Some of SCA's funding is conducted under commercial paper programmes and by issuance of bonds.
For the issue of bonds in the European debt capital markets, SCA has a Euro Medium Term Note (EMTN) programme with a framework amount of EUR 2,000m (SEK 21,988m). At 31 March 2009, SEK 11,697m was outstanding with an average remaining term of 2.6 years.
SCA also has USD 450m (SEK 3,731m) notes with remaining term of 6.4 years issued in accordance with rule 144 A, under the US Securities Act of 1933.
SCA’s short term loan programmes comprise a Swedish commercial paper programme with a framework amount of SEK 15,000m and a Belgian commercial paper programme with a framework amount of EUR 400m (SEK 4,398m). At 31 March 2009, the outstanding amounts within these programs were SEK 7,436m and SEK 1,161m, respectively.
Information about the debt programmes and securities issued is found below:
|
Short-term commercial
paper programmes |
Programme summary |
| Swedish SEK 15,000m |
CP SEK 15 billion |
| Belgian EUR 400m |
CP EUR 400 million |
|
Long and medium-term programme |
Programme summary |
| Euro Medium Term Note programme |
Summary EMTN programme |
|
Outstanding issues
under EMTN programme |
Issue summary |
|
SEK 1,000,000,000
4.7% Notes due 2014 |
SEK 1,000 million |
EUR 700,000,000
3 7/8% Notes due 2011 |
EUR 700 million |
SEK 1,500,000,000
3.6% Notes due 2010 |
SEK 1,500 million |
SEK 300,000,000
3.5 % Index
Linked Interest notes due 2015 |
SEK 300 million |
SEK 500,000,000
Floating Rate Notes due 2010 |
SEK 500 million |
SEK 500,000,000
3.5 % Index
Linked Interest Notes due 2015 |
SEK 500 million |
|
Other long and medium-term issues |
|
USD 450,000,000
4 1/2% Notes due 2015 |
USD 450 million |