Debt issuance programmes and credit facilities

Vattenfall finances its operations and investments through a combination of its own generated cash flow and external funding, mainly in the form of corporate bonds. Senior bonds are issued under a Euro Medium Term Note programme (EUR 10 billion).

For short-term funding, Vattenfall has a European Commercial Paper programme (EUR 2 billion) and a domestic Commercial Paper programme (SEK 15 billion). In addition, Vattenfall has access to an undrawn Revolving Credit Facility (EUR 2 billion) which serves as a general liquidity back-up and ensures financial flexibility. A total of 15 banks, which also comprise Vattenfall’s core bank group, participates in the credit facility.

Enlarged table (JPG 49 kB)

Type Arranger/Lead manager Amount (million)
Revolving Credit Facility - maturity 2021 Société Générale Corporate & Investment Banking EUR  2,000
Domestic CP Svenska Handelsbanken SEK 15,000
Euro CP Citibank EUR  2,000
Euro MTN Deutsche Bank EUR 10,000

The following banks participate in the Revolving Credit Facility (Mandated Lead Arranger and Bookrunner in alphabetical order):

  • Barclays Bank PLC
  • BNP Paribas
  • Citibank N.A., London Branch
  • Commerzbank Aktiengesellschaft
  • Danske Bank
  • Deutsche Bank Luxembourg S.A.
  • Handelsbanken
  • ING Bank N.V.
  • J.P. Morgan Limited
  • Landesbank Hessen-Thüringen Girozentrale
  • Natwest
  • Nordea
  • SEB
  • Société Générale
  • Swedbank AB

Related information

Vattenfall Green Bond Framework (PDF 283 kB)
Vattenfall Green Bond Second Opinion (PDF 860 kB)
Summary Document - Subordinated Capital Securities (30 April 2018) - PDF 502 kB
Summary Document - Euro Medium Term Notes (30 April 2018) - PDF 502 kB
EMTN prospectus (PDF 2 MB)
Domestic CP Programme Information Memo dated 12 May 2010 (PDF 61 kB)
Euro CP Programme Information Memorandum dated 30 June 2010 (PDF 352 kB)

Earlier EMTN prospectuses

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