Magnolia Bostad publishes bond prospectus and applies for admission to trading of the bonds on the sustainable bond list at Nasdaq Stockholm
On 2 October 2020, Magnolia Bostad AB (publ) (the “Company”) issued senior unsecured green bonds in the total amount of SEK 550,000,000 under a framework of SEK 700,000,000 (the “Bonds”). In accordance with the terms and conditions of the Bonds, the Company has applied for admission to trading of the bonds on the sustainable bond list at Nasdaq Stockholm and the first listing day at Nasdaq Stockholm is expected to be on or about 2 November 2020.
In view of the admission to trading, the Company has prepared a listing prospectus which has been approved by the Swedish Financial Supervisory Authority. The prospectus will be available at the Company’s website http://ir.magnoliabostad.se/sites/default/files/Prospectus_Green_Bonds.pdf and the Swedish Financial Supervisory Authority’s website www.fi.se.
For further information, please contact:
Fredrik Westin, CFO, +46 72 720 00 06, fredrik.westin@magnoliabostad.se
Magnolia Bostad AB, CIN 556797–7078, is a leading urban developer that develops new residential properties primarily rental apartments but also tenant-owned apartments, community service properties and hotels, in attractive locations in Sweden's growth areas and major cities. Housing is being developed both for sale and for self-management. Our work is based on a holistic approach where the operations are conducted in a way that promotes long-term, sustainable urban development. Magnolia Bostad's shares (MAG) are listed on Nasdaq Stockholm. More information is available at www.magnoliabostad.se