Klövern AB (publ) has issued SEK 200 million of additional senior unsecured green bonds under the company’s green bond loan (ISIN SE0011063163) with final maturity in April 2022 and a framework amount of SEK 2,500 million.
Total outstanding volume after the issue amounts to SEK 2,500 million. The bonds have a floating interest rate of three months STIBOR + 400 basis points.
The issue proceeds will be used in accordance with Klövern’s green bond framework and the company will apply for the new bonds to be listed on Nasdaq Stockholm’s Sustainable Bond List.
“It is gratifying that the interest among investors for Klövern’s green bond loan is strong and that the framework has now been fully utilized,” says Jens Andersson, Head of Finance of Klövern.
Swedbank has acted as Bookrunner in connection with the new bond issue. Walthon Advokater has been legal adviser.
Source Nasdaq