Debt and financing

Gross financial debt as of 06/30/2022 (€ million)

Total as of 06/30/2022: € 2,086 million excl. IFRS 16 (as per Senior Facility Agreement)

Net debt constituents maturity as of 06/30/2022 (€ million)

Net financial debt as of 06/30/2022 as per SFA: € 1,470.7 million
Leverage ratio: 2.8x (1)

(1) Net financial debt/ PF EBITDA of the last 12 months

Mid-term and long-term debt facilities

(a) The applicable margin is based on the Group's net financial debt/ EBITDA ratio (proforma and based on the prevailing EBITDA over a rolling 12-months-period)
(b) The Senior Credit Facilities Agreement requires compliance with financial covenants, including the maintenance of certain financial ratios. In particular, the Group is required to maintain a leverage ratio (defined as the ratio between the total amount of the net debt and EBITDA) of 4.00:1 at end December 2020 and thereafter, calculated every twelve months in accordance with the total amount of its net debt at that date and the EBITDA prevailing over a 12-month rolling period.

Cost of bank facilities

Cost of bank facilities

Credit Ratings

March 15th, 2017 Bond offering