Genova completes subsequent issue of green senior unsecured bonds due 2024 and amends and restates the terms and conditions for its existing senior unsecured bond due 2024
Genova Property Group AB (publ) (“Genova”) has today successfully placed subsequent senior unsecured green bonds in the amount of SEK 250m due 9 September 2024 (the “Subsequent Green Bonds”) under the existing framework of SEK 750m with ISIN SE0014808820 (the “Bond”). Following the issue of Subsequent Green Bonds, SEK 650m will be outstanding. The Subsequent Green Bonds will be issued at a price of 101% of nominal amount corresponding to a coupon of 3 months STIBOR plus approximately 415 basis points. Genova intends to apply for listing of the Subsequent Green Bonds on the sustainable bond