Debt Structure
| €million |
Maturity |
Dec. 31, 2019 |
Dec. 31, 2020 |
Mar. 31, 2021 |
| High Yield Senior Notes |
2024 |
600 |
600 |
0 |
| High Yield Senior Notes |
2026 |
450 |
450 |
0 |
| State guaranteed Loans |
|
|
281 |
280 |
| Crédit Suisse Facility |
|
|
50 |
0 |
| Senior Revolving Facility (€650m) & NEU CP (€450m) |
2023 |
518 |
624 |
500 |
| FCT Junior Notes, accrued interest not yet due, capitalized financing costs and other |
|
(227) |
(204) |
(195) |
| Gross Corporate debt |
|
1,341 |
1,801 |
585 |
| Short-term Investments and Cash in operating and holding entities |
|
(462) |
(375) |
(386) |
| CORPORATE NET DEBT |
|
880 |
1,426 |
199 |
| €million |
Maturity |
Dec. 31, 2019 |
Dec. 31, 2020 |
Mar. 31, 2021 |
| High Yield EC Finance Notes |
2022 |
500 |
500 |
500 |
| Senior asset revolving facility (€1.7bn SARF) |
2022 |
1,134 |
445 |
414 |
| FCT Junior Notes, accrued interest, financing capitalized costs and other |
|
253 |
243 |
228 |
| UK, Australia and other fleet financing facilities |
|
1,572 |
969 |
920 |
| Gross financial fleet debt |
|
3,459 |
2,157 |
2,061 |
| Cash held in fleet financing entities and Short-term fleet investments |
|
(235) |
(118) |
(90) |
| Fleet net debt in Balance sheet |
|
3,224 |
2,038 |
1,971 |
| |
|
|
|
| Fleet liabilities related to leases |
|
131 |
75 |
66 |
| |
|
|
|
| TOTAL FLEET NET DEBT (incl. op leases) |
|
3,355 |
2,114 |
2,037 |
Search Investor Relations
