Kungsleden has issued its first commercial papers
Kungsleden AB (publ) yesterday issued the first papers under the company's new commercial paper program. The first issue amounted to SEK 880 m at an average interest rate of 0.37 percent. The program has a size of SEK 2,000 m and the papers have a maturity up to 12 months."We continue to diversify our funding base by going into the short money market issuing commercial paper. The market for commercial paper is an established source of funding which is especially interesting in today's very low interest rate environment. The low rate on commercial paper means that we can continue to keep our