| Loans and Borrowings |
11. LOANS AND BORROWINGS The Company has the following principal and interest payable amounts outstanding for loans and borrowings:
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands of Euros) |
|
Currency |
|
Year of maturity |
|
December 31,
2023 |
|
|
September 30,
2023 |
|
Non-current liabilities |
|
|
|
|
|
|
|
|
|
|
Term Loan (EUR) |
|
EUR |
|
2028 |
|
|
375,000 |
|
|
|
375,000 |
|
Term Loan (USD) |
|
USD |
|
2028 |
|
|
296,103 |
|
|
|
730,159 |
|
Vendor Loan |
|
EUR |
|
2029 |
|
|
199,560 |
|
|
|
299,560 |
|
Senior Notes |
|
EUR |
|
2029 |
|
|
428,500 |
|
|
|
428,500 |
|
|
|
|
|
|
|
|
1,299,163 |
|
|
|
1,833,220 |
|
Senior Note embedded derivative |
|
|
|
|
|
|
28,638 |
|
|
|
28,638 |
|
Less: amortization under the effective interest method |
|
|
|
|
|
|
(35,016 |
) |
|
|
(46,163 |
) |
|
|
|
|
|
|
|
1,292,785 |
|
|
|
1,815,695 |
|
|
|
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
|
|
|
Term Loan (EUR) interest payable |
|
EUR |
|
N/A |
|
|
4,358 |
|
|
|
4,197 |
|
Term Loan (USD) - current portion |
|
USD |
|
2028 |
|
|
2,980 |
|
|
|
7,347 |
|
Term Loan (USD) interest payable |
|
USD |
|
N/A |
|
|
4,444 |
|
|
|
10,938 |
|
Vendor Loan interest payable |
|
EUR |
|
N/A |
|
|
7,877 |
|
|
|
5,487 |
|
Senior Notes interest payable |
|
EUR |
|
N/A |
|
|
3,749 |
|
|
|
9,373 |
|
|
|
|
|
|
|
|
23,408 |
|
|
|
37,343 |
|
During the three months ended December 31, 2023, the Company made early repayments of €100.0 million of the Vendor Loan and $450.0 million of the USD Term Loan Facility.
|