SAGAX COMPLETES TAP ISSUE OF BOND LOAN 2021/2028
AB Sagax (publ) has, as under its EMTN programme, issued senior unsecured bonds of EUR 100 million with maturity in 2028. The issue is part of bond loan 2021/2028 (ISIN XS2291340433) with an aggregate amount of EUR 500 million after the tap issue.
The bonds were issued at a price of 99,364 per cent which corresponds to a fixed annual yield of 0.85 per cent.
The proceeds will be used to refinance existing liabilities and for the company’s operating activities.
For further information, please contact CEO David Mindus, telephone +46 8 545 83 540.
About Sagax
AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. Sagax’s property holdings at 31 March 2021 amounted to 3,544,000 square meters, distributed between 681 properties. AB Sagax (publ) is listed on Nasdaq Stockholm, Large Cap. More information is available at www.sagax.se.
Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.
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