Worldline - 2020 Universal Registration Document

FINANCIALS Parent company financial statements

As at December 31, 2020, bonds are composed of:

June 2020

June 2020

July 2020

December 2020 Convertible bond 5.7 years

May 2014

September 2017

July 2019

September 2019

Straight bonds 3 years

Straight bonds 7 years

Convertible bond 5 years

Straight bonds 7 years 1

Convertible bond 7 years

Straight bonds 7 years 1

Straight bonds 5 years

Main characteristics

Unsecured Fixed Rate Note September 2019 September 2024

Unsecured Fixed Rate Note

Unsecured Fixed Rate Note

Unsecured Fixed Rate Note September 2017 September 2024

Unsecured Fixed Rate Note

Nature

Oceane

Oceane

Oceane

May 2014 May 2021

July 2019 July 2026

June 2020 June 2023

June 2020 June 2027

July 2020 July 2025

December 2020 2

Issue date

July 2026

Maturity date Issue size (in € million) Cash received (in € million) Yield to maturity Conversion exchange ratio Coupon

450

600

600

500

500.0

500.0

600.0

200.0

449 2.5% 2.5%

597 1.6% 1.7%

642

498 0.3% 0.4%

499.6

496.5

637.8

225.8

0.5% 0.5%

0.9% 1.0%

-1.1%

-1.2%

-2.1%

1 share per bond

1 share per bond From July 2023 to the maturity date Split accounting (IAS 32)

1 share per bond From July 2024 to the maturity date Split accounting (IAS 32)

N/A

N/A

N/A

N/A

N/A

From July 2024 to the maturity date Split accounting (IAS 32)

Early redemption option

N/A

N/A

N/A

N/A

N/A

Amortized cost (IFRS 9)

Amortized cost (IFRS 9)

Amortized cost (IFRS 9)

Amortized cost (IFRS 9)

Amortized cost (IFRS 9)

Valuation methodology

Fees (in € million)

2.4

2.2

5.2 4.2

1.3

1.2

1.8

3.7 4.8

0.7 2.1

Call option (in € million) Debt component at inception (in € million) Equity component at inception (in € million) Effective interest rate (EIR)

E

446

595

555

496

498.4

494.6

578.6

195.5

82.0

55.5

29.6

2.6%

1.8%

1.1%

0.4%

0.6%

1.0%

0.7%

0.4%

Linked to the Ingenico integration. 1 Linked to initial convertible bonds issued in June 2020. 2

Difference between Cash received and issue size is recognized through profit and loss over the duration of the financing. Other borrowings for € 374 million are entirely linked to a “Negociable European Commercial Paper” program (NEU CP), implemented since April 12, 2019. On December 20, 2018 Worldline signed a € 600 million revolving credit facility for 5 years, maturing on December 2023, with extensible maturity to December 2025 (depending on Worldline’s request). In October 2019, a first extension was requested and approved by banks. As a consequence, the facility had a new maturity in December 2024. Under the terms of the initial agreement, this facility included one financial covenant, which was the consolidated leverage

ratio (net debt divided by Operating Margin before Depreciation and Amortization) that should not be greater than 2.5 times. In December 2019, the cancellation of the financial covenant was obtained, and this facility does not include any more this financial covenant. In October 2020, a second extension was approved by banks for an amount of € 554 million. The new maturity date of the facility is now December 2025. Therefore, the amount of the credit facility will be € 600 milion until December 2024, and € 554 million from December 2024 to December 2025 (final maturity). As at December 31, 2020, Ingenico had a revolving credit facility of € 750 million, maturing on July 2023.

Universal Registration Document 2020

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