Financial Information
Financing
To preserve a balanced capital structure and match financial resources with funding requirements, the key guidelines are that long-term debt is primarily used to support long-term investments, while short-term debt is used to support ongoing business in financing its main working capital needs
Diversified sources of funds
35% of long-term financing came from debt capital markets
Well-distributed debt maturity profile
Average maturity of long-term debt of 4.0 years
Sizeable amount of committed facilities
US$ 4.2 billion of undrawn committed bank lines
Sound Balance Sheet Structure
12,896
Fixed assets & investments
4,200
Other non-current assets (net)
200
Less liquid working capital
898
RMI
5,200
Liquid assets below 3 months
1,199
Current financial assets
1,199
Use of Capital
12,898
Equity
6,099
LT Debt
4,099
ST Debt
2,700
Source of Capital
12,896
Fixed assets & investments
4,200
Other non-current assets (net)
200
Less liquid working capital
898
RMI
5,200
Liquid assets below 3 months
1,199
Current financial assets
1,199
Use of Capital
12,898
Equity
6,099
LT Debt
4,099
ST Debt
2,700
Source of Capital
Long-term Financing Maturity
In US$ million
2022
2021
0
0
Maturity between 1-2 years
0
0
Maturity between 2-3 years
0
0
Maturity between 3-4 years
0
0
Maturity between 4-5 years
0
0
Maturity > 5 years
Debt Capital Markets
Bonds
| ISIN Code | Currency | Amount | Coupon | Maturity | Market |
|---|---|---|---|---|---|
| XS1629414704 | USD | USD300m | 5.25% | 13/06/2023 | Luxembourg stock exchange |
| XS2264074647 | EUR | EUR650m | 2.375% | 27/11/2025 | Luxembourg stock exchange |
| XS2332552541 | EUR | EUR500m | 1.625% | 28/04/2028 | Luxembourg stock exchange |
Prospectus
- Prospectus – 2021-04 26/04/2021
- Agency Agreement 28/04/2021
- Supplemental Agency Agreement 02.09.2021
- Prospectus – 2020-11 25/11/2020
- Prospectus – 2017-06 04/12/2017
- Prospectus – 2017-02 17/11/2016
Notices
- Issuer Substitution 01/09/2021
- Issuer Substitution 18/08/2021
Issuer’s articles of association
- Articles of association – LDC Finance BV 01/09/2021