Total debt as of June 30, 2021 was Ps.5,293 million, 57.4% and 38.6% above than the reported in the same period of 2020 and 2019, respectively. This result is primarily related to the subscription of the USD$150 million, 5-year bullet loan with CarVal Investors (conducted in April 2021), which proceeds will be used in the execution of our long-term strategy. Ps.1,489 million (28.1%) of our total debt matures in the short-term (corresponding to the outstanding balance of long-term debt securities issued in February 2019 on the Mexican Stock Exchange and PDP financing).
| Jun-21 | Dec-20 | Jun-20 | |
|---|---|---|---|
| Bank debt | 1,323 | 972 | 1,687 |
| Private Notes Issuance | 3,970 | 1,080 | 1,676 |
| Short-term debt | 1,489 | 652 | 2,262 |
| Long-term debt | 3,804 | 1,401 | 1,101 |
| Total debt | 5,293 | 2,052 | 3,363 |
| Net debt1 | (2,606) | (915) | 963 |
As of June 30, 2021, the Company’s Adjusted net leverage / EBITDAR LTM stood at 5.26 times.
| Jun-21 | Dec-20 | Jun-20 | |
|---|---|---|---|
| Adjusted net debt / EBITDAR LTM | 5.26x | 19.98x | 7.43x |
