Some of Essity's funding is conducted under commercial paper programmes and by issuance of bonds.
For the issue of bonds in the European debt capital markets, Essity has a Euro Medium Term Note (EMTN) programme with a framework amount of EUR 6,000m (SEK 60,726m). At June 30th 2021, SEK 39,824m was outstanding under the programme with an average term of 4,5 years. Of this amount SEK 1,400m was private placements and SEK 38,424m public bonds.
Essity’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 1,200m (SEK 12,145m). At June 30th 2021, the outstanding amounts within these programs were SEK 250m and SEK 5,162m, respectively.
Information about the debt programmes and securities issued is found below:
Swedish SEK 15,000m
Belgian EUR 1200m
Euro Medium Term Note programme 2021
EUR 600 000 000 0.625% Notes due 2022
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