Eurazeo / 2018 Registration document

GOVERNANCE Risk management, internal control and main risk factors

Other financial risks 3.4.2.10 Interest rate risk 3.4.2.10.1

fixed- and floating-rate loans, benefiting in part from interest rate hedges. The value of certain of Eurazeo’s assets and notably real estate assets (Patrimoine division) is also exposed to an increase in interest rates. As of December 31, 2018, borrowings (see Note 9.1 to the consolidated financial statements) broke down as follows:

The exposure of Eurazeo and its consolidated investments to interest rate risk mainly concerns medium- and long-term floating-rate loans. The Group has a policy of managing its interest rate risk by combining

Floating rate

12/31/2018

Fixed rate

Hedged Not hedged

Debt maturity

(In millions of euros)

Nest

Loans

6.6 6.6

- -

- - - -

6.6 6.6

2019

Eurazeo Brands sub-total

Planet

Loans

390.2

390.2

-

2025 2019 2024 2023 2030 2025 2026 2024 2022 2032

Other debt and interest

8.7

8.7

-

Iberchem

Loans Loans

125.2 720.3

- -

99.0

26.2 123.7

Seqens

596.6

Finance lease

3.8

3.8

- - - -

-

Other debt and interest

48.5 147.7 20.3 462.7

36.8

11.7

Sommet Éducation

Loans

-

147.7

2019-2023

WorldStrides

Bond issues

20.3

-

Loans

-

344.1

118.6

Finance lease Bond issues

0.8

0.8

- -

- -

Other companies

5.1

5.1

Eurazeo Capital sub-total

1,933.4

465.8

1,039.7

427.9 173.0

Eurazeo PME

Loans

370.3 355.7

41.1

156.3 103.7

2019-2025 2021-2028

Bond issues Finance lease

197.1 13.7 27.3 279.1

54.9

16.0 30.5

- -

2.3 3.2

2026

Other debt and interest

2019-2026

Eurazeo PME sub-total

772.4 124.7

260.0

233.4

C2S

Loan

12.6 25.5

88.2

23.9

2025 2025

Finance lease Bond issues

25.5

- - -

-

5.2

5.2

-

2023-2028 2019-2022

Other debt and interest

1.1

1.1

-

Highlight

Loan Loan

17.4 4.4

6.5

10.9

-

2023 2021 2023 2027 2020 2019 2031

Dazeo

-

4.4

Other debt and interest

2.7

2.7

-

- -

CIFA Assets

Finance lease

157.7 351.4

37.9

112.3 306.1

Grape Hospitality

Loan

2.9 0.7 0.5 3.6

42.4

2019-2023

Finance lease

0.7 0.5 3.6

-

- - -

Other debt and interest Other debt and interest

-

Other companies

-

Eurazeo Patrimoine sub-total TOTAL CONSOLIDATED DEBT

695.2

99.3

517.6

78.3

3,407.6

844.2

1,817.3

746.1

200

Eurazeo

2018 Registration Document