The long-term financing consists of capital market borrowings of MSEK 2 000 (maturity in 2023), a loan facility from Swedish Export Corporation (SEK) and Svenska Handelsbanken (SHB) of MSEK 2 000 (maturity 2024, with a one year extension option), a loan from the European Investment Bank (EIB) of MEUR 100 (maturity 2022) and a loan facility with Nordic Investment Bank (NIB) of MSEK 1 000 (maturity 2027). In June, additional funding of MSEK 2 000 was added through a 12 month term loan with SEB (maturity 2021).
A revolving credit facility (RCF), of MSEK 4 000 (maturity 2025), is available to be used for general corporate purposes and as a backup facility. The facility was entered into by Bank of China, Citibank, Danske Bank, Deutsche Bank, Nordea, Skandinaviska Enskilda Banken, Standard Chartered Bank, and Svenska Handelsbanken. The Group also have a Swedish commercial paper program available, with a framework amount of MSEK 2 000.
