Kaleyra, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Bank and Other Borrowings (Tables)

Bank and Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Bank And Other Borrowings [Abstract]

Summary of Long-term Bank and Other Borrowings

Long-term bank and other borrowings

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

									Interest Nominal Rate
	As of December 31,								As of December 31,
	2019		2018		Maturity	Interest Contractual Rate			2019			2018
UniCredit S.p.A. (Line A Tranche (1)	$	3,609	$	5,038	January 2023	Euribor 3 months + 3.10%				2.80	%		2.80	%
UniCredit S.p.A. (Line A Tranche (2)		167		228	May 2023	Euribor 3 months + 3.10%				2.80	%		2.80	%
UniCredit S.p.A. (Line B)		3,229		3,770	November 2023	Euribor 3 months + 2.90%				2.60	%		2.60	%
UniCredit S.p.A. (Line C)		2,787		—	February 2023	Euribor 3 months + 3.90%				3.53	%		—
Intesa Sanpaolo S.p.A. (Line 1)		988		1,572	October 2021	Euribor 3 months + 1.80%				1.88	%		1.51	%
Intesa Sanpaolo S.p.A. (Line 2)		4,183		—	October 2023	Euribor 3 months + 2.60%				2.60	%		—
UBI Banca S.p.A. (Line 1)		332		625	February 2021		1.25	%		1.25	%		1.25	%
UBI Banca S.p.A. (Line 2)		1,499		—	April 2021	Euribor 3 months +1.95%				1.55	%		—
Monte dei Paschi di Siena S.p.A.		521		—	April 2022		0.95	%		0.95	%		—
Banco Popolare di Milano S.p.A. (Line 1)		1,336		—	June 2023	Euribor 3 months + 2.00%				2.00	%		—
Banco Popolare di Milano S.p.A. (Line 2)		3,893		—	September 2022	Euribor 3 months + 2.00%				2.00	%		—
Simest 1		280		382	December 2022		0.50	%		0.50	%		0.50	%
Simest 2		279		379	December 2022		0.50	%		0.50	%		0.50	%
Simest 3		512		—	December 2022		0.50	%		0.50	%		—
Finlombarda S.p.A.		83		169	December 2020		0.50	%		0.50	%		0.50	%
Total bank and other borrowings		23,698		12,163
Less: current portion		7,564		3,038
Total long-term portion	$	16,134	$	9,125

Summary of Payments Obliged

As of December 31, 2019, the Company is obliged to make payments as follows (in thousands):

	As of December 31, 2019
2020	$	7,564
2021		8,031
2022		5,254
2023		2,849
Total	$	23,698

- 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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+ Details