Debt Structure

 

Net financial debt before lease liabilities (IFRS 16) and before the application of IFRS 5 (assets held for sale) stands at €655 million at 31 December 2020.
The Group’s cash position remains very strong, with €1,364 million in total cash at 31 December 2020, plus €455 million in confirmed undrawn credit lines.
Nexity was in compliance with all of its bank and bond covenants at 30 June and 31 December 2020. As a precaution, given the high level of uncertainty as to when the public health crisis will end, the Group’s bank lenders and bondholders agreed to waive the commitment not to exceed a leverage ratio of 3.5 at the end of the six-month periods ending in June 2020, December 2020 and June 2021.

 

 

GROSS FINANCIAL DEBT SCHEDULE (BEFORE LEASE LIABILITIES) AT 31 DECEMBER 2020

Related:

Calendar

23/02/22
2021 annual results (after market close)

(Quiet period from January 24, 2022 after market close)

18/05/22
2022 Shareholders' Meeting