Debt structure

SKF has four notes issued on the European bond market. EUR 300 million per 2025, EUR 400 million per 2028, EUR 300 million per 2029, and one with an outstanding amount of EUR 300 million, due 2031. The bonds maturing in 2028 and 2029 are both issued under SKF’s Green Finance Framework.

Additionally, SKF has one bilateral loan of USD 100 million due in 2027. 

Furthermore, SKF has signed a long-term credit facility of EUR 430 million, with the European Investment Bank, which by the year end was unutilized. 

In addition to its own liquidity, AB SKF has a syndicated multicurrency revolving credit facility of EUR 800 million (unutilized) with a due date in 2029. Participating banks: SEB, Bank of America, Bank of China, BNP Paribas, Citibank, Deutsche Bank, Handelsbanken, HSBC, J.P. Morgan and Nordea.

 

 

Maturity structure

 

 

 

Bonds

Bond - due 15 February 2031

Green Bond - due 15 November 2029

Green Bond - due 14 September 2028

Bond - due 17 September 2025

Bond - was due 2 December 2022