Portland, Ore., Feb. 14 – Klovern AB announced in a Thursday press release that it priced a SEK 200 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.
Swedbank ran the books.
The Stockholm-based real estate company stated that it will use the proceeds in accordance with its green bond framework.
| Issuer: | Klovern AB
|
| Amount: | SEK 200 million
|
| Maturity: | April 2022
|
| Security description: | Add-on to senior green bonds due April 2022
|
| Bookrunner: | Swedbank
|
| Coupon: | Stibor plus 400 bps
|
| Announcement date: | Feb. 14
|
| Listing: | Nasdaq Stockholm Sustainable Bond List (pending)
|
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