Selvaag Bolig has good long-term bank relationships and DNB, Handelsbanken, SR-Bank, SMN and Nordea are its primary bank partners. The group also has credit arrangements with other Norwegian banks and debt related to land repurchase agreements and seller credits with Urban Property.
|Loan facility||Maturity||Interest margin||Credit limit||Drawn|
|Revolving credit facility from DNB||2025||2.5% - 3.0%||NOK 300 million|
|Working capital facility from DNB||2023||2.1%||NOK 150 million|
|Land loans from various Nordic credit institutions||2024 - 2026||1.5% - 2.95%||NOK 200 million|
|Construction loans from various Nordic credit institutions||2023 - 2025||1.65% - 2.4%||NOK 1 472 million|
|Debt to Urban Property||3,75% + additional fees||NA||NOK 491 million|