GTC Acquisition and Construction Overview
STRENGHT OF DEBT METRICS
Conservative financing structure to manage liquidity needs
As of 30 June 2020
LTV
50% REMAINS OUR LONG TERM TARGET
DEBT MATURITY
(pro-forma for completed renegotitation with PEKAO and new
term sheet signed with Santander)
€m
39%
54%
43% 42%
45%
44%
46%
2014
2015
2016
2017
2018
2019
H1'20
AVERAGE INTEREST RATE
4.3%
3.4%
3.2%
2.8%
2.7%
2.6%
2.6%
| | | |
2014
2015
2016
2017
2018
2019
H1'20
(€m)
Weighted average debt maturity
(years)
Source: GTC
19
30 June 2020
31 Dec' 2019
3.6
4.0
294
267
216
173
203
258
132
205
118
100
15
80
31
10
33
53
42
31
16
21
55
For 12M
ended 30 June'21 30 June'22 30 June'23
30 June'24
30 June'25
30 June'26
Loans to be recycled/cure covenants
Bonds
and beyond
Loans amortization
DEBT SPLIT
Loans
€1,092m
92%
Bonds
€90m
8%
о
| FIINANCIAL HIGHLIGHTS |
Due to rounding the figures may not add up to totals
GT CIView entire presentation