Skanska signs a EUR 500,000,000 sustainability linked revolving credit facility
On Tuesday, 8 November 2022, Skanska entered into a new EUR 500,000,000 multicurrency revolving credit facility linked to its sustainability goals. The Facility has a tenor of five years with two one year extension options and will be used as a backup for general corporate purposes. The facility is a refinancing of the existing and undrawn revolving credit facility signed in 2017. The interest rate margin on the credit facility is linked to Skanska’s sustainability strategy. The KPIs relates to Skanska’s ambitious climate targets which have been validated by the Science Based Targets