Debt information

Maturity profile per Nov 2024

in EUR million

Bank facilities

We have a EUR 200 million 3-year senior secured sustainability-linked revolving credit facility and a EUR 200 million 3-year senior secured sustainability-linked term loan in place, both subject to a 1-year extension option, with six relationship banks.

The initial rate of interest on the revolving credit facility is EURIBOR +2.75% and depending on leverage can vary between EURIBOR +1.75% and EURIBOR +3.75%. To date, this facility is fully undrawn. The term loan has an initial interest rate of EURIBOR +3.50% and depending on leverage can vary between EURIBOR +3.25% and EURIBOR +5.00%. A discount or penalty of between 5 basis points and 10 basis points will be applied on the margin payable on the revolving credit facility and the term loan based on the performance of Fugro against specified targets for three key performance indicators as outlined in the sustainability-linked financing framework.