Akelius Fastigheter AB (publ) successfully issues a SEK 420 million three-year bond loan within a frame work amount of SEK 1,000 million

The senior unsecured bond loan of SEK 420 million will be issued on the Swedish market. The bond loan has a floating interest rate of STIBOR (3 months) + 4.75 percentage points with final maturity in 2015. The bond loan has a frame work amount of SEK 1,000 million.

The issue proceeds will be used for general corporate purposes such as investments in existing property portfolio and property acquisitions. Akelius will apply for a listing of the bonds on NASDAQ OMX Stockholm.

Comment by CEO
“The bond loan will bring about further diversification of our funding sources. The proceeds will be employed towards continued upgrading of apartments to Akelius Living, a standard on par with condominiums. The demand for high-quality apartments is very strong and has been increasing continuously over the past few years”, Pål Ahlsén CEO of Akelius Fastigheter comments.  

Swedbank AB (publ) has been arranger in the transaction and has, together with Danske Bank A/S, been financial advisor to the company in the transaction.

AKELIUS FASTIGHETER AB (publ)

For further information, please contact
Pål Ahlsén, CEO, +46 (0)8 566 130 36
Leiv Synnes, Head of Finance, +46 (0)8 566 130 55

About Akelius Fastigheter
Akelius Fastigheter is one of Sweden’s largest private residential companies. As of 31 March 2012, the property portfolio consisted of 95 percent residential properties and the property value amounted to SEK 32 524 million, of which about 2/3 in Sweden and 1/3 in Germany. The company focuses on long-term ownership and continuous upgrading of centrally located residential properties in growth regions. 70 percent of the properties are located in Greater Stockholm, the Öresund region, Berlin and Hamburg.

Akelius Fastigheter AB (publ), Box 104, 182 12 Danderyd, telephone +46 (0)8 566 130 00, reg. no. 556156-0383, e-mail: info@akelius.se, www.akelius.se