Bergvik Skog’s forest assets are valued at approximately SEK 37 billion after deduction of deferred tax through a present value calculation of future cash flow.
These are mainly funded by SEK 28 billion in venture capital and SEK 9 billion in loans from financial institutions and capital markets. The risk capital is divided between equity of SEK 24 billion and a subordinated debenture loan of SEK 4 billion.
Bergvik Skog has a total credit guarantee of SEK 10 billion from three Nordic banks. The credit promise is divided into four loans with remaining maturities of 4, 3, 2 and 1 respectively. In order to reduce interest rate risk, Bergvik Skog has entered into an agreement on interest rate protection of SEK 4 billion.