The debt values ​​include the IAS impact

Terna’s Debt Structure

Type

EIB Loans: 4,610
Bank Loans: 3,243
Terna SpA Bonds: 7,722
Consolidated Gross Debt: 15,575
Cash, Cash equivalents and Financial Assets: 2,575
Net Debt from continuing operations: 13,000

Gross Debt - Outstanding Debt View (calculated on M/L term debt at nominal value)

Terna Spa Bond & CP: 52%
EIB Loans: 30%
Bank Loans: 18%

Duration

Bank Loans: 4.7
Bond: 4.1
EIB Loans: 9.6
Total Terna Debt: 5.9

Gross Debt Mix

Fixed: 78%
Floating: 22%