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||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|
|Committed credit facilities|
|Syndicated bank loan||2022||SEK/EUR/USD||EUR 600M||5,785||0|
|Bilateral loan agreement||2016/2018/
|EUR||EUR 60 M||578||578|
|Bilateral loan agreement||2024||USD||USD 100 M||844||844|
|Other credit facilities||404||0|
|Total central funding||4,622|
*Within MTN program
At 2017-06-30, the Group's unutilized credit facilities totaled SEK 6,189 M.
- Volume: 4.6 bn SEK
- Average credit maturity 2.3 years (3.7 years incl RCF)