Via a jointly owned company, Fabege issues bonds under a new MTN programme with a limit of SEK 5,000m

Through the jointly owned finance company, Svensk FastighetsFinansiering AB (SFFAB), Fabege is exercising the opportunity to raise SEK 289m by issuing a three-year bond in the capital market. SFFAB’s first issuance takes the form of a three-year bond totalling SEK 650m, with a fixed interest rate of 3.65 per cent (SEK 400m) and an FRN loan (SEK 250m). The bonds are covered by means of deeds on the company’s properties.

Fabege, Wihlborgs, Peab and Brinova jointly own Svensk FastighetsFinansiering AB. Fabege’s ownership interest in the company amounts to 30 per cent. By offering alternative financing, the intention is to broaden the base for the company’s borrowing structure.

“Through SFFAB, Fabege has access to a new source of financing that can be utilised for forthcoming transactions and investments,” comments Christian Hermelin, CEO of Fabege.

Fabege AB (publ)

For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8 555 148 25, 46 (0)73 387 18 25
Åsa Bergström, Deputy CEO and CFO, phone 46 (0)8 555 148 29, 46 (0)70 666 13 80

This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 3:00 pm CET on 13 December 2011.

Fabege AB (publ) is one of Sweden’s leading property companies focusing on commercial premises. The carrying amount of the company’s property portfolio is approximately SEK 28.7bn. The portfolio is concentrated to the Stockholm region and has an annualised rental value of SEK 2.1bn and a lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm, Large Cap segment.

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