Debt structure

In total, net debt amounted to SEK 1,390m as of December 31, 2023, compared to SEK 2,050m as of December 31, 2022. Long-term borrowings amounted to SEK 1,192m. Short-term borrowings amounted to SEK 771m. Total borrowings amounted to SEK 1,963m compared to SEK 2,894m as of December 31, 2022.

Debt maturity

Credit facilities and loans, December 31, 2023

Electrolux Professional Group has a term loan of SEK 600m with a tenure of seven years from 2020, a sustainability linked loan of EUR 60m with a tenure of seven years from 2021, a commercial paper program with a framework amount of SEK 2,000m, and a revolving credit facility of EUR 200m with a tenure until 2027. None of the loan facilities contains any financial covenants. As of December 31, 2023, the revolving credit facility was unutilized and Electrolux Professional Group had SEK 650m issued under its commercial paper program.

Loans Inital amount Outstanding Maturity, year
Term loan SEK 600m SEK 600m 2027
Sustainability linked loan EUR 60m EUR 60m 2028
Credit Facilities Committed Utilized Maturity, year
Revolving Credit Facility EUR 200m EUR 0m 2027
Debt Capital Markets Program size Outstanding
Commercial Paper SEK 2 000m SEK 650m

Bonds/MTN programme

For the issue of bonds in the Swedish debt capital markets, Electrolux Professional Group has a domestic Medium-Term Note (MTN) programme with a framework amount of SEK 5,000 million, which was established 2024.

Electrolux Professional AB (publ) – Base Prospectus for Medium Term Note Programme

Commercial papers

Electrolux Professional Group utilises commercial paper for its short-term funding. The program has a framework amount of SEK 2,000 million, is registered with Euroclear and can be utilised in SEK or EUR. Commercial papers is issued with tenors of less than one year.

Established:                      2023
Framework amount:      SEK 2,000m
Löptid:                               Max. one year
Governing Law:               Swedish
Arranger:                          Danske Bank
IPA:                                    Danske Bank
Dealers:                            Danske Bank, SEB
Clearingsystem:              Euroclear Sweden

Investor presentation September 15 2023
Information document Commercial Paper program (in Swedish)


Danske Bank
Behshad Shadvari, +46 (0)8-568 806 09,

Sekou Soumaoro, +46 (0)8 506 230 05,
Gabriel von Seth, +46 (0)8 506 231 73,

Debt structure 2019-10-16T07:30:06+00:00 Electrolux Professional