Gällöfsta Utbildningscentrum

In 1999, the Debt Office issued a credit guarantee to the foundation Stiftelsen Gällöfsta Utbildningscentrum on the Government's commission.

The foundation, for which the Ministry of Defence has financial responsibility, conducts educational activities and conferences. The credit guarantee refers to the foundation's loan for investments in the facility. It was issued when the foundation went from being financed via appropriations to running their operations under market conditions.

To start with, the credit guarantee amounted to SEK 13.5 million. As of 30 June 2015, we guaranteed SEK 9.7 million. The loan must be repaid in 2029 when the guarantee expires.