Genova successfully completes issue of subsequent green hybrid bonds in the amount of SEK 100 million under outstanding green framework
Genova Property Group AB (publ) (“Genova”) has today successfully issued subsequent green hybrid bonds in the amount of SEK 100 million under its outstanding green finance framework of SEK 1,250 million (the “Green Hybrid Bonds”). After the issue of the Green Hybrid Bonds, a total amount of SEK 800 million will be outstanding under the green finance framework. The Green Hybrid Bonds carry a perpetual tenor and was issued at a price of 100,25% of nominal amount representing ca. 3 months STIBOR plus 668 basis points. The net issue proceeds of the Green Subsequent Bonds will be used in