Kaleyra, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Bank and Other Borrowings (Tables)

Bank and Other Borrowings (Tables)

3 Months Ended

Mar. 31, 2022

Bank And Other Borrowings [Abstract]

Summary of Long-term Bank and Other Borrowings

Long-term bank and other borrowings consist of the following (in thousands):

									Interest Nominal Rate
	As of March 31,		As of December 31,			Interest Contractual Rate			As of March 31,			As of December 31,
	2022		2021		Maturity	as of March 31, 2022			2022			2021
UniCredit S.p.A. (Line A Tranche 1)	$	1,956	$	2,330	July 2023	Euribor 3 months + 3.10%				2.80	%		2.80	%
UniCredit S.p.A. (Line A Tranche 2)		97		113	November 2023	Euribor 3 months + 3.10%				2.80	%		2.80	%
UniCredit S.p.A. (Line B)		2,061		2,337	May 2024	Euribor 3 months + 2.90%				2.60	%		2.60	%
UniCredit S.p.A. (Line C)		1,546		1,833	August 2023	Euribor 3 months + 3.90%				3.44	%		3.33	%
Intesa Sanpaolo S.p.A. (Line 1)		142		290	April 2022	Euribor 3 months + 2.30%				1.84	%		1.73	%
Intesa Sanpaolo S.p.A. (Line 2)		2,544		2,872	April 2024	Euribor 3 months + 3.10%				2.64	%		2.53	%
Intesa Sanpaolo S.p.A. (Line 3)		8,781		8,961	June 2026	Euribor 3 months + 2.15%				1.69	%		1.58	%
Intesa Sanpaolo S.p.A. (Line 4)		5,519		5,927	July 2026	Euribor 3 months + 2.20%				1.74	%		1.63	%
Monte dei Paschi di Siena S.p.A. (Line 1)		19		76	April 2022		0.95	%		0.95	%		0.95	%
Monte dei Paschi di Siena S.p.A. (Line 2)		1,110		1,132	June 2023		1.50	%		1.50	%		1.50	%
Banco BPM S.p.A. (Line 1)		486		593	June 2023	Euribor 3 months + 2.00%				2.00	%		2.00	%
Banco BPM S.p.A. (Line 3)		4,483		5,014	September 2024	Euribor 3 months + 3.00%				2.54	%		2.43	%
Simest 1		185		189	December 2023		0.50	%		0.50	%		0.50	%
Simest 2		184		188	December 2023		0.50	%		0.50	%		0.50	%
Simest 3		338		345	December 2023		0.50	%		0.50	%		0.50	%
Simest 4		1,194		1,218	April 2027		0.50	%		0.50	%		0.50	%
Total bank and other borrowings		30,645		33,418
Less: current portion		10,657		10,508
Total long-term portion	$	19,988	$	22,910

Summary of Payments Obliged

As of March 31, 2022, the Company is obliged to make payments as follows (in thousands):

	As of March 31, 2022
2022 (remaining nine months)	$	8,124
2023		10,127
2024		6,143
2025		3,747
2026		2,355
2027 and thereafter		149
Total	$	30,645

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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