Stena Metall Finans is responsible for all Group funding and to ensure that the desired liquidity situation within the Stena Metall Group is sufficient. Stena Metall Finans is active in the market and is always striving for the best funding options available. Different types of funding instruments are used: Revolving Credit Facilities (RCF), Bonds (see more below) as well as other bilateral and multilateral bank engagements. The liquidity situation is constantly monitored, and the best possible funding structure is sought after and maintained.
The financial portfolio consists of four individual elements. The basic portfolio mainly includes companies with a relatively stable earnings capacity and low cyclical sensitivity. Noncorrelated assets consist of hedge funds with different strategies without any, or a very low, correlation to the stock market. The third element consists of holdings in various private equity funds with different focuses and different geographical markets. The trading portfolio consists primarily of opportunistic trading and certain holdings that cannot be categorized into the other three portfolios.
SOLID INTEREST IN STENA METALL GROUP'S SECOND GREEN BOND WITH TOP RATING
Stena Metall Group's second green bond with “Dark Green” rating, issued during spring 2022, attracted solid interest from investors. The amount was SEK 1 billion and the maturity is five years. The money is targeted for sustainable investments in Stena Recycling, Stena Aluminium and other circular projects within Stena Metall. The Green Bond Framework was also recognized in the independent analysis institute Cicero's 2022 best-practice report.