The Group’s objective is to maintain a balance between continuity of funding and flexibility through the use of bank loans, confirmed and unconfirmed credit facilities, commercial paper program, etc.
For medium- to long-term funding, the Group uses bonds. The maturity profile of the debt portfolio is spread over several years. The Group Treasury frequently assesses its funding resources taking into account its own credit rating and general market conditions.
Outlook : Stable
Last update : 08/10/2019
Short term rating : A-2
The tables below detail all Elia Eurobond issues.
|Start date||Amount||Tenor||Coupon||ISIN Bound|
|26 May 2020||€ 66.6 million||7.67 y||1.56 %||BE 6322084128|
|26 May 2020||€ 133.4 million||23.67 y||1.56 %||BE 6322086149|
|28 April 2020||€ 800 million||10 y||0.875 %||BE 6321529396|
|14 January 2019||€ 500 million||7 y||1.375 %||BE 0002629104|
|7 April 2017||€ 250 million||10 y||1.375 %||BE 0002276450|
|27 November 2015||€ 500 million||8.5 y||1.375 %||BE0002239086|
|7 April 2014||€ 350 million||15 y||3.00 %||BE 0002466416|
|4 April 2013||€ 550 million||15 y||3.25 %||BE 0002432079|
|4 April 2013||€ 200 million||20 y||3.50 %||BE 0002433085|
Official payment agencies
1080 Brussels, Belgium
London EC4V 4DE, UK
The Group is using equity funding for long-term funding. It is the Group’s objective to keep a healthy balance between debt and equity funding.
With a view to repaying loans that will mature in the months and years ahead and financing its investment programmes, Elia has decided to launch a financial programme called the Euro Medium Term Note (EMTN) programme.
These Eurobonds are listed on the Euronext Brussels Stock Exchange. Clearing takes place via the X/N system.
Documents related to the General Meetings of Noteholders