Search

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. 

2017-12-31

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 1,500
Green Bonds program, maturities 1-10 years   SEK/EUR SEK 2,000M* 2,000*  850
Total       14,000 2,350
Committed credit facilities          
Syndicated bank loan 2022 SEK/EUR/USD EUR 600M 5,901 0
Syndicated bank, Green 2019 EUR/USD/SEK/GBP EUR 200M 1 967 0
Bilateral loan agreement 2016/2018/
2020
EUR EUR 60 M 590 590
Bilateral loan agreement 2024 USD USD 100 M 819 819
Bilateral loan agreement 2023 USD USD 50M 410 410
Bilateral loan agreement 2024 USD USD 50M 410 410
Other credit facilities       413 0
Total       10,510 2,229
Total central funding         4,579

 
*Within MTN program
At 2017-12-31, the Group's unutilized credit facilities totaled SEK 8,281 M.

Maturity structure

  • Volume: 4.6 bn SEK
  • Average credit maturity 2.9 years (3.4 years incl RCF)

 

 

Last updated: 5/8/2018