Worldline - 2019 Universal Registration Document

FINANCIALS Consolidated financial statements

CONVERTIBLE BONDS

30/07/2019 30/07/2026

Settlement date Maturity date

Issue size Issue price

€ 600 M

107% 100%

Redemption price Number of bonds

5,813,953

Coupon (in %)

0%

Nominal value per bond

€ 103.2

Issue price

€ 110.424

Initial conversion/exchange ratio

One share per bond

Gross proceeds

€ 642 M

Bond issuance On September 18, 2019, the Group issued a bond maturing on September 18, 2024. The par value of the bond was € 500 million, or 5,000 bonds with a nominal value of € 100,000 each. The bonds carry an annual coupon of 0.25%. The debt was recognized at amortized cost. Issuance costs are amortized in profit or loss over the life of the bond.

BOND

18/09/2019 18/09/2024

Settlement date Maturity date

Issue size

€ 500 M

Issue price (in %) Redemption price Number of bonds

99.5% 100% 5,000 0.25%

E

Coupon (in %)

Nominal value per bond

€ 100,000 € 99,500 € 497.5 M

Issue price

Gross proceeds

Comparison between carrying value and fair value of borrowings are presented below:

Effective interest rate

Carrying value

Fair value

(In € million)

Convertible bonds*

557.4 496.7

655.6 497.4

1.13% 0.41%

Straight bond

Total borrowings

1,054.2

1,153.0

Fair value of the convertible bond includes both the liability component and the equity component. *

267 Universal Registration Document 2019