Investor Presentation
GERRESHEIMER
Leverage Stable - Promissory Note Agreement Signed
-
End of Q3 2020: Financial Status
NET FINANCIAL DEBT AND ADJ. EBITDA LEVERAGE
NET FINANCIAL DEBT ACCORDING TO CREDIT
AGREEMENT IN FORCE 1)
976.0
980.7
In EUR m
May 2020
Aug 2020
Revolving credit facility
360.2
365.5
3.2
-3.2
Promissory loans (2017)
250.0
250.0
Promissory loans (2015)
425.0
425.0
Local borrowings
33.1
33.6
May 31 2020
Aug 31 2020
Installment purchase liabilities
1.7
1.7
Net financial debt according to the credit agreement in force¹)
Adj. EBITDA leverage (x)
Cash and cash equivalents
(94.0)
(95.1)
Net financial debt according to credit
agreement in force 1)
976.0
980.7
EXPIRY DATE MAIN FACILITIES
189.5
305.5
550.0
109.0
25.5
45.5
FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
STATUS OF CURRENT PROMISSORY LOAN
TRANSACTION
Successful refinancing the promissory loans maturing
in November 2020
EUR 325m promissory loan agreement signed
Conditions towards former promissory loan improved
Highly oversubscribed: sustained confidence in
Gerresheimer's business model
Closing expected for early November 2020
■RCF Promissory loans
1.
Without base liabilities
13.10.2020
Investor Presentation
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