EX-99.1 3 a2072001zex-99_1.txt EXHIBIT 99.1 Hexcel Corporation Exhibit 99.1 Aggregate Maturities of Indebtedness December 31, 2001 (1)
2002 2003 2004 2005 2006 Thereafter Total ------------------------------------------------------------------------ (In Thousands of US $) Senior Credit Facility Revolving Credit Facilities/Overdraft Facility 115,221 115,221 Term Loans 8,322 8,870 43,881 57,662 118,735 9.75% Senior Subordinated Notes Due 2009 (2) 340,000 340,000 7.0% Convertible Subordinated Notes Due 2003 46,935 46,935 7.0% Convertible Subordinated Debentures Due 2011 1,750 1,750 1,750 1,750 17,500 24,500 European Credit and Overdraft Facilities (3) 3,500 3,500 ------------------------------------------------------------------------ Subtotal 11,822 57,555 160,852 59,412 1,750 357,500 648,891 Capital Lease Obligations 5,614 6,043 6,498 6,990 10,659 2,627 38,431 ------------------------------------------------------------------------ Total 17,436 63,598 167,350 66,402 12,409 360,127 687,322 ------------------------------------------------------------------------
(1) This amortization schedule presents, in summary form, the principal amount of our indebtedness, including capital lease obligations, due each year through 2006 and in the aggregate after 2006. It does not include intercompany debt, trade payables or accrued liabilities such as accrued compensation and benefits. This schedule has been presented to provide information regarding required principal payments of our indebtedness that we believe will be helpful to investors and financial analysts to assess our financial condition. This amortization schedule should not be considered in isolation, or as a substitute for information in our financial statements and related disclosures which appear in our periodic reports filed with the Securities and Exchange Commission. The information in this amortization schedule is current as of December 31, 2001. We do not undertake a duty to update this information except as required by law. (2) On June 29, 2001, we issued $100.0 million principal amount of additional senior subordinated notes at a price of 98.5%. At December 31, 2001, the unamortized discount was approximately $1.4 million. (3) Limited credit and overdraft facilities provided to certain of our European subsidiaries by lenders outside our senior credit facility. These credit and overdraft facilities are primarily uncommitted facilities that are terminable at the discretion of the lenders.