Credit market

Gränges treasury function ensures that the Group has secured financing through managing the Company’s loans, lines of credit and liquidity as well as to ensure that the financial exposure is in line with the Group’s financial policy. 

Gränges financing mainly consists of a multi-currency credit facility of SEK 1,200 million, and term loans with banks equivalent to USD 300 million. The revolving facility is due in August 2019 and the term loans are due year 2021.

As at 31 December 2015 interest bearing loans amounted to SEK 804 (892) million.