Balder completes previously announced issues on the European capital market
Fastighets AB Balder (publ) has today issued EUR 850 million on the European capital market. EUR 500 million was issued as a senior unsecured bond with maturity 2026 at a fixed interest rate of 1.95 % and EUR 350 million as a hybrid capital security with a fixed interest rate of 3.13 %. The proceeds from the bond issue of EUR 500 million will be used to repay secured debt. The issue of the hybrid capital security means that Balder now intends to retire all outstanding preference shares. Redemption can take place after a resolution at a extra general meeting. For further