- Average ML/T debt maturity: reported 8 years (bonds only: 6.6 years), after lease 6 years
- Fixed rate portion on reported gross debt approximately 74%
- 25% of the outstanding bonds (nominal value) is denominated in USD and 15% in BRL, fully hedged vs accounting currencies
- Cost of debt: reported 7.3%, after lease 6.3%
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 233 €/mln (of which 38 €/mln on bonds),
the impact on Financial Assets is equal to 141 €/mln,
therefore, the Net Financial Indebtedness is adjusted by 92 €/mln.