Cederquist has assisted Nivika Fastigheter AB (publ) in connection with its issuance of SEK 400 million senior unsecured green bonds

The bonds carry a floating rate of three-months STIBOR plus 325 basis points with a tenor of 3.25 years. The net proceeds from the green bonds are intended to be used in accordance with the company’s recently established green framework.

Nivika is a real estate company in Småland with focus on long-term ownership, property management and efficient new development to create profitable and sustainable value growth. The diversified real estate portfolio amounts to app. SEK 11 billion, of which two-thirds of the rental value is commercial real estate and one-third residentials.

Cederquist’s team consisted of Per Henriksson, Camilla Hedner, Mohamed Mustapha and Sofia Eriksson.