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 treasury policy.

Gränges financing mainly consists of a multi-currency credit facility of SEK 1,200 million, and term loans with banks. As at 31 December 2017 interest bearing debt amounted to SEK 2,791 (3,321) million.

The revolving facility is due in August 2020 and the term loans are due year 2021.

The Gränges also has a commercial paper program available in Swedish Krona with a framework amount of SEK 1,500 million.

MTN Program

Gränges established an MTN Program (Medium Term Notes) with a framework amount of SEK 3 billion on August 30, 2018. The prospectus has been approved by Finansinspektionen, the Swedish financial supervisory authority, and is also available at www.finansinspektionen.se.

For further information, please contact:
Johan Dufvenmark, VP Group Treasury
Gränges AB
Phone: +46 705 97 43 75


Documents

Prospectus:   

Grundprospekt 2018-08-30


Final terms:  

Loan no. Date Tenor Amount
101 20 September 2018 3 years 300 MSEK
102 20 September 2018 5 years 300 MSEK