Traditional debt consisting of a single long-term loan for a nominal amount of €3.65bn:
- £1.5bn in sterling and €1.965bn in euros
- 6 tranches (3 in €, 3 in £) with an average life of 25 to 41 years
-
Interest payments including payments on hedging contracts: €201M in 2009
-
1st repayment of principal in 2013
-
Original lenders: consortium consisting of Goldman Sachs International / Deutsche Bank AG
-
Investment Grade Rating of Baa2 (Moody's)
Current term loan (nominal value at 31 December 20091)
1 Based on exchange rate of £1 = €1.126 at 31 December 2009
2 Floating-rate tranches are fully covered by interest-rate hedging contracts