Fabege expands its green MTN programme from SEK 5bn to SEK 8bn
In April 2016, Fabege established an MTN programme of SEK 2bn subject to special conditions with regard to sustainability and the environment. In September 2017, Fabege extended the programme to SEK 5 bn. Now, Fabege has decided to further increase the framework to SEK 8bn. Updated prospectus is available on the company's website and is approved by Finansinspektionen (Sweden's financial supervisory authority). The base prospectus is updated annually.
Demand for green bonds to finance environmental and sustainable assets continue to grow. The green MTN programme enables Fabege to offer investors the opportunity to participate in financing selected sustainable properties via bonds issued by Fabege under the remit of the programme. The present framework of SEK 5bn is today fully subscribed.
The programme has been developed and expanded in cooperation with Handelsbanken and Mannheimer Swartling Advokatbyrå. The green conditions are an integral part of the programme and all bonds issued under the programme are green. Issued bonds are listed on the Nasdaq Stockholm Sustainable Bonds List. Distributors of the programme include Handelsbanken, Swedbank, Nordea and SEB.
- “We’re delighted about the continued strong demand for our green bonds and our increased green financing opportunities. Half of Fabege's funding is now green and we are positively observing the increasingly responsible financial market.,” commented Åsa Lind, Head of Treasury, Fabege.
Further information about the green MTN programme is available on Fabege’s website; fabege.com/greenmtn
Fabege AB (publ)
For further information, please contact:
Åsa Bergström, Vice President and CFO, tel +46 (0)8-555 148 29, +46 (0)706-66 13 80
Åsa Lind, Head of Treasury, tel +46 (0)8-555 148 08, +46 (0)733-87 18 08
Fabege is a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment. For more information, www.fabege.com
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