Debt structure

Prior to the separation of Electrolux Professional from AB Electrolux, Electrolux Professional has primarily been funded by AB Electrolux.

Net debt as of June 30, 2022

In total, net debt amounted to SEK 2,196m as of June 30, 2022, compared to SEK 1,705m as of December 31, 2021.

Long-term borrowings amounted to SEK 1,244m and short-term borrowings amounted to SEK 1,381m. Total borrowings amounted to SEK 2,625m compared to SEK 2,268m as of December 31, 2021.

Debt maturity

Credit facilities and loans

Electrolux Professional AB 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 and a revolving credit facility of EUR 200m with a tenure until 2026. As of June 30, 2022, EUR 119m of the revolving credit facility was utilized.

Bonds

Electrolux Professional has no issued bonds.