Debt Investors: Debt Investors
The Euro Medium Term Note programme enables Royal Schiphol Group to borrow funds for longer periods.
About the Euro Commercial Paper programme.
Multiple facility agreements were signed with respectively the European Investment Bank and KfW IPEX-Bank in relation to various capital projects at Amsterdam Airport Schiphol.
Royal Schiphol Group has two facility agreements with the European Investment Bank for a total of EUR 550 million, which have now been drawn in full (and which have since been partly repaid). These facilities are repaid in the years up to 2031. In addition, Schiphol Group entered into a new agreement with the European Investment Bank in for a total facility of EUR 350 million to finance the development of the new pier and terminal. As per 31 december 2019 EUR 80 million has been drawn under this facility.
Schiphol Group also has an agreement with KfW IPEX-Bank for a facility of EUR 100 million until 2024, which is fully drawn. A second facility for an amount of EUR 95 million with KfW IPEX-Bank was entered into in 2019, which was not drawn as per 31 December 2019.
Furthermore, Schiphol Group entered into a Namensschuldverschreibung for an amount of EUR 25 million which matures in 2023.
Current Credit Rating
Long term rating
Standard & Poor's: A with outlook negative
Moody's: A1 negative outlook
Short term rating
Standard & Poor's: A-1