Nyfosa issues MSEK 750 3-year senior unsecured bonds

Nyfosa AB (”Nyfosa”) has successfully placed MSEK 750 senior unsecured bonds within a total framework amount of up to MDSEK 1.5 with final maturity in May 2022. The company intends to apply for admission to trading of the bonds on Nasdaq Stockholm.

The bonds are issued within a total frame of up to MDSEK 1.5 and has a tenor of three years and a floating interest rate of Stibor 3m + 375 bps. The settlement date is set to May 22, 2019. The proceeds from the bond issue will be used to strengthen the company’s financial position and general corporate purposes, including to increase acquisition readiness and strengthen the conditions for reaching Nyfosa's growth target of annual growth in earnings and property holdings of at least 20 percent, up to a total property value of MDSEK 25. 

SEB and Swedbank have acted as Joint Bookrunners and Gernandt & Danielsson has acted legal adviser in the transaction.

For more information, please contact:  

Jens Engwall, CEO, jens.engwall@nyfosa.se, mobile +46 70 690 65 50
Johan Ejerhed, Head of Finance, johan.ejerhed@nyfosa.se, mobile +46 70 393 98 87

The information was submitted for publication through the agency of the contact person set out above on May 15, 2019 at 3:35 p.m. CEST.

About Nyfosa
Nyfosa is a transaction-based and opportunistic property company. The company’s business concept is based on active participation in the Swedish transaction market combined with an investment strategy that can be flexible to the property market. The goal is to develop and add value to a growing property portfolio while generating sustained high returns. At present, Nyfosa is focusing primarily on commercial properties in Sweden. As of March 31, 2019, Nyfosa owned commercial properties with a total property value of approximately SEK 15.7 billion. The company’s stock is listed on Nasdaq Stockholm since November 2018. Read more at www.nyfosa.se.

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