The financing of Husqvarna Group is managed centrally by Group Treasury to ensure efficiency and risk control. A major part of the Group’s financing is currently conducted through a Swedish Medium-Term Note (MTN) program and bilateral loan agreements. In addition, the Group has unutilized SEK 7bn committed revolving credit facilities.
Borrowings
| |
2024 |
2023 |
| SEKm |
Total borrowings |
Facility amount |
Total borrowings |
Facility amount |
| Medium Term Note Program |
7,552 |
12,00 |
6,003 |
12,000 |
| Other bond loans |
110 |
- |
100 |
- |
| Committed revolving credit facility |
- |
7,000 |
- |
7,000 |
| Committed credit facility |
- |
- |
- |
- |
| Long-term bank loans |
2,654 |
- |
2,452 |
- |
| Leasing liabilities |
2,003 |
- |
2,084 |
- |
| Commercial papers |
149 |
7,000 |
1,193 |
7,000 |
| Other short-term loans[1] |
2,053 |
- |
4,838 |
- |
| Derivative liabilities |
907 |
- |
575 |
- |
| Total |
15,429 |
26,000 |
17,245 |
26,000 |
[1] Other short-term loans’ per 2024 include bond loans within the Medium Term Note Program of SEK 1,750m.