94
2013
Annual Report
30
Details of bank loans at 31 December 2012 are as follows:
EIB loan 1999 Loan 2007
Loan 2009
Bilateral
loan 2009
Bilateral
loan 2010 Loan 2012
Thousands
of Euros
Entity
European
Investment Bank
5 banks,
including
Kutxabank
9 banks,
including
Kutxabank
Banco
Santander
Banesto Kutxabank
-
Contract date
17/12/1999 25/07/2007
30/06/2009 30/09/2009 18/12/2009 19/12/2012
-
Amount (in thousands of Euros)
120,000
150,000
130,000
4,000
5,000
130,000
-
Term
15 years
8.5 years
5 years
5 years
5 years
8 years
-
Grace period
5 years
6 years
2 years
2 years
2 years
4 years
-
Repayment
10 equalyearly
instalments as of
15/12/2005
6 equalhalf-
yearly
instalments
as of
25/07/2013
6 equalhalf-
yearly
instalments as of
30/12/2011
6 equalhalf-
yearly
instalments
as of
30/12/2011
6 equalhalf-
yearly
instalments
as of
30/12/2011
8 half-yearly
instalments
as of
30/12/2016
-
Guarantees
Guarantee
syndicated by 9
banks, including
Kutxabank
-
-
-
-
-
-
Maturity date
15/12/2014 25/01/2016
30/06/2014 30/06/2014 30/06/2014 30/06/2020
-
Interest rate
Variable at each
payment
Variable
pegged to
Euribor
Variable pegged
to Euribor
Variable
pegged to
Euribor
Variable
pegged to
Euribor
Variable
pegged to
Euribor
-
Average interest 2011
1.45% 3.72%
2.95% 2.94% 2.94%
n/a
-
Average interest 2012
0.85% 2.93%
2.18%
2.14% 2.18%
n/a
-
Outstanding principal due
24,000
150,000
65,000
2,000
2,500 130,000
373,500
Current
12,000
25,000
43,333
1,333
1,666
-
83,332
Non-current
12,000
125,000
21,667
667
834
130,000
290,168
