Akelius prefers long-term financing
Akelius intends to issue a senior unsecured bond maturing in February 2030.
The expected volume is EUR 500 million.
The issuing entity is Akelius Residential Property Financing B.V.
Akelius Residential Property AB guarantees the bond.
The bond is expected to have a rating of BBB by Standard and Poor’s.
BNP Paribas, Danske Bank, and Swedbank are the arrangers.
The deal will be launched in the near future,
subject to market conditions.
In connection with this,
Akelius exercises its right to redeem all outstanding
EUR 600 million bonds due 23 January 2022,
ISIN: XS1523975859.
Stockholm, 2021-02-09
Leiv Synnes
CFO, Vice President
+46 70 558 55 23
leiv.synnes@akelius.se
This information is information that Akelius Residential Property AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency of the contact person set out above, at 09:35 am CET on February 9, 2021.
Akelius Residential Property AB’s D-shares are listed on Nasdaq First North Growth Market Stockholm.
Avanza Bank is the Certified Adviser of the company, ca@avanza.se, +46-8-409 421 20.
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