Sollentuna Stinsen JV AB inquire about the prospects of issuing new corporate bonds

Sollentuna Stinsen JV AB (the "Company") inquire about the prospects of issuing senior secured corporate bonds under its outstanding 2017/2020 bond loan framework.

On 29 June 2017, the Company issued senior secured bonds of SEK 300 million within a framework of in total SEK 400 million (ISIN: SE0010100966). 

The Company has mandated Danske Bank A/S, Danmark, Sverige Filial as financial advisor in order to inquire about the prospects of issuing subsequent senior secured corporate bonds within the existing bond loan framework, conditional on prevailing market conditions and the ultimate decision by the Company.

If completed, proceeds from the potential transaction are to be used for general corporate purposes.

For more information, please contact:
Rickard Langerfors, CEO, Sollentuna Stinsen JV AB
+46 70 239 35 35, rickard.langerfors@magnoliabostad.se

The information Sollentuna Stinsen JV AB publishes in this report is required in accordance with the EU Market Abuse Regulation (EU) No 596/2014. The information was submitted for publication, through the agency of the contact person above, on 20 November, 2018 at 10.50 a.m. CET. 

Sollentuna Stinsen JV AB (559085-9954) is a joint venture between Magnolia Projekt 36 AB and the pension company Alecta pensionsförsäkring, mutually, and was formed in 2016 to develop the property Sollentuna Stinsen 2.The company is located at Sturegatan 6, Stockholm.

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