Net Debt: EUR 1,217m

(Net debt as of September 30, 2022)

Rating

S&P

June 14, 2023
Negative outlook
Last update (PDF) →

Moody's

June 2, 2023
Negative outlook
Last update (PDF) 

Debt structure

(as of September 30, 2022)

Funding sources

Including IFRS16 and On/Off securitization

funding sources as of 30 septembre 2022

 

Debt by maturity

Including IFRS16 and On/Off securitization
(in million EUR)

debt by maturity

 

Interest rate exposure

Net debt after IR and FX hedging, excluding IFRS16 and including On/Off securitization

interest rate exposure

 As of December 19, 2022, Elior net debt is fixed or capped at 80%.

Financial covenants

Debt Covenant - Net Debt / EBITDA (including IFRS 16)

(after December 16, 2022 waiver)
 

Testing dates Ratio
September 30, 2022 Covenant holiday
March 31, 2023 7.5x
September 30, 2023 6.0x
March 31, 2024 onwards 4.5x

 

Net Debt/EBITDA = 8.3x

(as of September 30, 2022, excluding Preferred Meals) 

Bond

 

ISIN Bond issue Maturity Nominal amount
(in million EUR)		 Coupon
XS2360381730  July 8, 2021 July 15, 2026 550 3.75%