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Funding

Skanska has several borrowing programs − both committed bank credit facilities and market funding programs − which provide good preparedness for temporary fluctuations in the Group's short-term liquidity requirements and ensure long-term funding. Skanska does not have a credit rating. 

2016-06-30

Market funding programsMaturityCurrenciesLimitNominal
SEK M
Utilized
SEK M
Commercial paper (CP) program, maturities 0-1 years   SEK/EUR SEK 6,000 M 6,000 0
Medium Term Note (MTN) program, maturities 1-10 years   SEK/EUR SEK 8,000 M 8,000 2,249
Green Bonds program, maturities 1-10 years   SEK/EUR SEK 2,000M* 2,000*  849 
Total       14,000 3,098
Committed credit facilities          
Syndicated bank loan 2019 SEK/EUR/USD EUR 555 M 5,230 0
Bilateral loan agreements 2016/2018/
2020
EUR EUR 60 M 565 565
Other credit facilities       410 1
Total       6,205 566

 
*Within MTN program
At 2016-06-30, the Group's unutilized credit facilities totaled SEK 5,639 M.

Maturity structure

  • Volume: 3.7 bn SEK
  • Average credit maturity 2.1 years (2.6 years incl RCF)

 

 

Last updated: 9/19/2016