Investors
Debt informations
Debt profile
Updated in December 2023
The Company’s current bank debt is composed by:
- A Sustainability-linked Term Loan, linked to specific sustainability KPIs, with a pool of 4 financial institutions, for an amount of 500 million euros. In January 2024 was formalised the option to extend the maturity date from April 2025 to April 2027;
- A Syndicated Revolving Credit Facility (RCF) with a pool of 10 domestic and international banks, linked to sustainability KPIs, for an amount of 500 million euros and maturity in March 2027, currently drawn for 125 million euros;
- A loan with the European Investment Bank (EIB) for an amount of 298 million euros, amortizing starting from February 2026 and maturity in August 2033;
- Short-term credit lines for 130 million euros.
On the capital market the Company has issued:
- in July 2020, a bond of 1 billion euros with a coupon of 1.875% and maturity in July 2026;
- in October 2020, a bond of 750 million euros with a coupon of 1.625% and maturity in October 2028;
- in April 2021, a bond for an amount of 500 million with a coupon of 1.75% and maturity in April 2031.
Details on debt maturities and on the issued notes are shown respectively in the chart and the table below:
Notes issued by INWIT S.p.A.
| ISIN Code | Currency | Amount Millions | Stock Exchange | Coupon | Issue Date | Maturity Date | Issue price % |
|---|---|---|---|---|---|---|---|
| XS2200215213 | EUR | 1,000 | Luxembourg | 1,875% | 08/07/2020 | 08/07/2026 | 99,809 |
| XS2244936659 | EUR | 750 | Luxembourg | 1,625% | 21/10/2020 | 21/10/2028 | 99,755 |
| XS2332687040 | EUR | 500 | Luxembourg | 1,750% | 19/04/2021 | 19/04/2031 | 99,059 |
Securities listed on the Luxembourg Stock Exchange and issued under INWIT S.p.A. Euro Medium Term Note Programme
Rating
The rating is a summary indicator of a company’s creditworthiness and is provided by independent international agencies (Rating Agencies).
Below the current Ratings assigned to the company as of July 20th, 2023, and the Rating Agencies reports:
| Standard & Poor’s | Fitch Ratings | ||
|---|---|---|---|
| Rating | Outlook | Rating | Outlook |
| BB+ | Stable | BBB- | Stable |
Euro Medium Term Note Programme
Company Bylaws 2022
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Annual Financial report 2021
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Financial Report at June 30 2022
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Agency agreement 2022
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Deed of Covenant 2022
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Temporary Global Note 2022
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Permanent Global Note 2022
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Base Prospectus 2022
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Base Prospectus 2021
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Agency Agreement 2021
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Temporary Global Note 2021
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Permanent Global Note 2021
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Half Year Financial Report at June 30, 2021
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Deed of Covenant 2021
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2018 Annual Financial report fully searchable
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2019 Annual Financial report fully searchable
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2020 Annual Financial report fully searchable
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Unaudited interim management report at 31 March 2020
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Half-Year Financial Report at June 30, 2020
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Pro-forma separate income statement for the year ended 31 December 2019
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Report on the compilation of pro-forma financial information
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Carve-out financial statements at 31 December 2019 of Vodafone Towers Srl
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Deed of Covenant
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Permanent Global Notes
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Temporary Global Notes
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Company By Laws
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Agency Agreement
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Base Prospectus
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Supplement to Prospectus First Supplement dated 8 October 2020
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Supplement to Prospectus Second Supplement dated 26 March 2021
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Roadshow Presentation
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Appointments and Successions Download the Press Release - Resignation of two Directors (30/09/2020)
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Appointments and Successions Download the Press Release - Appointment of Two Directors (02/10/2020)
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Global Investor Call 12-10-2020
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Minutes
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