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