D. Carnegie & Co has issued bonds of MSEK 1,000

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – has issued senior unsecured bonds in the amount of MSEK 1,000 with a tenor of three years. The bonds will carry a floating interest rate of 3m STIBOR + 400 basis points with final maturity in April 2019. The framework amount of the bonds is MSEK 1,000.

The proceeds from the issue, together with the proceeds of 474 MSEK before transaction costs from the equity issue which was conducted on 5 April 2016, will as previously announced be used for repayment of convertible subordinated loans (including payment of a market-based compensation for the option value related to the convertible subordinated loans) to Svensk Bolig Holding AB and repayment of a vendor note to Svensk Bolig Holding AB.

D. Carnegie & Co will apply for the bonds to be listed on Nasdaq Stockholm.

Swedbank AB (publ) has acted as sole financial advisor and arranger in connection with the bond issue.

For more information, please contact:
Ulf Nilsson, CEO D. Carnegie & Co AB, phone. +46 (0)8 – 121 317 25

Important information
The release, announcement or distribution of this press release may in certain jurisdictions be restricted. The recipient of this press release is responsible for using the information in this press release in accordance with the applicable law in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in D. Carnegie & Co AB (publ) in any jurisdiction, neither of D. Carnegie & Co AB (publ), Swedbank AB (publ) or any other party. D. Carnegie & Co AB (publ) is required to disclose the above information pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09:00 a.m. CEST 14 April 2016.


About Us

About D. Carnegie & Co D. Carnegie & Co is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the Bosystem renovation method which, among other things, means that no evacuation needs to take place. In addition to this, the company creates value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to SEK 15,887 million as of September 30 2016. The total annual rental value amounted to SEK 1,366 million as of September 30 2016. The economic occupancy rate is high – vacancies are virtually non-existent. D. Carnegie & Co is listed on Nasdaq Stockholm.


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