Sustainability for TIM

The Report 2024 incorporates the principles of the Corporate Sustainability Reporting Directive (CSRD) and is included in the Financial and Sustainability Report. Read more

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Debt Structure as of March 31, 2025

05/08/2025 - 10:00 AM

IQ 2025 Results

Reported adjusted gross financial debt: € 15,477 mln

Available Liquidity Margin - € bln
Out of € 5 bln Financial Assets3.7+
Revolving Credit Facility of € 3 bln expiring in April 20263.0=
Liquidity Margin

 

6.7

  • Average debt maturity: 6.6 years (bonds only: 5.3 years)
  • Fixed rate portion on gross debt approximately 80%
  • About 19% of the outstanding bonds (nominal value) is denominated in USD and 10% in BRL, fully hedged vs accounting currencies
  • Cost of debt: ~6.4%

NOTE: The figures are net of the adjustment due to the fair value measurement of derivatives and related financial liabilities/assets, as follows:

the impact on Gross Financial Debt is equal to 314 €/mln (of which 59 €/mln on bonds),

the impact on Financial Assets is equal to 205 €/mln, 

therefore, the Net Financial Indebtedness is adjusted by 109 €/mln.