Debt information
Contenu(s)
Rating
Agence
Fitch Ratings
Note
BB+
Perspective
Negative Outlook
Date
Agence
Standard & Poor’s
Note
BB
Perspective
Stable Outlook
Date
Agence
Moody’s
Note
Ba2
Perspective
Stable Outlook
Date
Obligations
Bonds
2025 bonds
ISIN code
XS1785467751
Amount
700 000 000€
Interest rate
2,625%
Documentation
Download PDF5.34 MB
Bonds
Additional 2025 bonds
ISIN code
XS2209343495(2)
Amount
300 000 000€
Interest rate
2.625%
Documentation
Download PDF3.59 MB
Bonds
2026 bonds
ISIN code
XS1963830002
Amount
500 000 000€
Interest rate
3.125%
Documentation
Download PDF513.21 KB
Bonds
Additional 2026 bonds
ISIN code
XS2075851068(1)
Amount
250 000 000€
Interest rate
3.125%
Documentation
Download PDF697.3 KB
Bonds
Sustainability Linked Bonds 2026
ISIN code
XS2553825949
Amount
700 000 000€
Interest rate
7,250%
Bonds
2027 bonds
ISIN code
XS2081474046
Amount
700 000 000€
Interest rate
2.375%
Documentation
Download PDF736.47 KB
Bonds
Additional 2027 bonds
ISIN code
XS2290556666(3)
Amount
190 000 000€
Interest rate
2.375%
Documentation
Download PDF512.64 KB
Bonds
2028 bonds
ISIN code
XS2209344543
Amount
700 000 000€
Interest rate
3.750%
Documentation
Download PDF3.59 MB
Bonds
2029 Green Bonds
ISIN code
XS2312733871
Amount
400 000 000€
Interest rate
2.375%
Documentation
Download PDF1.8 MB
Bonds
Obligations durables 2027
ISIN code
XS2405483301
Amount
1 200 000 000 €
Interest rate
2,750%
Documentation
Télécharger le PDF1.79 MB
Légende
(1) Consolidated into 2026 bonds ISIN XS1963830002 from 16 December 2019
(2) Consolidated into 2025 bonds ISIN XS1785467751 from 09 September 2020
(3) Consolidated into 2027 bonds ISIN XS2081474046 from 15 March 2021 - Issued through a private placement
Titre
Related documents
2021
Titre
Net debt (in €bn)
Texte
• In February 2022, strategic acquisition of an 82% in Hella for €5.4bn, of which €4.2bn was paid in cash and increased Group’s indebtedness.
• To reduce debt, a €1bn disposal program was launched and is on track to be completed by end 2023.
• The Group’s target is to be below 1.5x Net debt/Adj. EBITDA ratio at end 2025
• To reduce debt, a €1bn disposal program was launched and is on track to be completed by end 2023.
• The Group’s target is to be below 1.5x Net debt/Adj. EBITDA ratio at end 2025
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