The main objectives of L&T’s Group Treasury are to ensure a sufficient and cost-efficient financing at all times and the management of financial risks. The principals of L&T’s treasury operations and financial risk management are defined in Treasury Policy approved by the Board of Directors.
Commercial paper programme: EUR 100 million was unused on 31 December 2016
Banks: Nordea, Danske, OP-Pohjola
Unsecured bond: EUR 30 million, maturing on 15 September 2019
Long-term loans 31.12.2016
Maturity structure of long-term loans 31.12.2016