12. Financial liabilities
Audited informationin CHF |
|
Interest rate |
|
Term |
|
Amount 31.12.2020 |
|
Amount 31.12.2019 |
|---|---|---|---|---|---|---|---|---|
Non-current interest bearing liabilities to third parties |
|
|
|
|
|
|
|
|
Certificate of indebtedness |
|
mixed |
|
2015-2020 |
|
— |
|
162 679 500 |
Certificate of indebtedness |
|
1.012 |
|
2016-2020 |
|
— |
|
171 727 450 |
Certificate of indebtedness |
|
6m EURIBOR+1.05 |
|
2016-2020 |
|
— |
|
60 900 150 |
Certificate of indebtedness |
|
0.779 |
|
2016-2021 |
|
60 128 700 |
|
60 191 415 |
Certificate of indebtedness |
|
3m LIBOR +1.5 |
|
2016-2021 |
|
161 498 080 |
|
161 498 080 |
Certificate of indebtedness |
|
2.618 |
|
2016-2021 |
|
107 503 240 |
|
107 503 240 |
Straight bond |
|
3.500 |
|
2012-2022 |
|
175 000 000 |
|
175 000 000 |
Certificate of indebtedness |
|
mixed |
|
2020-2022 |
|
123 706 945 |
|
— |
Certificate of indebtedness |
|
3m LIBOR+1.5 |
|
2020-2022 |
|
37 500 000 |
|
— |
Certificate of indebtedness |
|
mixed |
|
2015-2023 |
|
162 061 500 |
|
162 679 500 |
Certificate of indebtedness |
|
6m EURIBOR+1.1 |
|
2016-2023 |
|
14 084 200 |
|
14 098 890 |
Certificate of indebtedness |
|
1.137 |
|
2016-2023 |
|
28 710 100 |
|
28 740 045 |
Certificate of indebtedness |
|
1.501 |
|
2016-2023 |
|
80 651 550 |
|
80 651 550 |
Straight bond |
|
2.125 |
|
2014-2024 |
|
160 000 000 |
|
160 000 000 |
Certificate of indebtedness |
|
1.194 |
|
2018-2024 |
|
103 868 000 |
|
103 868 000 |
Certificate of indebtedness |
|
1.548 |
|
2018-2025 |
|
115 722 500 |
|
115 722 500 |
Certificate of indebtedness |
|
6m EURIBOR +0.95 |
|
2018-2025 |
|
60 401 500 |
|
60 401 500 |
Certificate of indebtedness |
|
6m EURIBOR+1.9 |
|
2020-2025 |
|
89 674 030 |
|
— |
Certificate of indebtedness |
|
3m EURIBOR+1.80 |
|
2020-2025 |
|
25 000 000 |
|
— |
Certificate of indebtedness |
|
2.010 |
|
2016-2026 |
|
15 910 850 |
|
15 910 850 |
Straight bond |
|
1.125 |
|
2019-2026 |
|
200 000 000 |
|
200 000 000 |
Certificate of indebtedness |
|
2.087 |
|
2018-2028 |
|
19 193 000 |
|
19 193 000 |
Total straight bonds and certificates of indebtedness |
|
|
|
|
|
1 740 614 195 |
|
1 860 765 670 |
Other non-current interest-bearing liabilities to banks and other financial institutions |
|
|
|
|
|
5 553 922 |
|
5 899 210 |
Total interest bearing liabilities |
|
|
|
|
|
1 746 168 117 |
|
1 866 664 880 |
Less: Other current interest bearing liabilities |
|
|
|
|
|
–329 130 020 |
|
–395 307 100 |
Total non-current interest bearing liabilities to third parties |
|
|
|
|
|
1 417 038 097 |
|
1 471 357 780 |
|
|
|
|
|
|
|
|
|
Total non-current interest bearing liabilities |
|
|
|
|
|
1 417 038 097 |
|
1 471 357 780 |
|
|
|
|
|
|
|
|
|
Breakdown by maturity |
|
|
|
|
|
|
|
|
one to five years |
|
|
|
|
|
1 181 934 247 |
|
1 056 169 145 |
more than five years |
|
|
|
|
|
235 103 850 |
|
415 188 635 |
Total non-current interest bearing liabilities |
|
|
|
|
|
1 417 038 097 |
|
1 471 357 780 |
On 22 May 2020 Clariant issued five certificates of indebtedness with the total amount of EUR 197.5 million and CHF 62.5 million. These certificates have terms of 2 years expiring on 23 May 2022 (EUR 114.5 million and CHF 37.5 million) and 5 years expiring on 22 May 2025 (EUR 83 million and CHF 25 million). While a tranche of CHF 62.5 million has a variable interest of 3 months CHF-LIBOR plus spread that ranges between 1.50% and 1.80% and a tranche in the amount of EUR 110.5 million has a variable interest rate of 6 months EURIBOR plus spread that range between 1.45% and 1.90%, the fixed interest rate is 1.45% for a tranche in the amount of EUR 87 million.
On 15 April 2019 new bonds in the amount of CHF 200 million were launched with a term of 7 years and a fixed interest rate of 1.125% p.a.