Investment AB Latour issues green bonds

Today Investment AB Latour issued the first two green bonds following the recent publication of its framework for green financing in accordance with the EU taxonomy and the proposed European Green Bond Standard. The green bonds amount to a total of SEK 700 m, under the existing MTN program.

The first bond loan amounts to SEK 450 m with a tenor of 4 years and matures on 10 June, 2026, and carries a floating interest rate of three months STIBOR + a margin of 1.00 per cent annually.

The second bond loan amounts to SEK 250 m with a tenor of 4 years and matures on 10 June, 2026, and carries a fixed interest rate of 3.43 per cent annually.

Handelsbanken and SEB have arranged the issuances.

Immediately after the issuances, Latour entered into two swap contracts which means that Latour’s debt will be converted to Euro with an interest rate converted to a floating EUR-based interest rate (currently about 0.60 per cent).

Göteborg, June 2, 2022

INVESTMENT AB LATOUR (PUBL)
Johan Hjertonsson, CEO

For further information, please contact:
Johan Hjertonsson, President and CEO Latour, +46 702 29 77 93
Anders Mörck, CFO Latour, +46 706 46 52 11

Investment AB Latour is a mixed investment company consisting primarily of a wholly-owned industrial operations and an investment portfolio of listing holdings in which Latour is the principal owner or one of the principal owners. The investment portfolio consists of ten substantial holdings with a market value of about SEK 71 billion. The wholly-owned industrial operations have an annual turnover of about SEK 19 billion.