Kungsleden continues to borrow green with attractive pricing
Kungsleden has under its current MTN program increased an existing green bond with MSEK 300. The bond was issued at a rate of 101.166%, corresponding to a margin above Stibor of 1.30%. The bond matures in January 2027.
“Investor interest for Kungsleden's green bonds continues to be very strong. Since January 2020 we have issued SEK 3.2 billion, the majority in green bonds, on longer maturities and with attractive pricing. It is very satisfying that we are back on a pricing that was prevailing before the pandemic," says Ylva Sarby Westman, Deputy CEO and CFO at Kungsleden.
Kungsleden has significantly increased the share of green funding in recent years. At present, the share of green financing represents about 40% of the total loan portfolio. The ambition long term is that all funding shall be green.
For more information, please contact:
Ylva Sarby Westman, Deputy CEO and CFO Kungsleden | +46 70 690 65 97 | ylva.sarby.westman@kungsleden.se’
Anna Trane, Head of Corporate Communications Kungsleden | +46 708 84 74 69 | anna.trane@kungsleden.se
About Kungsleden. We are people that create places and experiences for people. By developing and managing attractive and sustainable places, we offer people a better and more inspiring work experience. We are a long-term property owner focused on commercial properties in Sweden’s growth regions. As of 30 September 2020, we owned 211 properties with total value of SEK 39,872 million. Kungsleden (KLED) is listed on the Nasdaq Stockholm Large Cap. Read more at www.kungsleden.se