Home Investors Debt Financing Funding Sources Debt Financing Funding Sources Funding sources and maturity profile (SEKm), September 30th 2021. Refinancing risks and liquidity At September 30th 2021, the financial liabilities amounted to SEK 60,701m. After additions for net provisions for pensions, leasing, cash and cash equivalents, interest-bearing receivables, the net debt was SEK 55,551m. Essity’s financing is partly secured through committed bank credit facilities. With these as protection against refinancing risks, Essity uses short-term borrowing under market programs. Essity’s policy is that loan documentation should not contain clauses that entitle the lenders to terminate the loans or change coupon rates when changes occur in Essity’s financial key ratios or credit ratings. As per September 30th 2021, unutilized bank credit facilities amounted to SEK 20,390m. In addition, cash and cash equivalents amounted to SEK 10,100m. Bank credit facilities At September 30th 2021, Essity has two syndicated bank facilities: EUR 1,000m (SEK 10,195m) with a final due date in 2025 and 20261 and EUR 1,000m (SEK 10,195m) with a final due date in 2024 and 20252. 1) The syndicated bank facility maturing 2025 was in January 2021 with prolonged with EUR 938m to 2026, the remaining EUR 62m matures in 2025. 2) The syndicated bank facility maturing 2024 was in January 2020 with prolonged with EUR 941m to 2025, the remaining EUR 59m matures in 2024. Funding Sources Bond loans, 74% Commercial Papers, 8% Other loans, 18% Maturity Profile (SEKm) 21412 16059 10706 5353 2021 2022 2023 2024 2025 2026 2027+ Bond loans Commercial Papers Other loans Unutilized credits Contacts Johan Rydin Vice President & Group Treasurer johan.rydin@essity.com Direct: +46 8-788 51 34 2021 2022 2023 2024 2025 2026 2027+ Total Commercial papers -5,016 0 0 0 0 0 0 -5,016 Bond loans 0 -6,117 -5,097 -6,117 -6,058 0 -21,409 -44,799 Utilization of credit lines 0 Other loans -2,091 -3,231 -1,588 -3,448 -644 -24 140 -10,886 Total -7,106 -9,348 -6,685 -9,565 -6,703 -24 -21,269 -60,701 Cash and cash equivalents 10,100 Unutilized credit lines 20,390 -600 -10,232 -9,558 Company Brands Breaking Barriers to Well-being Contact us Privacy Policy Cookie Preferences Terms and conditions © Essity Aktiebolag (publ). Box 200, SE-101 23, Stockholm, Sweden | Tel +46 8-788 51 00 By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. By clicking "Accept Necessary Cookies" the website will work but without the above mentioned enhancements. Accept All Cookies Accept Necessary Cookies Cookies Settings