Genova considers issuance of green capital securities and redemption of preference shares
Genova Property Group AB (publ) (the “Issuer” or “Genova”) has mandated ABG Sundal Collier AB (“ABG Sundal Collier”) and Swedbank AB (publ) (“Swedbank”) as joint bookrunners to arrange fixed income investor meetings commencing on 24 February 2021, to investigate the possibility to issue new subordinated perpetual floating rate callable green capital securities in the amount up to SEK 700m, under a framework of SEK 1,250m (“New Capital Securities”). A capital market transaction may follow, subject to, inter alia, market conditions. The Green Finance Framework has been established in