| (in millions of euros) | Principal (in currency) | Currency | Principal (in euros) | Type of interest rate | Rate | Issuance date | Maturity date | Accrued interest (in euros) | Unamortized cost | Total (in euros) |
|---|---|---|---|---|---|---|---|---|---|---|
| Sodexo S.A. | Sodexo S.A. Principal (in currency)500 |
Sodexo S.A. Currency EUR |
Sodexo S.A. Principal (in euros)500 |
Sodexo S.A. Type of interest rate Fixe |
Sodexo S.A. Rate 2.500% |
Sodexo S.A. Issuance date 06/24/2014 |
Sodexo S.A. Maturity date 06/24/2026 |
Sodexo S.A. Accrued interest (in euros)2 |
Sodexo S.A. Unamortized cost — |
Sodexo S.A. Total (in euros)502 |
| Sodexo S.A. | Sodexo S.A. Principal (in currency)600 |
Sodexo S.A. Currency EUR |
Sodexo S.A. Principal (in euros)600 |
Sodexo S.A. Type of interest rate Fixe |
Sodexo S.A. Rate 0.750% |
Sodexo S.A. Issuance date 10/14/2016 |
Sodexo S.A. Maturity date 04/14/2027 |
Sodexo S.A. Accrued interest (in euros)1 |
Sodexo S.A. Unamortized cost — |
Sodexo S.A. Total (in euros)601 |
| Sodexo S.A. | Sodexo S.A. Principal (in currency)200 |
Sodexo S.A. Currency EUR |
Sodexo S.A. Principal (in euros)200 |
Sodexo S.A. Type of interest rate Fixe |
Sodexo S.A. Rate 0.750% |
Sodexo S.A. Issuance date 08/01/2017 |
Sodexo S.A. Maturity date 04/14/2027 |
Sodexo S.A. Accrued interest (in euros)1 |
Sodexo S.A. Unamortized cost (3) |
Sodexo S.A. Total (in euros)198 |
| Sodexo S.A. | Sodexo S.A. Principal (in currency)250 |
Sodexo S.A. Currency GBP |
Sodexo S.A. Principal (in euros)288 |
Sodexo S.A. Type of interest rate Fixe |
Sodexo S.A. Rate 1.750% |
Sodexo S.A. Issuance date 06/26/2019 |
Sodexo S.A. Maturity date 06/26/2028 |
Sodexo S.A. Accrued interest (in euros)2 |
Sodexo S.A. Unamortized cost (1) |
Sodexo S.A. Total (in euros)289 |
| Sodexo S.A. | Sodexo S.A. Principal (in currency)800 |
Sodexo S.A. Currency EUR |
Sodexo S.A. Principal (in euros)800 |
Sodexo S.A. Type of interest rate Fixe |
Sodexo S.A. Rate 1.000% |
Sodexo S.A. Issuance date 04/27/2020 |
Sodexo S.A. Maturity date 04/27/2029 |
Sodexo S.A. Accrued interest (in euros)3 |
Sodexo S.A. Unamortized cost (5) |
Sodexo S.A. Total (in euros)798 |
| Sodexo S.A. | Sodexo S.A. Principal (in currency)500 |
Sodexo S.A. Currency EUR |
Sodexo S.A. Principal (in euros)500 |
Sodexo S.A. Type of interest rate Fixe |
Sodexo S.A. Rate 1.000% |
Sodexo S.A. Issuance date 07/17/2020 |
Sodexo S.A. Maturity date 07/17/2028 |
Sodexo S.A. Accrued interest (in euros)1 |
Sodexo S.A. Unamortized cost (1) |
Sodexo S.A. Total (in euros)500 |
| Sodexo, Inc. | Sodexo, Inc. Principal (in currency)328 |
Sodexo, Inc. Currency USD |
Sodexo, Inc. Principal (in euros)281 |
Sodexo, Inc. Type of interest rate Fixe |
Sodexo, Inc. Rate 1.634% |
Sodexo, Inc. Issuance date 04/16/2021 |
Sodexo, Inc. Maturity date 04/16/2026 |
Sodexo, Inc. Accrued interest (in euros)2 |
Sodexo, Inc. Unamortized cost — |
Sodexo, Inc. Total (in euros)283 |
| Sodexo, Inc.(1)(2) | Sodexo, Inc. (1)(2)Principal (in currency)720 |
Sodexo, Inc. (1)(2)Currency USD |
Sodexo, Inc. (1)(2)Principal (in euros)618 |
Sodexo, Inc. (1)(2)Type of interest rate Fixe |
Sodexo, Inc. (1)(2)Rate 2.718% |
Sodexo, Inc. (1)(2)Issuance date 04/16/2021 |
Sodexo, Inc. (1)(2)Maturity date 04/16/2031 |
Sodexo, Inc. (1)(2)Accrued interest (in euros)6 |
Sodexo, Inc. (1)(2)Unamortized cost — |
Sodexo, Inc. (1)(2)Total (in euros)624 |
| Sodexo, Inc. | Sodexo, Inc. Principal (in currency)500 |
Sodexo, Inc. Currency USD |
Sodexo, Inc. Principal (in euros)429 |
Sodexo, Inc. Type of interest rate Fixe |
Sodexo, Inc. Rate 5.800% |
Sodexo, Inc. Issuance date 05/27/2025 |
Sodexo, Inc. Maturity date 08/15/2035 |
Sodexo, Inc. Accrued interest (in euros)7 |
Sodexo, Inc. Unamortized cost 1 |
Sodexo, Inc. Total (in euros)437 |
| Sodexo, Inc. | Sodexo, Inc. Principal (in currency)600 |
Sodexo, Inc. Currency USD |
Sodexo, Inc. Principal (in euros)515 |
