2022 Full-Year Results Presentation
Debt strategy delivering long-term financing flexibility
Debt maturities as at 31 December 2022 (Em)
1,600.0
1,400.0
1,200.0
1,000.0
800.0
600.0
400.0
200.0
EMTN
RCF drawn
RCF Undrawn¹
Bank
0.0
2022
2023
2024
2025
2026
2027
2028
informa
Strong cash delivery and debt management:
Debt refinancing through Covid removed all
group financial covenants
Managed pension position, with surplus of
£49m
Long-term debt strategy with average maturity
of 3.1 years
All debt secured on fixed rates
(average gross cost of debt c.3.5%)
Zero leverage at year-end 2022
Substantial liquidity of £3.2bn
(Undrawn RCF and Cash balances)
Covenant-free, fixed rate debt with long-term maturities and substantial liquidity
2022 Full-Year Results Presentation
Information Classification: General
1Reflects extension to facility signed on 14 February 2023
20View entire presentation