Financing

Debt maturity profile

Key figures 30.9.2016

Interest-bearing net debt, MEUR 373.1
Interest-bearing net debt/EBITDA  1.51 (cumulative)
Net gearing, %  69.0 
Equity ratio, %  45.8 
Average interest of the loan portfolio, %  2.0

 

At present, DNA does not have a credit rating.

More information on the management of credit risks in note 3 to financial statements >>

Primary sources of financing, 30 September 2016

EUR 90 million Danske, Nordea, Pohjola, SHB & SEB
EUR 100 million Bond I, coupon rate 2.625%
EUR 150 million Bond II, coupon rate 2.875%
EUR 38 million EIB
EUR 45 million Commercial papers

Financing reserves

Amount Utilised
Revolving credit facility of EUR 150 million Fully undrawn
Commercial paper programme of EUR 150 million EUR 45 million

DNA’s financial covenants

Equity ratio:
30 September 2016: 46.1%
Limit: 35.0%

Interest bearing net debt / EBITDA (rolling 12 months): 
30 September 2016: 1.56
Limit: 3.50