Atlas Copco debt
Here you’ll find all information about our debt financing. You can see our external debt maturity profile, debt programs, and find information about our public bonds outstanding. You can also download prospects and read our credit ratings.
External debt structure and maturities
All external borrowings for Atlas Copco AB are handled by Financial Solutions. The department is responsible for ensuring that each legal unit in the Atlas Copco Group has access to adequate financing on acceptable terms.
Credit rating
Atlas Copco has debt rating A from Fitch and A+ from Standard & Poor’s Corporation regarding long-term debt.
| Rating Agency |
Long / Short-term Rating |
Since |
| Fitch |
A+ / F1 |
2018 |
| Moody’s |
A2 / P1 |
2012* |
| S&P |
A+ / A |
2018 |
Debt program
To ensure access to funding in different currencies and maturities, Atlas Copco AB has several different debt programs outstanding such as commercial papers, Euro Medium Term Notes (EMTN) and a committed credit facility.
Short Term Funding- Commercial Paper (CP) Program
| Program |
EUR 0.4 billion ECP Program |
| Arranger |
SEB |
| Dealers |
Citi, Deutsche Bank, Fortis Bank, ING, SEB |
| Program |
SEK 6 billion SCP Program |
| Arranger |
SEB |
| Dealers |
Danske Bank, Handelsbanken, Nordea, SEB |
Long Term Funding- Medium Term Note (MTN) Program
| Program |
USD 3 billion EMTN Program |
| Arrangers |
Citigroup |
| Dealers |
Bank of China, BNP Paribas, Citigroup, Danske Bank, Deutsche Bank, Handelsbanken Capital Markets, SEB and Nordea |
| Listing |
London |
Back-up Facilities
| Facility |
EUR 640 million Multi-Currency Revolving Credit Facility |
| Arrangers |
Bank of China, BNP Paribas, Citigroup, Danske Bank, Deustche Bank, Handelsbanken, Skandinaviska Enskilda Banken and Nordea Bank |
| Maturity |
2020 |
| Facility |
EUR 800 million Multi-Currency Revolving Credit Facility |
| Arrangers |
BNP Paribas, Skandinaviska Enskilda Banken and Nordea Bank |
| Maturity |
2021 |
Public bonds outstanding
Atlas Copco’s bonds are typically issued in foreign currency, in order to hedge translation risks from the operations. Stringent credit policies are applied and no major concentration of credit risk exists in Atlas Copco.
Outstanding EUR bond
| Issue |
EUR 2019 |
EUR 2023 |
EUR 2026 |
| ISIN-code |
XS0757310270 |
XS0896144655 |
XS1482736185 |
| Documentation |
EMTN |
EMTN |
EMTN |
| Amount |
EUR 500 million |
EUR 500 million |
EUR 500 million |
| Issued |
March 15, 2012 |
February 28, 2013 |
August 23, 2016 |
| Coupon |
2,625% |
2,50% |
0,625% |
| Maturity |
March 15, 2019 |
February 28, 2023 |
August 30, 2026 |
| Listing |
London |
London |
London |
| Joint Bookrunners |
Deutsche Bank, Nordea, SEB |
BNP Paribas, Citigroup, SEB |
Citigroup, Danske Bank, SEB |
| Co-lead Managers |
BNP, Citigroup, Credit Agricole, Danske Bank, Handelsbanken, HSBC |
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