Ga naar het hoofdmenu Ga naar de inhoud
  1. Home
  2. Corporate
  3. Investment
  4. Debt

Debt investors

Funding profile

Over the last years, Vesteda has significantly transformed its funding profile to a well-diversified fully unsecured funding structure, consisting of a combination of bank debt, private placements and public bonds.

Vesteda Investor Presentation April 2020

Standard & Poor's rating

The unsecured debt profile allows Vesteda to secure debt funding through various debt markets at any point in time. Vesteda has an investment grade rating of "BBB+" from Standard & Poor's.

 

BBB+

Stable/A-2

Financing strategy

Our financing strategy is substantiated by seven funding targets:

  1. Leverage of ≤ 30%
  2. Total fixed-rate and hedged floating rate exposure of ≥ 70%
  3. Weighted average maturity of > four years
  4. Diversified funding profile, with ≥ three funding sources of at least 10% individually
  5. Sufficient liquidity headroom to refinance short-term debt (including maturing bonds and private placements), finance committed pipeline, and to accommodate redemption requests (Redemption Available Cash) according to the terms and conditions
  6. Well-balanced maturity calendar with < 35% maturing in a single year
  7. Asset encumbrance of < 15%

Facts and figures

Below you will find the key figures of our portfolio as at 31 December 2019.

Investments

Take a look at the financial opportunities.

 

Contact us

For questions, please contact our Treasury department.