Fabege becomes co-owner of new finance company with MTN programme of SEK 8,000m
Via the jointly owned finance company Nya Svensk FastighetsFinansiering AB, Fabege will efficiently reach the capital market via covered Medium Term Note (MTN) programmes. This is a way of broadening the base of the company’s borrowing structure.
Nya Svensk FastighetsFinansiering AB is owned by Catena AB, Diös Fastigheter AB, Fabege AB, Platzer Fastigheter Holding AB and Wihlborgs Fastigheter AB, each of which hold a 20-per cent share. The company will commence its financing operations at the beginning of February 2015.
“Through Nya Svensk FastighetsFinansiering AB, Fabege will gain access to a new source of financing that can be utilised as a supplement to the current borrowing structure,” comments Christian Hermelin, CEO of Fabege.
Fabege AB (publ)
For further information, please contact:
Christian Hermelin, President and CEO of Fabege, tel: +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, Deputy CEO and CFO, tel: +46 (0)8-555 148 29, +46 (0)706-66 13 80
This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 9:00 a.m. (CET) on 12 January 2015.
Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly on letting and managing office premises and property development. Fabege owns properties with a carrying amount of SEK 33.3bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.3bn and lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq Stockholm, Large Cap segment.