Financing
Financial rating and performance
Liquidity
€2.53 billion
Net debt1
€1.68 billion
Average maturity2
4 years and 6 months
LTV
28.5 %
Standards & Poor’s rating
BBB-
(negative outlook)
to as of October 9, 2024
1 Banking and bond
2 Gross debt maturity (€2.46 billion) after taking into account the cash available to repay the Altareit 2025 bond issue
Data as of 31/12/2024
Group’s financial strategy
The Group’s financial strategy aims to maintain abundant liquidity and open access to all debt markets (banking, money market and bonds). In line with its ESG, commitments, Altarea includes a clause on alignment with the European taxonomy, a non-financial benchmark, in all its bank loans, whether for corporate finance or individual real-estate assets
Group gross debt
Corporate and bank debt : 264 €m
Credit markets : 1445 €m
Mortgage debt : 559 €m
Dette Promotion : 111 €m
Photovoltaic project debt : 81 €m
Data as of 31/12/2024
Debt maturity schedule
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