Lines of credit

Current cash and lines of credit, in addition to the resources generated by the operating and financing activities, are deemed more than sufficient to meet future financial needs.

Hera's debt is not subject to any "covenant", and the Group also has extensive lines of credit:

In particular, at 30 September 2019, the Group had unused "committed" lines of credit amounting to approximately 300 million euro, long-term lines of credit, stipulated in December 2018.

Page updated 13 November 2019