Investors

Debt informations

Debt profile

Updated in September 2022

The Company’s current bank debt is composed by: 

  • A Bilateral Term loan for 40 million euros due in November 2023;
  • A Sustainability-linked Term Loan, linked to specific sustainability KPIs, with a pool of 4 financial institutions, for an amount of 500 million euros and maturing in April 2025; 
  • 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 135 million euros;
  • A loan with the European Investment Bank (EIB) for an amount of 250 million euros, amortizing starting from February 2026 and maturity in August 2033;
  • Some uncommitted credit lines.

On the capital market the Company has issued:

  • in July 2020, its inaugural bond for 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 CodeCurrencyAmount MillionsStock ExchangeCouponIssue DateMaturity DateIssue price %
XS2200215213EUR 1,000Luxembourg1,875%08/07/202008/07/202699,809
XS2244936659EUR 750Luxembourg1,625%21/10/202021/10/202899,755
XS2332687040EUR 500Luxembourg1,750%19/04/202119/04/203199,059
Note

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 11th, 2022, and the Rating Agencies reports:

Standard & Poor’sFitch Ratings
RatingOutlookRatingOutlook
BB+StableBBB-Stable

Euro Medium Term Note Programme

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