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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 Facilities

Debt Funding Sources

Carlsberg Group’s main funding sources are committed bank facilities 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 2,510m committed revolving credit facility, due Feb. 2021.
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Rating

Ratings by Fitch

 

Rating

Outlook

Date

LT issuer rating (IDR)* BBB+ Stable 29-06-2018
LT issuer rating (IDR BBB- Stable 23-01-2006
ST issuer rating (IDR) F3 Stable 23-01-2006

* current rating

Ratings by Moody's

 

Rating

Outlook

Date

Issuer rating* Baa2 Stable 16-11-2016
Issuer rating Baa2 Stable 23-02-2011
Issuer rating Baa3 Stable 23-01-2006

* current rating

Downloads

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Maturity Profile

Committed credit facilities end of June 2017.