| (in millions of euro) | TOTAL | NOT DUE | < 30 DAYS | 31-44 DAYS | 45-75 DAYS | 76-90 DAYS | > 90 DAYS |
|---|---|---|---|---|---|---|---|
| Non-Group accounts payable* | Non-Group accounts payable *TOTAL64 |
Non-Group accounts payable *NOT DUE44 |
Non-Group accounts payable *< 30 DAYS12 |
Non-Group accounts payable *31-44 DAYS1 |
Non-Group accounts payable *45-75 DAYS2 |
Non-Group accounts payable *76-90 DAYS— |
Non-Group accounts payable *> 90 DAYS5 |
| Group accounts payable | Group accounts payable TOTAL11 |
Group accounts payable NOT DUE— |
Group accounts payable < 30 DAYS11 |
Group accounts payable 31-44 DAYS— |
Group accounts payable 45-75 DAYS— |
Group accounts payable 76-90 DAYS— |
Group accounts payable > 90 DAYS— |
| TOTAL | TOTALTOTAL75 | TOTALNOT DUE44 | TOTAL< 30 DAYS23 | TOTAL31-44 DAYS1 | TOTAL45-75 DAYS2 | TOTAL76-90 DAYS— | TOTAL> 90 DAYS5 |
* Only accounts payable and accrued expenses are included in this line item.
On June 24, 2014, Sodexo S.A. completed a bond issue structured in two tranches:
Accrued interest on these bonds amounted to 9 million euro as of August 31, 2021.
On October 14, 2016 Sodexo S.A. issued bonds for 600 million euro redeemable in April 2027 and bearing interest at an annual rate of 0.75%, with interest payable annually on April 14. On August 1, 2017, the Company increased this issue with an additional 200 million euro of bonds. Accrued interest on these bonds was 2 million euro as of August 31, 2021.
On May 22, 2018, Sodexo S.A. issued bonds for 300 million euro redeemable in May 2025 and bearing interest at an annual rate of 1.125%, with interest payable annually on May 22. Accrued interest on this bond was 1 million euro as of August 31, 2021.
On June 26, 2019, Sodexo S.A. issued bonds for 250 million pounds Sterling redeemable in June 2028 and bearing interest at an annual rate of 1.75%, with interest payable annually on June 26. Accrued interest on this bond was 1 million euro as of August 31, 2021.
On April 27, 2020, Sodexo S.A. completed a bond issue structured in two tranches:
Accrued interest on this bond amounted to 5 million euro as of August 31, 2021.
On July 17, 2020, Sodexo S.A. completed a bond issue structured in two tranches:
Accrued interest on this bond amounted to 2 million euro as of August 31, 2021.
None of the above-described bonds are subject to financial covenants.
On July 18, 2011, Sodexo S.A. contracted a multi-currency credit facility for a maximum of 600 million euro plus 800 million U.S. dollars, with an original maturity date of July 18, 2016. This facility has been amended on a number of occasions with the most recent amendment being in July 2019 with a new maturity date of July 2024, with two options to extend the maturity by one year each, up to July 2026. The first option to extend this facility was executed during Fiscal 2020 and the second was executed during Fiscal 2021. The maturing date is now July 2026. The maximum available limits under this facility now are 589 million euro plus 785 million U.S. dollars.
The most recent amendment also incorporates a sustainability clause that links the credit facility cost to Sodexo’s ability to comply with its public commitment to reduce its food waste by 50% by 2025.
Amounts drawn on this facility carry floating interest indexed on the LIBOR and EURIBOR rates. This credit facility is not subject to any covenants.
No amounts had been drawn down on the facility as of either August 31, 2021 or August 31, 2020.
