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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. 

2020-12-31

Market funding programs Maturity Currencies Limit M
Currencies
Limit
SEK M
Utilized
SEK M
Commercial paper (CP) program, maturities 0-1 years   SEK/EUR   6,000 0

Medium Term Note (MTN) program, maturities 1-10 years

  SEK/EUR   8,000 500
Total       14,000 500
Committed credit facilities          
Revolving Credit Facility 2024 EUR/USD/SEK/GBP EUR 600 M 6,033 0
Bilateral credit facility 2021 SEK SEK 500 M 500 0
Bilateral credit facility 2021 EUR EUR 50 M 503 0
Bilateral loan agreement 2021 USD USD 65 M 533 533
Bilateral loan agreement 2023 USD USD 50 M 409 409
Bilateral loan agreement 2024 USD USD 50 M 409 409
Bilateral loan agreement 2024 USD USD 100 M 818 818
Bilateral loan agreement 2025 EUR EUR 50 M 502 502
Bilateral loan agreement 2027 EUR EUR 50 M 502 502
Other credit facilities       433 -
Total       10,643 3,173
Total central funding         3,673

*Within MTN program
At 2020-12-31, the Group's unutilized credit facilities totaled SEK 7,468 M

Maturity structure

  • Volume: 3.7 bn SEK
  • Average credit maturity 3.3 years (3.1 years incl RCF)

central-funding-maturity-structure-2021-en.jpg

Last updated: 2/10/2021