New York, March 27 – Klövern AB priced SEK 900 million of green bonds due April 2022 with a coupon of Stibor plus 400 basis points, according to a news release.
Danske Bank, Nordea and Swedbank were the bookrunners, and Swedbank advised on the green bond framework.
Proceeds will be used in accordance with the company’s green bond framework.
Klövern is a Stockholm-based real estate company.
| Issuer: | Klövern AB
|
| Issue: | Green bonds
|
| Amount: | SEK 900 million
|
| Maturity: | April 2022
|
| Bookrunners: | Danske Bank, Nordea, Swedbank
|
| Coupon: | Stibor plus 400 bps
|
| Announcement date: | March 27
|
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