Some of SCA's funding is conducted under commercial paper programmes and by issuance of bonds.
For the issue of bonds in the European debt capital markets, SCA has a Euro Medium Term Note (EMTN) programme with a framework amount of EUR 3,000m (SEK 26,513m). In May 2011 SCA issued EUR 600m notes due 2016 under the programme. At March 31st 2012, SEK 14,466m was outstanding under the programme with an average term of 4.0 years. Of this amount SEK 5,162m was private placements and SEK 9,304m public bonds.
SCA also has USD 450m (SEK 2,979m) notes with remaining term of 3,3 years issued in accordance with rule 144 A, under the US Securities Act of 1933.
SCA’s short term loan programmes comprise a Swedish commercial paper programme with a framework amount of SEK 15,000m and a Belgian commercial paper programme with a framework amount of EUR 400m (SEK 3,535m). At March 31st 2012, the outstanding amounts within these programs were SEK 4,041m and SEK 706m, respectively.
Information about the debt programmes and securities issued is found below:
|
Short-term commercial
paper programmes |
Programme summary |
| Swedish SEK 15,000m |
CP SEK 15 billion |
| Belgian EUR 400m |
CP EUR 400 million |
|
Long and medium-term programme |
Programme summary |
| Euro Medium Term Note programme |
Prospectus |
|
Outstanding public issues
under EMTN programme |
Issue summary |
|
EUR 600,000,000
3.625% Notes due 2016 |
EUR 600 million |
|
SEK 1,800,000,000
4.0% Notes due 2016 |
SEK 1,800 million |
|
SEK 200,000,000
Floating Rate Notes due 2016 |
SEK 200 million |
|
SEK 1,000,000,000
4.7% Notes due 2014 |
SEK 1,000 million |
|
SEK 300,000,000
3.5 % Index
Linked Interest notes due 2015 |
SEK 300 million |
|
SEK 500,000,000
3.5 % Index
Linked Interest Notes due 2015 |
SEK 500 million |
|
Other long and medium-term issues |
|
|
USD 450,000,000
4 1/2% Notes due 2015 |
USD 450 million |