Ashtead Group Results Presentation Deck
ROBUST AND FLEXIBLE DEBT STRUCTURE
$5,000m
$4,000m
$3,000m
$2,000m
$1,000m
$m
$5,000m
$4,000m
$3,000m
$2,000m
$1,000m
11
$m
Debt maturity prior to financing activities
Aug Aug May Nov FY31 Aug
2026 2027 2028 2029
2031
$750m
$550m $600m $600m $600m
Debt maturity subsequent to financing activities
FY23 FY24 FY25 FY26
FY23 FY24 FY25 FY26
First quarter results ¦ 31 July 2022
Aug Aug May Nov FY31
2026 2027 2028 2029
$550m $600m $600m $600m
Undrawn
Drawn
Notes
FY33
Aug Aug
2031 2032
$750m $750m
■
In August, issued $750m 5.50% notes due 2032
Subsequent to notes issue, borrowing facilities committed
for average of six years at a weighted average cost of 4%
▪ No financial monitoring covenants whilst availability
exceeds $450m (July 2022: $2,064m)
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