FINANCIAL PROFILE

In this section you will find information on Iren Group’s financial profile,

with particular reference to debt, credit rating, bond issues and Balance Sheet.

DEBT

Main information on Iren Group’s gross financial debt. Data updated to 3Q 2021.

DEBT STRUCTURE

Average cost of debt 1.7%
Average long-term debt maturity of 5.7 years

INTEREST RATE

More information Debt Structure

More information Key Debt Ratios

CREDIT RATING

On 9 December, the rating agency Standard & Poor's assigned for the first time to Iren Group the long-term credit rating at "BBB-" with a "Positive" outlook. The same rating is also assigned to the senior unsecured debt.

On 22 December 2021 Fitch Rating Agency confirmed its BBB rating on IREN Group, with stable outlook

Agency

Medium/Long term

Outlook

Report

Fitch

BBB

Stable

view

S&P BBB- Positive view

Last update 09/12/2021

 

BONDS AND EMTN PROGRAM

On 9 December 2020 the EMTN programme (Euro Medium Term Note) Fitch rating BBB, was renewed leaving the total amount unchanged at 4 billion as resolved by the Board of Directors on 28 November 2019.

On September 24, 2021 Iren issued a Supplement to the Base Prospectus.

 

More information EMTN Program

More information Bond Issues

 

 

BALANCE SHEET

Main information on Iren Group’s Balance Sheet

 

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