SAGAX ISSUES A 8 YEAR BOND LOAN IN THE EUROPEAN CAPITAL MARKET
AB Sagax (publ) has, as part of its EMTN programme, issued an unsecured bond loan of EUR 300 million in the European capital market. The bond loan has a duration of 8 years with maturity on 17 May 2029. The fixed interest coupon is 1.00 per cent.
The bond loan will be used to refinance existing liabilities and the company’s operating activities.
For further information, please contact CEO David Mindus, tel +46 8 545 83 540.
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.
This constitutes information that AB Sagax (publ) is legally obliged to publish under the EU’s Market Abuse Regulation. The information was released for publication, through the agency of the contact person above, on 6 May 2021 at 4:45 p.m. CEST.
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.