Austria 
Belgium 
Canada 
Denmark 
Finland 
France 
Germany 
Italy 
Mexico 
Netherlands 
Norway 
Poland 
Spain 
Sweden 
United Kingdom 
USA 
Refinancing risks and liquidity
At March 31st 2025, the financial liabilities amounted to SEK 36,407m. After additions for net provisions for pensions, leasing, cash and cash equivalents, interest-bearing receivables, the net debt was SEK 26,774m.
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 March 31st 2025, unutilized bank credit facilities amounted to SEK 42,603m. In addition, cash and cash equivalents amounted to SEK 9,767.
Bank credit facilities
At March 31st 2025, Essity has three syndicated bank facilities: EUR 2,000 (SEK 21,640) with a due date in 20251), EUR 938m (SEK 10,144m) with a final due date in 2027 and EUR 1,000m (SEK 10,820m) with a final due date in 2029.
1) Essity has a unilateral right to extend the maturity with up to 12 months from June 2025.