Credit Profile

Corporate Debt as of March 31, 2021.

US $ in millions1MaturityAmounts2
Credit Facilities(Revolving CF)3
(Other facilities)4
2023
2021/2025

31.5
2019 NIFA5(€ denominated)2025331.9
Green Exchangeable Bond62025102.7
Green Senior
Secured Notes7
(€ denominated)2026338.4
2020 NIFA8(€ denominated)2027160.9
Total965.3

(1) Exchange rates as of March 31, 2021 (EUR/USD = 1.1774).
(2) Amounts include principal amounts outstanding, unless stated otherwise.
(3) RCF’s maturity was extended to December 31, 2023 on March 1, 2021. As of March 31, 2021, letters of credit with face value in an amount equal to $10 million were outstanding and $440 million were available under the RCF. Total new RCF limit of $450 million.
(4) Other facilities include the commercial paper program, accrued interest payable and other debts.

(5) 2019 NIFA refers to the senior unsecured note facility dated April 30, 2019, of €268 million.
(6) Senior unsecured notes dated July 17, 2020, exchangeable into ordinary shares of Atlantica, cash, or a combination of both, at Atlantica´s election.
(7) Senior secured notes dated April 1, 2020, of €290 million.
(8) 2020 NIFA refers to the senior unsecured note facility dated July 8, 2020, of €140 million.

Credit Ratings

Credit ratings and outlooks are opinions subject to ongoing review by the rating agencies and may change from time to time based on Atlantica Sustainable Infrastructure’s financial performance, industry dynamics, and other factors.

AgencyRatingOutlookLast Review
Standard & Poor’sBB+StableApril 16, 2021
Fitch RatingsBB+StableMarch 31, 2021