Debt Investor
Financial Policy
Centralised funding and risk management at the level of Carlsberg Breweries A/S
- Diversified sources of funding and smooth maturity profile
- Risk perception is to actively manage exposures
- Ample capital resources available at all times
- Committed to retaining investment grade credit rating
Debt Investor Shortcuts
Debt Facilities
Debt Funding Sources
Carlsberg Group’s main funding sources are committed bank facilities, Euro commercial papers and bond financing. The issues are either made under stand alone documentation or issued as part of a programme.
The Main Committed Bank Facility of the Group
Carlsberg Breweries A/S:
- EUR 2,000m committed revolving credit facility, due June 2026.
Ratings
Ratings by Fitch
Rating |
Outlook |
Date |
|
| ST issuer rating (IDR)* | F1 | Stable | 22-05-2019 |
| LT issuer rating (IDR)* | BBB+ | Negative | 10-07-2024 |
* current rating
Ratings by Moody's
Rating |
Outlook |
Date |
|
| ST issuer rating* | P2 | Stable | 28-03-2019 |
| LT issuer rating* | Baa1 | Stable | 25-03-2024 |
* current rating
Bond Maturity Profile
Central & Eastern Europe and India
-
Azerbaijan
-
Belarus
-
Bulgaria
-
Croatia
-
Estonia
-
Greece
-
Hungary
-
India
-
Italy
-
Kazakhstan
-
Latvia
-
Lithuania
-
Serbia
-
Ukraine