Credit ratings
| Standard & Poor's | Moody's | ||||||
|---|---|---|---|---|---|---|---|
| Long term | Perspective | Short term | Latest publication | Long term | Perspective | Short term | Latest publication |
| VINCI | |||||||
| A - | Stable | A - 2 | 20/10/2020 | A3 | Stable | P -1 | 05/06/2020 |
| A - | Stable | A - 2 | 17/04/2020 | A3 | Stable | P -1 | 26/05/2016 |
| A - | Positive | A - 2 | 27/03/2018 | Baa1 | P -2 | 05/06/2002 | |
| A - | Stable | A - 2 | 31/03/2014 | ||||
| BBB + | A - 2 | 05/04/2002 | |||||
| ASF | |||||||
| A - | Stable | A - 2 | 17/04/2020 | A3 | Stable | P -1 | 05/06/2020 |
| A - | Positive | A - 2 | 27/03/2018 | A3 | Stable | P -1 | 26/05/2016 |
| A - | Stable | A - 2 | 31/03/2014 | Baa1 | P -2 | 22/06/2007 | |
| BBB + | A - 2 | 14/12/2005 | |||||
| A + | A - 1 | 01/04/2003 | |||||
| AA - | A - 1+ | 26/02/2002 | |||||
| Cofiroute | |||||||
| A - | Stable | A - 2 | 17/04/2020 | ||||
| A - | Positive | A - 2 | 27/03/2018 | ||||
| A - | Stable | A - 2 | 30/03/2016 | ||||
| BBB + | A - 2 | 01/03/2007 | |||||
| A - | A - 2 | 06/03/2006 | |||||
| A | A - 1 | 26/04/2005 | |||||
| A + | A - 1 | 01/04/2003 | |||||
| AA - | A - 1+ | 16/10/2000 | |||||
| AA | A - 1+ | 12/06/1996 | |||||
Group bond issues
| ISIN code | Type placement | Coupon | Nominal (in Ccy bn) | Currency | Maturity |
|---|---|---|---|---|---|
| Issuer VINCI | |||||
| FR0012315570 | Private | E3M1 +0.60% | 250 | EUR | 2021 |
| CH0146839870 | Public | 3.00% | 100 | CHF | 2022 |
| FR0013237856 | Public | 0.37% | 725 | USD | 2022 |
| FR0013222775 | Private | 2.89% | 70 | USD | 2023 |
| FR0013367620 | Private | 1.00% | 750 | EUR | 2025 | FR0013409166 | Public | 2.25% | 400 | GBP | 2027 |
| FR0013369840 | Private | 3.97% | 70 | USD | 2028 |
| FR0014000PF1 | Private | 0.00% | 500 | EUR | 2028 |
| FR0013397452 | Private | 1.63% | 950 | EUR | 2029 |
| FR0013367638 | Private | 1.75% | 1,100 | EUR | 2030 | US927320AA96 | Private | 3.75% | 1,000 | USD | 2029 |
| FR0013384005 | Private | 2.02% | 120 | EUR | 2034 |
| FR0013409174 | Public | 2.75% | 400 | GBP | 2034 |
| FR0013407521 | Private | Indexation CMS20Y et CMS2Y2.3 | 75 | EUR | 2039 |
| Issuer ASF | |||||
| FR0010491720 | Public | 5.63% | 1,575 | EUR | 2022 |
| FR0011394907 | Public | 2.88% | 700 | EUR | 2023 |
| FR0011273440 | Private | CMS10Y2.3 | 50 | EUR | 2023 |
| FR0011694033 | Public | 2.95% | 600 | EUR | 2024 |
| FR0011276906 | Private | 3.58% | 50 | EUR | 2024 |
| FR0011430982 | Private | 3.13% | 100 | EUR | 2025 |
| FR0013251170 | Public | 1.13% | 500 | EUR | 2026 |
| FR0013169885 | Public | 1.00% | 500 | EUR | 2026 |
| FR0013231099 | Public | 1.25% | 1,000 | EUR | 2027 |
| FR0011472034 | Private | 3.07% | 130 | EUR | 2028 |
| FR0013346137 | Public | 1.38% | 700 | EUR | 2028 |
| FR0011637750 | Private | 3.34% | 181 | EUR | 2028 |
| FR0011788868 | Private | Years 1 to 7: 3.10% then years 8 to 15: CMS20Y2,3 | 45 | EUR | 2029 |
| FR0011791623 | Private | Years 1 to 3: 3.50% then years 4 to 15: CMS10Y + 0,90%2,3 | 75 | EUR | 2029 |
| FR0013310455 | Public | 1.38% | 1,000 | EUR | 2030 |
| FR0013404571 | Public | 1.38% | 1,000 | EUR | 2031 |
| Issuer Cofiroute | |||||
| FR0010327007 | Public | 5.00% | 1,100 | EUR | 2021 |
| FR0013201126 | Public | 0.38% | 650 | EUR | 2025 |
| FR0013286788 | Public | 1.13% | 750 | EUR | 2027 |
| FR0013201134 | Public | 0.75% | 650 | EUR | 2028 |
1E3M = Euribor 3 Months
2CMS = Constant Maturity Swap
3capped et floored coupon (please refer to relevant Final Terms)
Liquidity
Liquidity at 31 December 2020
€19.2 billion
of which:
available cash: €10.0 bn
commercial paper: €1.2 bn
confirmed, unused bank facilities: €8.0 bn
Change in net financial debt
Net financial debt at 31 December 2020: €17,989 million
Maturity of gross financial debt
Average maturity of gross financial debt at 31 December 2020: 7.7 years
of which Concessions : 7.9 years
Average cost of gross financial debt
| 12-2013 | 12-2014 | 12-2015 | 12-2016 | 12/2017 | 12/2018 | 12/2019 | 12/2020 |
| 3.7% | 3.7% | 3.5% | 3.2% | 2.7% | 2.3% | 2,4% | 2.3% |