Credit facilities and rating
Credit facilities
Syndicated bank facility
Proximus (previously Belgacom) has 2 standby credit facilities; both are revolvers and are provided by a wide range of local and international banks. These facilities also serve as back-up against the refinancing risk related to any issued commercial papers.
Amount | Tenor | Maturity |
---|---|---|
150M EUR | 5 years | June 2021 |
450M EUR | 5 years | Aug 2021 |
Overdraft facilities
Proximus has overdraft facilities with local and international banks for a total amount of 100M EUR. Typically, these facilities are extended on a yearly or bi-yearly basis.
Credit rating
Situation 30/09/2020
Moody’s | Standard & Poor’s | |
---|---|---|
Long term rating | A1 | A |
Outlook | Stable | Negative |
Last change | 21/01/2010 | 10/04/2020 |
Short term rating | - | A-1 |