Eastnine has successfully issued a senior unsecured green bond

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Eastnine AB (publ), (“Eastnine” or the “Company”) has successfully issued a senior unsecured green bond in the amount of EUR 45 million, under a framework of EUR 100 million (the “Bond”). The issue received strong interest from both Nordic and European institutional investors.

The Bond carry a floating rate interest of 3-months EURIBOR plus 500 basis points per annum and mature in July 2024. The Company intends to apply for listing of the Bond on the sustainable bond list of Nasdaq Stockholm and on the Frankfurt Stock Exchange Open Market.

The net proceed from the bond issue is to be used in accordance with Eastnine's green financing framework, which means financing or refinancing of assets and projects that in part or in full promote the transition to low-carbon and climate resilient growth. The green financing framework, which has been established pursuant to the industry standard Green Bond Principles, developed by the International Capital Market Association (ICMA), has undergone an evaluation by an independent third party, CICERO Shades of Green and has obtained the highest possible rating, “Dark Green”. Skandinaviska Enskilda Banken AB (publ) has acted as advisor to Eastnine in establishing the green financing framework.

Skandinaviska Enskilda Banken AB (publ) and Pareto Securities AB have jointly acted as arrangers and bookrunners in connection with an issue of the Bond. Gernandt & Danielsson Advokatbyrå KB has acted as legal advisor.

“We are pleased that interest in Eastine's bond has been great and that the company's green focus is appreciated by investors. The issue of our first bond broadens the capital base and we expect that the capital market will be a natural part of our total financing in the future”, says Eastnine’s CEO, Kestutis Sasnauskas.

Eastnine AB (publ)

For more information contact:

Kestutis Sasnauskas, CEO, +46 8 505 97 700
Britt-Marie Nyman, CFO and Deputy CEO, +46 70 224 29 35

Visit www.eastnine.com

Eastnine AB is a Swedish real estate company with a property value of EUR 374m and a long-term net asset value of EUR 329m as of 31 March 2021. Eastnine’s vision is to create and provide prime venues where ideas can flow, people can meet, and successful business can be developed. The mission is that Eastnine shall be the leading long-term provider of modern and sustainable office and logistics premises in prime locations in the Baltics. Eastnine is listed on Nasdaq Stockholm Mid Cap, sector Real Estate.

This information is information that Eastnine AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 6.00 p.m CEST on 30 June 2021.