Loomis AB has issued SEK 1,200 million of Sustainability-Linked Bonds

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The bonds are issued for five years with maturity 30 November 2026. The bonds have a floating interest rate of 3-month Stibor plus 1.35 percentage points. The proceeds will be used for general corporate purposes and to refinance loans. The bonds will be listed on the Nasdaq Stockholm Sustainable Bond List.

 

The sustainability-linked bonds are issued under Loomis’ recently updated MTN program and under Loomis' newly established Sustainability-Linked Financial Framework, which was published, on www.loomis.com, in November 2021. Sustainalytics concludes, in its second opinion verification of the framework, that Loomis 'objectives are ambitious and aligned with Loomis' sustainability strategy. In addition, the framework is in line with the principles of "Sustainability-Linked Bond Principles 2020" and "Sustainability-Linked Loan principles 2021".

 

Loomis has linked the sustainability-linked bonds to the outcome of a sustainability target to reduce Loomis’ absolute carbon dioxide emissions with 20 percent by 2025, compared to the 2019 level.

 

Nordea structured the Sustainability-Linked Financial Framework and Danske Bank and Nordea jointly acted as bookrunners for this issue.

Kristian  Ackeby
CFO

Mobile: +46 70 569 69 98   
Email: kristian.ackeby@loomis.com

Anders Haker
Chief Investor Relations Officer

Mobile: +1 281 795 8580
Email: anders.haker@loomis.com

Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, merchants and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 23,000 people and had revenue in 2020 of approximately SEK 18.8 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.