Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. In connection with the annual update in 2026, SCA’s Board of Directors has resolved to increase the borrowing limit from SEK 8 billion to SEK 12 billion to ensure flexibility and diversification in the financing.
Changed capital gains taxation in Germany on sale of fine paper operations
- Regulatory press release
In 2000, SCA sold its 50-percent holding in the fine paper company MoDo Paper AB. The transaction had been preceded by a merger of SCA’s then Swedish and German fine paper operations. The German tax authorities have re-examined that valuation on which the transaction was based. As a consequence of the tax authorities’ decision, SCA must pay capital gains tax of EUR 48 M including interest. EUR 8 M of this amount can be recovered in future years. Accordingly, the decision, which is final, means that SCA is paying a capital gains tax of 11% on the transaction. The tax expenses now being incurred, EUR 40 M, are being offset by the tax reserve allocated earlier for the divestment transaction. Stockholm, 12 September 2006 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Communications and Investor Relations For further information please contact Lennart Persson, Executive Vice President and CFO, +46 8 788 51 22 Pär Altan, Vice President Media Relations, +46 8 788 52 37