Boliden's financing
As the internal bank of Boliden Group, Boliden’s Group Treasury has, amongst other things, the Group responsibility for funding, interest bearing debts and assets, currencies, rates, financial metals transactions and the financial payment structure. Boliden has a long-term view on financing, reflecting the nature of its business and the financial transactions follow mandates and limits stipulated by the Group Financial policy.
Boliden shall diversify its sources of financing and financial counterparties and strives for a well distributed maturity profile as well as a robust composition of long- and shorter-term funding. The financing needs are managed through a combination of public loan markets and bank loan markets. Boliden has access to an MTN program and a Commercial Paper program for Boliden AB (publ), guaranteed by Boliden Mineral AB. Bank loan markets offer long-term facilities on syndicated and bilateral basis. These loans are guaranteed by Boliden AB (publ), with Boliden Mineral AB as borrower. As part of Boliden’s strategy to integrate our sustainability commitments and financing activities, a Green Finance Framework has been established to enable Boliden to issue Green Bonds and Green Loans.