Sodexo, Inc. Type of interest rate Fixe |
Sodexo, Inc. Rate 5.150% |
Sodexo, Inc. Issuance date 05/27/2025 |
Sodexo, Inc. Maturity date 08/15/2030 |
Sodexo, Inc. Accrued interest (in euros)6 |
Sodexo, Inc. Unamortized cost (1) |
Sodexo, Inc. Total (in euros)520 |
| TOTAL | TOTALPrincipal (in currency)
|
TOTAL Currency
|
TOTALPrincipal (in euros)4,731 | TOTAL Type of interest rate
|
TOTAL Rate
|
TOTAL Issuance date
|
TOTAL Maturity date
|
TOTAL Accrued interest (in euros)31 |
TOTAL Unamortized cost (10) |
TOTAL Total (in euros)4,752 |
On April 27, 2025, Sodexo S.A. repaid a 700 million euro bond at maturity which was originally issued in April 2020, bearing an annual rate of 0.75%.
On May 27, 2025, Sodexo Inc. issued two new bonds: a 600 million U.S. dollar bond maturing on August 15, 2030 with a coupon of 5.15% and a 500 million U.S. dollar bond maturing on August 15, 2035 with a coupon of 5.80%. Concurrent to these bond issuances, Sodexo Inc. launched a tender offer to buy back any and all of their U.S. bonds that are due to mature on April 16, 2026 with a coupon of 1.634%. The tender offer resulted in a participation rate of 34.46%, with Sodexo Inc. using the proceeds of the new bond issuance to buy back 172 million U.S. dollars' worth of the 2026 bonds on May 28, 2025.
The coupon from bonds issued by Sodexo S.A. is payable each year on their anniversary date. The coupon from bonds issued by Sodexo Inc. in 2021 are payable twice a year on April 16 and October 16 and the coupons for the bonds issued in 2025 are payable twice a year on February 15 and August 15 with the first coupon due on February 15, 2026.
None of the bond issues include any financial covenants.
On July 18, 2011, Sodexo S.A. contracted a multi-currency credit facility for a maximum of 600 million euros 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 2024 with a new maturity date of July 30, 2029, with two options to extend the maturity by one year each, up to July 30, 2031. The first of these extension options was exercised this year taking the maturity up to July 30, 2030. There is now one overall facility limit of 1,750 million euros that can be drawn in euro, U.S dollars and pound Sterling. As part of the 2024 amendment, all three existing bilateral lines were cancelled and merged into this one credit facility.
The previous amendment also incorporated a sustainability clause that linked the credit facility cost to Sodexo’s ability to comply with its public commitment to reduce its food waste by 50% by 2025. This key performance indicator was measured in the current facility up to August 31, 2025. There is a rendezvous clause linked to ESG in the most recent amendment of the credit facility that is currently under negotiation with our banks. This will ensure that Sodexo continues to align its credit facility with its public ESG commitments for the remaining term of the facility.
Amounts drawn on this facility carry floating interest indexed to EURIBOR, SOFR and SONIA rates. This credit facility is not subject to any covenants.
No amounts had been drawn down on the facility as of either August 31, 2025 or as of August 31, 2024.
Borrowings under the Sodexo S.A. and Sodexo Finance commercial paper programs are nil as of August 31, 2025 and of August 31, 2024.
In order to comply with the Group’s financing policy, substantially all borrowings are long-term and at fixed interest rates.
As of August 31, 2025, 95% of the Group’s borrowings were at a fixed rate. The average rate of interest as of the same date was 2.7%.
As of August 31, 2024, 94% of the Group’s borrowings were at a fixed rate. The average rate of interest as of the same date was 1.8%.
The bond issues and borrowings from financial institutions described above include customary early redemption clauses. These clauses include cross-default and change-in-control clauses which apply to all of the borrowings.
