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).
A revolving credit facility (RCF), of MSEK 4 000, is available to be used for general corporate purposes and as a backup facility. The maturity is 2025 as the Group in April, after consent of the lenders, exercised the one-year extension option. 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.
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1) Including lease liabilities |