Fabege has signed a green borrowing agreement for SEK 1.6bn with Brunswick Real Estate

Fabege’s goal is to increase fixed-term maturity in order to reduce the financial risk.  The loan runs for just over nine years and thus contributes in a very positive way to the company’s fixed-term maturity, while the company’s sources of financing are increasing.

 “We’re happy to have received a further green financing option that also runs for a longer period than most banks can offer,” says Åsa Lind, Head of Treasury at Fabege.

The company is striving for a balance between different forms of financing on both the capital and banking markets, with long-term relationships with the major financiers having high priority. This approach was further cemented during the period of instability that characterised the bond market at the end of 201

 “Within Brunswick’s asset management, we work actively on sustainability and long-term investments. For this reason it’s incredibly exciting to be able to implement this financing with a long loan period and a borrower that is at the forefront of sustainability work,” says Aksel Lundquist, Fund Manager, Brunswick Real Estate.

Fabege’s fixed-term maturity amounts to 5.0 years and the proportion of green financing is 60 percent and year-end.

For further information, please contact:
Åsa Lind, Head of Treasury, +46 (0)8 55 148 08, +46 (0)73 387 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

Tags: