Swedavia signs credit facility for SEK 2 billion

Swedavia has signed a credit facility for SEK 2 billion with the German State-owned KfW IPEX-Bank. The loan agreement will run for a maximum of 10 years and is intended to fund Swedavia's development programme.

Swedavia's development programme is aimed at developing infrastructure, services and terminal capacity at a few of Swedavia's airports, mainly Stockholm Arlanda Airport and Göteborg Landvetter Airport.

"We are pleased that KfW IPEX-Bank is supporting us with funding for our continued work to build the climate-smart airports of the future. With this credit facility, we diversify our funding and get cost-effective loans with longer durations," says Mats Påhlson, Chief Financial Officer at Swedavia.

Swedavia makes it possible for people to meet and creates access within Sweden as well as to and from the rest of the world. The company has a firmly established environmental strategy, with the goal being fossil-free operations by 2020, and Swedavia works actively to operate and develop some of the world's most climate-smart airports.

For further information, please contact Swedavia's press office at +46 (0)10-109 01 00 or press@swedavia.se.

The Swedavia Group owns, operates and develops ten airports across Sweden. Our role is to create the access Sweden needs to facilitate travel, business and meetings. Safe, satisfied passengers are the foundation of Swedavia's business. Swedavia is a world leader in developing airports with the least possible environmental impact. The Group has annual revenue of more than 5.7 billion Swedish kronor and some 3,100 employees.