Wallenstam green bonds listed at Nasdaq Stockholm
As previously announced, the Board of Wallenstam AB (publ) (”Wallenstam”) has taken the decision to list bonds at the Nasdaq Stockholm. Nasdaq Stockholm has approved Wallenstam’s application for admission to trading and the first day of trading for the bonds is today, 27 June 2016.
On 20 May 2016, Wallenstam announced the issue of an unsecured bond that will run for two years and mature in May 2018 aimed at refinancing wind turbines in the subsidiary Svensk NaturEnergi, which produces electricity through wind power.
The bond loan amounts to SEK 400 million and will run subject to an annual rate of 3M STIBOR + 0.95%. On 21 June 2016, Wallenstam published a prospectus and announced that the company had applied for admission to trade the bonds at Nasdaq Stockholm. Nasdaq Stockholm has approved Wallenstam’s application for admission to trading and the first day of trading for the bonds is today, 27 June 2016.
The prospectus concerning the bonds is available on the Wallenstam website at www.wallenstam.se/obligationslan.
Wallenstam AB (publ) is required to make this information public under the provisions of the Swedish Financial Markets Act and the Swedish Financial Instruments Trading Act. This information was released for publication on June 27, 2016 at 08.00 CET.
For further information, please contact:
Ulf Ek, Finance Director Wallenstam AB (publ) tel. +46 31 20 00 00 or +46 705 17 11 37
Susann Linde, CFO and IR Director Wallenstam AB (publ) tel. +46 31 20 00 00 or +46 705 17 11 34
Wallenstam is a growing property company that manages, builds and develops properties for sustainable living and enterprise in Gothenburg and Stockholm. The property holding is valued at around SEK 33 billion and the customer base consists of just over 7,500 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable energy through the company Svensk NaturEnergi. The company’s B shares have been listed on Nasdaq Stockholm since 1984.