By Taylor Fox
New York, Feb. 3 – Klovern AB priced SEK 2.5 billion of senior green bonds due Feb. 10, 2025, with a coupon of Stibor plus 325 basis points, according to a news release.
The bonds were sold under the company’s medium-term note program.
Klovern intents to apply for listing of the bonds on the sustainable bond list of Nasdaq Stockholm.
Klövern is a Stockholm-based real estate company.
| Issuer: | Klovern AB
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| Issue: | Senior green bonds
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| Amount: | SEK 2.5 billion
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| Maturity: | Feb. 10, 2025
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| Coupon: | Stibor plus 325 bps
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| Announcement date: | Feb. 3
|
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