Duration of financing

Intervest always aims for a balanced spread of the refinancing dates of its financing. Credit expiry dates are spread between 2019 and 2026.

As at 31 December 2018, 80% of long-term financing had an average remaining duration of 4,4 years.

20% are short-term financing agreements, consisting of 35% commercial paper (€ 35 million), 30% credit facilities expiring within one year (€ 30 million), 25% a bond loan falling due as at 1 April 2019 (€ 25 million), 8% financing with an unlimited duration (€ 8 million) and 2% institutional financing facilities (€ 2 million).

Financing is spread across 7 European financial institutions, bond holders and a commercial paper program.

 

  • Expiry dates calendar of credit lines (31.12.2018)
    Expiry dates calendar of credit lines (31.12.2018)
  • Ratio of long to short-term credit facilities (31.12.2018)
    Ratio of long to short-term credit facilities (31.12.2018)