Our Group Our commitments Shareholders and Investors Talents Media FR EN Home Shareholders and Investors Debtholders Debtholders Getlink SE Green Bonds Green Bonds – October 2020 GETLINK SE: Pricing of additional senior secured “green” notes due 2025 – Press release published on 26 October 2021 at 4:30 p.m. GETLINK SE: Issue of additional senior secured “green” notes due 2025 (Inside information) – Press release published on 25 October 2021 at 7:15 a.m. Getlink Green Finance Framework – October 2021 Green Bond Proceeds Allocation Report – October 2021 Getlink: Success of the Group’s Green Bonds refinancing (inside information) – Press release published on 22 October 2020 at 02:30 p.m. GETLINK SE: Issue of senior secured “green” notes – Refinancing of the senior secured “green” notes due 2023 – Press release published on 20 October 2020 at 07:15 a.m. Getlink Green Finance Framework DNV GL Eligibility Assessment – Second Party Opinion Green Bonds – September 2018 Green Bond Proceeds Allocation Report – March 2020 Getlink successfully prices its first issue of Green Bonds – Press release published on 26 September 2018 at 5:30 p.m. Getlink’s first issue of Green Bonds – Press release published on 24 September 2018 at 07:00 a.m. Green Bond Framework DNV GL Eligibility assessment Eurotunnel debt Description – Eurotunnel Term Loan In April 2018, the corporate reorganisation of the Group lead to the creation of a separate “Eurotunnel” sub-group for the operation of the Fixed Link distinct from the Group’s other business sectors. This involved the transfer of the two Concessionaires companies (FM SA and CTG Ltd) to Eurotunnel Holding SAS, which became the new holding company for the sub-group and replaced Getlink SE as guarantor in respect of the Term Loan. The Term Loan put in place on 28 June 2007, as modified on 24 December 2015, 6 June 2017 and 13 April 2018, comprises the following elements at 31 December 2020: Currency Nominal amount in currency Nominal amount in €* Rate Effective interest rate Contractual interest rate Maturity Million Tranche A1 Tranche A2 Tranche A3 £ £ £ 278 139 278 309 155 309 Fixed rate linked to the UK All Items Retail Price Index published by the United Kingdom Office for National Statistics. 6.97% 6.75% 6.89% 2.89% 2.89% 3.49% June 2018 - June 2042 Tranche A4 Tranche A5 Tranche A6 € € € 67 135 135 67 135 135 Fixed rate linked to the indice des prix à la consommation hors tabac published by the French Institut National de la Statistique et des Études Économiques. 5.13% 5.13% 5.27% 3.38% 3.38% 3.98% June 2018 - June 2041 Tranche B1 Tranche B2 £ € 323 517 359 517 Fixed rate Fixed rate 6.77% 6.33% 6.63% 6.18% June 2013 - June 2046 June 2013 - June 2041 Tranche C1a ** Tranche C1b £ £ 350 337 390 374 Fixed rate to June 2029 then variable rate (LIBOR +5.78% including a contractual margin of 1.78% with an additional margin of 4%) covered by a fixed-rate swap of 5.26%. Fixed rate 3.14% 3.90% 3.04% 3.85% June 2046 - June 2050 Tranche C2a ** Tranche C2b ** Tranche C2c Tranche C2d € € € € 425 528 83 140 425 528 83 140 Fixed rate to June 2022 then variable rate (EURIBOR +5.55% including a contractual margin of 1.55% with an additional margin of 4%) covered by a fixed-rate swap of 4,90%. Fixed rate to June 2027 then variable rate (EURIBOR +5.90% including a contractual margin of 1.90% with an additional margin of 4%) covered by a fixed-rate swap of 4,90%. Fixed rate Fixed rate 2.01% 2.80% 3.79% 3.79% 1.76% 2.71% 3.75% 3.75% June 2041 - June 2050 TOTAL 3,926 4.75% * Nominal amount excluding impact of effective interest rate and inflation indexation and at the exchange rate at 31 December 2020 (£1=€1.112). ** The contractual interest rates for C1a, C2a and C2b are respectively LIBOR +5.78% from June 2029, EURIBOR +5.55% from June 2022 and EURIBOR +5.90% from June 2027. From these dates, the effective interest rates for C1a, C2a and C2b with hedging are respectively 6.95%, 9.32% and 7.28%. For more information, see note G in section 2.2.1 of the 2020 Universal Registration Document. Lender: Channel Link Enterprises Finance Plc (CLEF), a debt securitisation vehicle created by the original lenders in August 2007 Eurotunnel Holding SAS – Documentation Documents Press releases Receive the news from the Group SUBSCRIBE NOW! Follow us Group's websites Le Shuttle Cars and coaches Le Shuttle Freight Truck Shuttles Europorte Rail freight ElecLink Electrical interconnector CIFFCO Railway training Samphire Hoe Nature reserve Legal Information Cookies Policy Sitemap Cookies © Getlink 2021 Getlink uses essential cookies to make its website work and would like to use statistics cookies only to optimise the performance and functionalities of its website and measure traffic. You consent to our cookies if you click on ‘Allow all cookies’. To set up cookies, turn them on or off. For more information, click on Cookies policy and the privacy notice for Getlink website. ALLOW ALL COOKIES DENY ALL COOKIES MANAGE COOKIES