technicolor - 2018 Registration document

6 FINANCIAL STATEMENTS

NOTE 9 BORROWINGS & FINANCIAL INSTRUMENTS

Borrowings & Financial instruments

NOTE 9

Technicolor’s debt consists primarily of Term Loan Debt in U.S. dollars

Investment Bank (“EIB”) issued by Technicolor SA in January 2017 was

and in euros, issued in December 2016 and March 2017, maturing in prepaid in December 2018. 2023. A loan in the amount of €90 million from the European Summary of the debt 9.1

2018

2017

(in million euros) Term Loan Debt

983

974

EIB Loan

-

90

Accrued interest

4

4

Current Accounts and loans with subsidiaries

1,245 2,232

1,199

TOTAL FINANCIAL DEBT

2,267

Of which due and payable after 1 year Term Loan Debt and EIB Loan

980

1,061

Loans with subsidiaries

217

205

Main features of Term Loan Debt

9.2

Amount in local currency

Interest rate

Currency

Amount (1)

type Final maturity

(in million euros)

EURIBOR (2) + 350bps December 2023 EURIBOR (2) + 300bps December 2023 LIBOR (3) + 275bps December 2023

Term loan

450

EUR

450

Term loan

275

EUR

275

Term loan

295

USD

258 983

Exchange rate as of December 31, 2018. (1) 3 months EURIBOR is subject to a 0% floor. (2) 3 months LIBOR is subject to a 0% floor. (3)

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TECHNICOLOR REGISTRATION DOCUMENT 2018