Ashtead Group Results Presentation Deck

DEBT AND COVENANTS 36 Debt Ratings Availability Fixed charge coverage covenant Full year results | 30 April 2021 Facility $4.1bn first lien revolver $600m senior notes $600m senior notes $600m senior notes $600m senior notes $600m senior notes Corporate family Second lien ■ M Interest rate LIBOR + 125-175 bps 4.150% 5.250% 4.375% 4.000% 4.250% S&P BBB- BBB- Covenants are not measured if availability is greater than $410 million December 2023 August 2025 August 2026 August 2027 May 2028 November 2029 Moody's Baa3 Maturity Baa3 Fitch BBB- BBB- EBITDA less net cash capex to interest paid, tax paid, dividends paid and debt amortisation must equal or exceed 1.0x Greater than 1.0x at April 2021 Ashtead group

View entire presentation