sub :~,sr match the cash f,ows of interest pa—- - - - -z.
NLG 53000°l^5285Tlrld:dTTh10;rr Heij" BV' Ahold. Matures December 19, 2007.
NLG o i o mTC' 7TT 00 thiS l03n are dUS "Ve eqUa' inSta"mentS °f NLG 20 miMi0n thro^h 2004.
indebtedness of Stop Jü,y 20°2' boated to a„ senior
USD 11 n q 'SSU MatUreS May 15' 20°3- °f thiS bond USD 65 mln is held bV Ahold België.
shea da,ei exis,,"g cap,,aM iease --
Subordinated loans
Redemption of the loan is subordinated to the claims of all existing and future creditors.
Sub (a) repayment on January 11, 2000
lIjdeNnT^ tT 0f 5'875% Subordinated 8uilder bonds was used to defease in substance the 7.625% subordinated
g der ioans. The cash proceeds are held m escrow with a bank to be used when the bonds mature in 2000. In addition the company
Sub (c) repayment on December 19, 2005.
Sub (d) repayment on September 30, 2003 latest.
Holders of the convertible subordinated notes have the right to convert the notes into common shares of Royal Ahold during the entire
term. Royal Ahold has the right to convert the convertible notes into common shares as of September 30, 2001.
Other loans
NLG 100 m 7700/ loan P i by R°ya' Ah°ld' MatUreS November 28, 2006.
inlvj /u mm /.ZO/o loan. Matures in September 2003.
USD 500 mln 687^'T 'ÏT USA ^eeC by Royal Ahold. Matures May 1, 2009.
USD 250 mln 9 7,1 'SSUed Ah°'d USA lnC" gUaranteed Ahold- Matures May 1, 2029
USD 39 mln 6.11% loan issued by Ahold USA, guaranteed by Royal Ahold. Matures June 30, 2003.
USD 50 mln 6.23% issued by Ahold USA, guaranteed by Royal Ahold. Matures June 30 2006
USD loZln'ZTh T 70HbK nSU6d by T°PS m 3 PriVate PlaC6ment' §uaranteed hy R°Val Ahold. Matures March 15, 2002.
USD 250 mln 9.875 A bond issued by Disco. Matures May 15, 2008. Of this bond USD 100 mln is held by Ahold België.
Credit facilities
1996' Ah°'d entered int° 3 7 year USD 1 billi0n ^"'"Currency Revolving Credit Facility, bearing an interest rate of
dnlied th h T?' The '°an agre6ment C°ntainS reStnCtiVe C°VenantS t0 maintain certain financial rab°s- AH covenants were
bv Credit FarTtTh MarCh 18' 1998' Ah°ld entered into a four"year USD 500 million Multi-currency Revolving Stand-
Credit F i t'/h 6 SrmS an C°ndltl0nS °f thlS facillty are identical to the company's existing USD 1 billion Multi-currency Revolving
u de USD 1 bill oenPMC|t Ah°'d FinanCe USA in May 19" t0 r6pay m ful1 the outstanding amount
USD 1 bill,on Multi-currency Revolving Credit Facility. The facility was then used for other corporate activities.
Capitalized lease commitments
At the time of entering into capitalised lease agreements, the commitments are recorded at present value using the interest rate aoolicable
Commitments
Current portion
1999
1,145,395
(62,092)
1998
878,015
(50,672)
Long term portion of capitalized lease commitments
1,083,303
827,343
Commitments payable after 5 years
853,091
638,907
Royal Ahold Annual Report 1999
