Hemsö borrows SEK 2.7 billion with focus on sustainable financing

During the first quarter of 2022, Hemsö has issued sustainable bonds in the amount of SEK 1.4 billion and has borrowed the equivalent of SEK 1 billion from the European Investment Bank (EIB). In addition, SEK 300 million has been issued in traditional bonds.

Of the total amount, SEK 1.7 billion was issued in the Swedish bond market with maturities between 2 and 4 years. The loan with the EIB is denominated in euros with a fixed interest rate for 15 years. The loan proceeds will primarily be used for sustainable investments within the framework of the facility with the EIB and in accordance with Hemsö's framework for sustainable bonds.

“Our sustainable financing diversifies the company's funding and supports Hemsö's sustainability work with a focus on energy efficiency and social infrastructure,” says Rutger Källén, CFO and Deputy CEO, at Hemsö.

For more information, please contact:

Rutger Källén, CFO and Deputy CEO                       +46 (8)-501 170 35
 

Hemsö is Sweden’s leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund (AP3) is the majority owner. The total value of Hemsö’s property portfolio is SEK 75.7 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015 while it has an A+ rating from Fitch Ratings since March 2021. More information can be found at: www.hemso.se.

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