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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.

2025-12-31

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   10,000 4,588
Total       16,000 4,588
Committed credit facilities          
Revolving Credit Facility 2028 EUR/USD/SEK/GBP EUR 571 M 6,174 0
Revolving Credit Facility 2026 EUR/USD/SEK EUR 200 M 2,161 0
Revolving Credit Facility 2026 EUR/USD/SEK EUR 50 M 540 0
Revolving Credit Facility 2026 USD USD 25 M 229 0
Bilateral loan agreement 2026 USD USD 50 M 459 459
Bilateral loan agreement 2027 EUR EUR 50 M 540 540
Bilateral loan agreement 2027 USD USD 35 M 321 321
Bilateral loan agreement 2028 USD USD 35 M 321 321
Bilateral loan agreement 2028 USD USD 50 M 459 459
Bilateral loan agreement 2029 USD USD 40 M 367 367
Bilateral loan agreement 2030 USD USD 40 M 367 367
Bilateral loan agreement 1) 2030 USD USD 50 M 458 458
Other credit facilities       456 0
Total       12,852 3,291
Total central funding         7,879
           

At 2025-12-31, the Group's unutilized credit facilities totaled SEK 9,560 M
1) Margin adjustment and prepayment option in 2027

Maturity structure

  • Volume: 7.9 bn SEK
  • Average credit maturity 2.1 years (2,5 years incl RCF)

central funding graf eng.png

Last updated: 3/9/2026