- Average ML/T debt maturity: reported 7.74 years (bonds only: 6.3 years), after lease 6 years
- Fixed rate portion on reported gross debt approximately 79%
- 20% of the outstanding bonds (nominal value) is denominated in USD and 17% in BRL, fully hedged vs accounting currencies
- Cost of debt: reported 6.8%, after lease 5.9%
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 259 €/mln (of which 45 €/mln on bonds),
the impact on Financial Assets is equal to 162 €/mln,
therefore, the Net Financial Indebtedness is adjusted by 97 €/mln.