The SCA Group's financial risk management is centralized to capitalize on economies of scale and synergy effects and to minimize operational risks.

The central treasury function is responsible for the Group's borrowing, liquidity management, currency and interest rate risk management, and serves as an internal bank for the Group's financial transactions. In addition to ensuring that the SCA Group has secure financing, financial transactions are conducted with the aim of limiting the Group's financial risks.

SCA financial reports

Funding and debt programmes

SCA:s funding is based on committed credit facilities with the bank group, bilateral loans from European Investment Bank, Nordic Investment Bank, Swedish Export Credit Corporation, and through public programmes. All financial transactions are conducted within the approved mandates of the Board of Directors.

SCA has one syndicated revolving credit facility with the bank group, according to the table below.

Long term Credit Facilities

  Facility 
Amounts: 5 billion SEK
Borrower: Svenska Cellulosa Aktiebolaget SCA (publ)
Type: Revolving Credit Facility
Maturity: 2024 (with two extension options of 1 year each)
Participating banks: Danske Bank, SEB, SHB, Swedbank

Type: MTN (Medium Term Note)
Issuer: Svenska Cellulosa Aktiebolaget SCA (publ)
Max amount: 8 billion SEK
Issuing institutions/dealers: Danske Bank, SEB, SHB, Swedbank
Issuing and Paying Agent: SHB

Type: Commercial Paper Swedish Programme
Issuer: Svenska Cellulosa Aktiebolaget SCA (publ)
Max amount: 5 billion SEK
Issuing institutions/dealers: Danske Bank, SEB, SHB, Swedbank
Issuing and Paying Agent: SHB

Outstanding public issues under the MTN-programme, sorted by maturity date

Loan number Nominal amount 
(MSEK)
Interest Transaction day Maturity day ISIN-code
101 650 Fixed interest  2018-05-14 2021-05-24 SE0011062843
102  550  Floating rate interest   2018-05-14 2021-05-24 SE0011062850
103
1 000 Floating rate interest  2018-11-26 2020-11-26 SE0011425933