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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. 

2021-03-31

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 6,136 0
Bilateral loan agreement 2021 USD USD 65 M 566 566
Bilateral loan agreement 2023 USD USD 50 M 435 435
Bilateral loan agreement 2024 USD USD 50 M 435 435
Bilateral loan agreement 2024 USD USD 100 M 870 870
Bilateral loan agreement 2025 EUR EUR 50 M 511 511
Bilateral loan agreement 2027 EUR EUR 50 M 510 510
Other credit facilities       443 -
Total       9,906 3,328
Total central funding         3,828

*Within MTN program
At 2021-03-31, the Group's unutilized credit facilities totaled SEK 6,578 M

Maturity structure

  • Volume: 3.8 bn SEK
  • Average credit maturity 3.0 years (3.1 years incl RCF)

central-funding-maturity-structure-2021-march.png

Last updated: 4/29/2021