Market programs
Husqvarna has established a Medium Term Note program (MTN), denominated in SEK, to issue long-term debt in the capital markets. A number of transactions, with a total aggregated nominal value of EUR 60m were executed during the year. The total amount of the program is SEK 5,000m. In addition, Husqvarna has a Swedish Commercial Paper program (CP). The total amount of the program is SEK 7,000m, which is an increase of SEK 2,000m compared with last year. The table below shows outstanding amounts under these two programs.
| Market programs | ||||
|---|---|---|---|---|
| Dec. 31 2008 (SEKm) | Program | Nominal amount | Currency | Coupon |
| FC/CP | 0 | SEK | ||
| 2007-2009 | MTN | 550 | SEK | STIBOR +0.25% |
| 2007-2009 | MTN | 550 | SEK | 4.30% |
| 2007-2010 | MTN | 100 | SEK | STIBOR +0.28% |
| 2007-2010 | MTN | 350 | SEK | STIBOR +0.29% |
| 2007-2012 | MTN | 250 | SEK | STIBOR +0.39% |
| 2007-2012 | MTN | 250 | SEK | 4.875% |
| 2007-2015 | MTN | 500 | SEK | STIBOR +0.46% |
| 2008-2016 | MTN | 60 | EUR | EURIBOR +0.82% |