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. 

2020-09-30

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, Green bonds

  SEK/EUR   8,000 1,000
Total       14,000 1,000
Committed credit facilities          
Revolving Credit Facility 2024 EUR/USD/SEK/GBP EUR 600 M 6,325 0
Bilateral credit facility 2021 SEK SEK 500 M 500 0
Bilateral credit facility 2021 EUR EUR 50 M 527 0
Bilateral loan agreement 2021 USD USD 65 M 585 585
Bilateral loan agreement 2023 USD USD 50 M 450 450
Bilateral loan agreement 2024 USD USD 50 M 450 450
Bilateral loan agreement 2024 USD USD 100 M 899 899
Bilateral loan agreement 2025 EUR EUR 50 M 526 526
Bilateral loan agreement 2027 EUR EUR 50 M 526 526
Other credit facilities       445 -
Total       11,234 3,436
Total central funding         4,436

*Within MTN program
At 2020-09-30, the Group's unutilized credit facilities totaled SEK 7,797 M

Maturity structure

  • Volume: 4.4 bn SEK
  • Average credit maturity 3.1 years (3.2 years incl RCF)

central-funding-maturity-structure.jpg

Last updated: 11/6/2020