Kungsleden contemplates issuance of a first green bond
Kungsleden AB (publ.) (”Kungsleden”) has appointed SEB and Swedbank to arrange a series of fixed income meetings in Stockholm 13 March 2018 with respect to the company’s recently established framework for green bonds under the current MTN-programme.
A SEK-denominated senior unsecured benchmark transaction with a tenor of 4-5 years will follow, subject to market conditions.
Kungsleden has a clear sustainability profile and sustainability is a clear and integrated part of the company’s business. Sustainability is also included in the company’s vision: To create attractive and sustainable places that enrich people's working days.
Kungsleden’s sustainability goals include five areas: Environment, Diversity, Social Responsibility, Business Ethics, as well as Health and Safety. As part of Kungsleden's long-term strive to actively reduce the use of finite resources and reduce the negative environmental impact the company has set ambitious goals including reduced energy usage and certification of the property portfolio. Kungsleden’s ambition is to certify all properties by year 2025 and will strive to finance all green assets with green financing. SEB has acted as advisor regarding the establishment of the framework for green bonds and Second Opinion.
“Sustainability permeates Kungsleden’s vision and business model. Therefore it is a natural step to incorporate sustainability aspects into our financial strategy. Through the issuance of green bonds we can broaden our offer to credit investors.” says Kungsleden’s CEO Biljana Pehrsson.
For more information, please contact:
Biljana Pehrsson, CEO of Kungsleden | 46 (0) 503 052 04 |
biljana.pehrsson@kungsleden.se
Anders Kvist, Deputy CEO and CFO of Kungsleden | 46 (0) 503 052 11 |
anders.kvist@kungsleden.se
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden
The information was provided for public release on March 9, 2018 at 09:00 a.m.
Kungsleden is a long term property-owner that provides attractive, functional premises that enrich people’s working days. We create value by owning, managing and developing offices and other commercial properties in Stockholm and Sweden’s other growth regions. A large portion of our properties belong to attractively located clusters where we also engage in the development of the whole area. Kungsleden’s goal is to deliver an attractive total return on our properties and for our shareholders. Kungsleden is listed on NASDAQ Nordic Large Cap.
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