| Summary of Long-term Bank and Other Borrowings |
Long-term bank and other borrowings consist of the following (in thousands):
|
|
|
|
|
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|
Interest Nominal Rate
|
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|
|
|
As of
September 30,
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As of
December 31,
|
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|
|
|
Interest Contractual Rate
|
|
|
As of
September 30,
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|
As of
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Maturity
|
|
as of September 30, 2021
|
|
|
2021
|
|
|
2020
|
|
|
UniCredit S.p.A.
(Line A Tranche 1)
|
|
$
|
2,720
|
|
|
$
|
3,235
|
|
|
July 2023
|
|
Euribor 3 months + 3.10%
|
|
|
|
2.80
|
%
|
|
|
2.80
|
%
|
|
UniCredit S.p.A.
(Line A Tranche 2)
|
|
|
130
|
|
|
|
153
|
|
|
November 2023
|
|
Euribor 3 months + 3.10%
|
|
|
|
2.80
|
%
|
|
|
2.80
|
%
|
|
UniCredit S.p.A. (Line B)
|
|
|
2,626
|
|
|
|
3,030
|
|
|
May 2024
|
|
Euribor 3 months + 2.90%
|
|
|
|
2.60
|
%
|
|
|
2.60
|
%
|
|
UniCredit S.p.A. (Line C)
|
|
|
2,130
|
|
|
|
2,521
|
|
|
August 2023
|
|
Euribor 3 months + 3.90%
|
|
|
|
3.36
|
%
|
|
|
3.36
|
%
|
|
Intesa Sanpaolo S.p.A.
(Line 1)
|
|
|
443
|
|
|
|
931
|
|
|
April 2022
|
|
Euribor 3 months + 2.30%
|
|
|
|
1.76
|
%
|
|
|
1.26
|
%
|
|
Intesa Sanpaolo S.p.A.
(Line 2)
|
|
|
3,218
|
|
|
|
4,292
|
|
|
April 2024
|
|
Euribor 3 months + 3.10%
|
|
|
|
2.56
|
%
|
|
|
2.06
|
%
|
|
Intesa Sanpaolo S.p.A.
(Line 3)
|
|
|
9,156
|
|
|
|
9,688
|
|
|
June 2026
|
|
Euribor 3 months + 2.15%
|
|
|
|
1.61
|
%
|
|
|
1.11
|
%
|
|
Intesa Sanpaolo S.p.A.
(Line 4)
|
|
|
6,366
|
|
|
|
6,734
|
|
|
July 2026
|
|
Euribor 3 months + 2.20%
|
|
|
|
1.66
|
%
|
|
|
1.16
|
%
|
|
UBI Banca S.p.A. (Line 1)
|
|
|
—
|
|
|
|
209
|
|
|
August 2021
|
|
Euribor 3 months + 1.25%
|
|
|
|
1.25
|
%
|
|
|
1.25
|
%
|
|
UBI Banca S.p.A. (Line 2)
|
|
|
98
|
|
|
|
1,031
|
|
|
October 2021
|
|
Euribor 3 months +1.95%
|
|
|
|
1.41
|
%
|
|
|
1.41
|
%
|
|
Monte dei Paschi di
Siena S.p.A. (Line 1)
|
|
|
136
|
|
|
|
328
|
|
|
April 2022
|
|
|
0.95
|
%
|
|
|
0.95
|
%
|
|
|
0.95
|
%
|
|
Monte dei Paschi di
Siena S.p.A. (Line 2)
|
|
|
1,542
|
|
|
|
2,037
|
|
|
June 2023
|
|
|
1.50
|
%
|
|
|
1.50
|
%
|
|
|
1.50
|
%
|
|
Banco BPM S.p.A. (Line 1)
|
|
|
705
|
|
|
|
1,056
|
|
|
June 2023
|
|
Euribor 3 months + 2.00%
|
|
|
|
2.00
|
%
|
|
|
2.00
|
%
|
|
Banco BPM S.p.A. (Line 3)
|
|
|
5,572
|
|
|
|
6,355
|
|
|
September 2024
|
|
Euribor 3 months + 3.00%
|
|
|
|
2.46
|
%
|
|
|
2.46
|
%
|
|
Simest 1
|
|
|
242
|
|
|
|
307
|
|
|
December 2023
|
|
|
0.50
|
%
|
|
|
0.50
|
%
|
|
|
0.50
|
%
|
|
Simest 2
|
|
|
240
|
|
|
|
305
|
|
|
December 2023
|
|
|
0.50
|
%
|
|
|
0.50
|
%
|
|
|
0.50
|
%
|
|
Simest 3
|
|
|
441
|
|
|
|
560
|
|
|
December 2023
|
|
|
0.50
|
%
|
|
|
0.50
|
%
|
|
|
0.50
|
%
|
|
Simest 4
|
|
|
1,245
|
|
|
|
—
|
|
|
April 2027
|
|
|
0.50
|
%
|
|
|
0.50
|
%
|
|
|
—
|
|
|
Banco Popolare Società Cooperativa
|
|
|
19
|
|
|
|
—
|
|
|
December 2021
|
|
Euribor 3 months + 1.85%
|
|
|
|
1.85
|
%
|
|
|
—
|
|
|
Total bank and other borrowings
|
|
|
37,029
|
|
|
|
42,772
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less: current portion
|
|
|
10,455
|
|
|
|
10,798
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total long-term portion
|
|
$
|
26,574
|
|
|
$
|
31,974
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of Payments Obliged |
As of September 30, 2021, the Company is obliged to make payments as follows (in thousands):
|
|
|
As of
September 30, 2021
|
|
|
2021 (remaining three months)
|
|
$
|
2,881
|
|
|
2022
|
|
|
10,694
|
|
|
2023
|
|
|
10,567
|
|
|
2024
|
|
|
6,399
|
|
|
2025
|
|
|
3,894
|
|
|
2026 and thereafter
|
|
|
2,594
|
|
|
Total
|
|
$
|
37,029
|
|
|