The bonds have a tenor of three years and bear a floating interest rate of 3 months STIBOR plus 310 basis points. The net proceeds are used in accordance with the Company’s green bond framework including financing the repurchase of certain of the Company’s outstanding bonds as part of a tender offer.
The Company is a real estate company that acquires, develops and manages high-yielding commercial properties in southern Sweden as its core market. The Company’s ordinary and preference shares are listed on Nasdaq Stockholm.
Cederquist’s team consisted of Per Henriksson, Camilla Hedner and Mohamed Mustapha.