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.
|Market funding programs||Maturity||Currencies||Limit||Nominal|
|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|
|Committed credit facilities|
|Syndicated bank loan||2019||SEK/EUR/USD||EUR 555 M||5,230||0|
|Bilateral loan agreements||2016/2018/
|EUR||EUR 60 M||565||565|
|Other credit facilities||410||1|
*Within MTN program
At 2016-06-30, the Group's unutilized credit facilities totaled SEK 5,639 M.
- Volume: 3.7 bn SEK
- Average credit maturity 2.1 years (2.6 years incl RCF)