Debt & Bonds
Here is the information related to Capgemini's debt & bonds.

Financing policy

Capgemini’s financing policy is intended to provide the Group with adequate financial flexibility and is based on the following main criteria:

  • a moderate use of debt leveraging;
  • diversified financing sources adapted to the Group’s financial profile:
    • bank financing (mainly a €1.0 billion multi-currency syndicated credit facility undrawn at June 31, 2021);
    • market financing via bond issues with a large investor base (see further below);
  • a good level of liquidity and sustainable financial resources.

Net debt

Net debt as at June 30, 2021 is as follows:

(in millions of euros) 30/06/2021
Cash and cash equivalents 2,607
Cash management assets 322
Bonds* -7,676
Other debts -78
Derivative instruments

Net debt -4,826
* at amortized cost, including accrued interest.

Financial rating

The credit rating attributed by the rating agency Standard & Poor’s as at October 7, 2020, was BBB, with stable outlook.

Bonds

Outstanding bonds issued by the Group are:

ISIN Bond issue
(settlement)
Maturity Amount (nominal) Coupon
(nominal rate)
FR0012821940 01/07/2015 01/07/2023 1,000 2.500%
FR0013327962 18/04/2018 18/10/2024 600 1.000%
FR0013327988 18/04/2018 18/04/2028 500 1.750%
FR0013507837 15/04/2020 15/04/2022 500 1.250%
FR0013507852 15/04/2020 15/04/2026 800 1.625%
FR0013507860 15/04/2020 15/04/2029 1,000 2.000%
FR0013507878 15/04/2020 15/04/2032 1,200 2.375%
FR0013519048 23/06/2020 23/06/2025 800 0.625%
FR0013519071 23/06/2020 23/06/2030 800 1.125%