Investor Presentaiton
Strong liquidity position and improving credit metrics.
• Main credit facilities mature Q3 2020 with
subordinated loan from Seadrill maturing in
2021.
•
•
Archer operates well within all covenant
requirements including liquidity, EBITDA and
Capex.
Significant EBITDA-improvement and
reduced NIBD.
-
NIBD/EBITDA ratio down 50% since
2016
NIBD/EBITDA ratio meaningfully
reduced over the last two quarters.
Non-consolidated associated investments
(QES and C6) further lowers
NIBD/EBITDA ratio compared to graph
• Robust liquidity position of approximately
$139 million.
Archer
Debt amortization profile [$m]
800
700
600
500
400
300
200
100
7
0
2019
18
16 16
14 14
12
10
88
6
4
2
0
93
582
2020
Amortisation profile Undrawn
58
58
2021
Net Interest Bearing Debt / EBITDA
80 6
Q4-16 Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18 Q4-18
NIBD / LTM EBITDA
NIBD / Run rate EBITDA
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