Investor Presentaiton
Solid Balance Sheet
* eurofins
Hybrid - Ba2 rated
• €300m hybrid issued in September 2019, callable at par by
Eurofins in August 2022. Bears a fixed coupon of 2.875% until
first call, Euribor 3m + 605.8 bp thereafter if not called
• €300m hybrid issued in April 2015, callable at par by Eurofins in
April 2023. Bears a fixed coupon of 4.875% until first call, Euribor
3m+ 701 bp thereafter if not called
•
.
€400m hybrid issued in November 2017, callable at par by
Eurofins in November 2025. Bears a fixed coupon of 3.25% until
first call, then 2.667% until Second Step-Up Date and 3.667%
thereafter if not called.
• On these hybrid instruments outstanding in 2021, a first
distribution on hybrid capital of EUR 14.6m was paid in April
(EUR 300m at 4.875%)
Eurobond - Baa3/
rated
• €650m Eurobond issued in Jul 2017 with a nominal amount
outstanding of €447.7m, 7-yr maturity (Jul 2024) at an annual
interest of 2.125%
•
•
€600m Eurobond issued in May 2020 with a nominal amount
outstanding of €302.2m, 6-yr maturity (Jul 2026) at an annual
interest of 3.75%
€750m Eurobond issued in May 2021, 10-yr maturity (May 2031) at
an annual interest of 0.875%
Schuldschein
€550m Schuldschein loan issued in Jul 2018 with a nominal
amount outstanding of €232m offering a blended interest rate of
1.38% with an average maturity of 5 years. Schuldschein was
structured with maturities of 4-yr (Jul 2022) and 7-yr (Jul 2025)
with both fixed and floating interest rates. Floating tranches
have been repaid in 2020 and in January 2021.
• €350 Schuldschein loan issued in Oct 2020 offering a blended
interest rate of 1.78% with an average maturity of 7.8 years. This
Schuldschein loan is structured in tranches of 5, 7 and 10 years,
with both fixed and floating interest rates, with more than 85% of
the transaction on the 7 and 10-year tenors.
*Calculated on the fixed tranches
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