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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. 

2020-03-31

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, Green bonds

  SEK/EUR   8,000 1,001
Total       14,000 1,001
Committed credit facilities          
Revolving Credit Facility 2024 EUR/USD/SEK/GBP EUR 600 6,652 0
Bilateral loan agreement 2023 USD 50 506 506
Bilateral loan agreement 2024 USD 50 506 506
Bilateral loan agreement 2020 EUR 60 665 665
Bilateral loan agreement 2024 USD 100 1011 1011
Other credit facilities       465 11
Total       9,805 2,700
Total central funding         3,700

*Within MTN program
At 2020-03-31, the Group's unutilized credit facilities totaled SEK 7,105 M

Maturity structure

  • Volume: 4 bn SEK
  • Average credit maturity 2.7 years (3.6 years incl RCF)

central-funding-maturity-structure-200211-eng.png

Last updated: 3/19/2020