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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. 

2017-06-30

Market funding programsMaturityCurrenciesLimitNominal
SEK M
Utilized
SEK M
Commercial paper (CP) program, maturities 0-1 years   SEK/EUR SEK 6,000 M 6,000 850
Medium Term Note (MTN) program, maturities 1-10 years   SEK/EUR SEK 8,000 M 8,000 1,500
Green Bonds program, maturities 1-10 years   SEK/EUR SEK 2,000M* 2,000*  850
Total       14,000 3,200
Committed credit facilities          
Syndicated bank loan 2022 SEK/EUR/USD EUR 600M 5,785 0
Bilateral loan agreement 2016/2018/
2020
EUR EUR 60 M 578 578
Bilateral loan agreement 2024 USD USD 100 M 844 844
Other credit facilities       404 0
Total       7,611 1,422
Total central funding         4,622

 
*Within MTN program
At 2017-06-30, the Group's unutilized credit facilities totaled SEK 6,189 M.

Maturity structure

  • Volume: 4.6 bn SEK
  • Average credit maturity 2.3 years (3.7 years incl RCF)

 

 

Last updated: 9/11/2017