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Funding

We have several borrowing programs, including both committed bank credit facilities and market funding programs. These provide a good level of preparedness for temporary fluctuations in the Group's short-term liquidity requirements, as well as ensuring long-term funding. We do not have a credit rating.

2023-06-30

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

  SEK/EUR   8,000 -
Total       14,000 -
Committed credit facilities          
Revolving Credit Facility 2027 EUR/USD/SEK/GBP EUR 500 M 5,906 0
Revolving Credit Facility 2025 EUR/USD/SEK EUR 200 M 2,362 0
Revolving Credit Facility 2025 EUR/USD/SEK/ EUR 50 M 591 0
Bilateral loan agreement 2023 USD USD 50 M 545 545
Bilateral loan agreement 2024 USD USD 50 M 545 545
Bilateral loan agreement 2024 USD USD 100 M 1,089 1,089
Bilateral loan agreement 2025 EUR EUR 50 M 590 590
Bilateral loan agreement 2027 EUR EUR 50 M 590 590
Bilateral loan agreement 2028 USD USD 35 M 381 381
Bilateral loan agreement 2030 USD USD 40 M 436 436
Other credit facilities       522 0
Total       13,576 4,176
Total central funding         4,176

*Within MTN program
At 2023-06-30, the Group's unutilized credit facilities totaled SEK 9,400 M

Maturity structure

  • Volume: 4.2 bn SEK
  • Average credit maturity 2.4 years (3.2 years incl RCF)

central funding graf eng.jpg

Last updated: 7/21/2023