The Group’s goals for long-term borrowings include an average time to maturity of at least 2 years, and an even spread of maturities. A maximum of SEK 5,000m of the long-term borrowings is allowed to mature in a 12-month period. Electrolux outstanding long-term borrowings have mainly been made under the European Medium-Term Note Program and via bilateral loans.

Net debt

As of September 30, 2021, Electrolux had a financial net cash position (excluding lease liabilities and post-employment provisions) of SEK 2,633m, compared to the financial net cash position of SEK 4,741m as of December 31, 2020.

Long-term bond issues

A significant portion of the Group´s long-term borrowings are issued on the capital markets under the Group´s Euro medium-term note program.

Green Bond Framework

The Green Bond Framework helps Electrolux to fund climate investments and other environmental initiatives.