- Fixed rate portion on gross debt approximately 78%
- About 24% of the outstanding bonds (face value) is denominated in USD and 7% in BRL, fully hedged vs accounting currencies
- Cost of debt: ~6.2%
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 487 €/mln (of which 126 €/mln on bonds),
- the impact on Financial Assets is equal to 386 €/mln,
therefore, the Net Financial Indebtedness is adjusted by 101 €/mln.