Refinancing risks and liquidity

On March 31st 2026, the financial liabilities amounted to SEK 38,272m. After additions for net provisions for pensions, leasing, cash and cash equivalents, interest-bearing receivables, the net debt was SEK 24,538m.

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 2026, unutilized bank credit facilities amounted to SEK 19,168m. In addition, cash and cash equivalents amounted to SEK 10,741m. 

Bank credit facilities

On March 31st 2026, Essity has two syndicated bank facilities: EUR 750m (SEK 8,215m) with a final due date in 2031 and EUR 1,000m (SEK 10,953m) with a final due date in 2030.