Portland, Ore., Feb. 6 – Klovern AB announced in a Wednesday press release that it priced a SEK 400 million add-on to its floating-rate green bonds that mature in April 2022.
The bonds bear interest at a rate of three-month Stibor plus 400 basis points.
Nordea ran the books.
Klovern is a Stockholm-based real estate company.
Issuer: | Klovern AB (publ)
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Amount: | SEK 400 million
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Maturity: | April 2022
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Securities: | Add-on to floating-rate green bonds due April 2022
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Bookrunner: | Nordea
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Coupon: | Three-month Stibor plus 400 bps
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Format: | Green bond framework
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Total issue size: | SEK 2.3 billion
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Listing: | Nasdaq Stockholm (pending)
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