Kungsleden to issue green bond of SEK 750 million
Under its MTN programme, Kungsleden has issued a new green five-year bond for a nominal amount of SEK 750 million. Kungsleden will also repurchase the short-term bonds that fall due for payment in 2021 for a total nominal amount of SEK 412 million.The bond, whose final maturity date is 27 August 2025, was raised at a floating rate of Stibor 3 months +1.67 per cent and with this issue Kungsleden is establishing a new lower price point in the market.
“The favourable outcome of the issue shows that investors have started to return to the bond market and that there is