Wallenstam has issued a green bond of SEK 500 million
Wallenstam yesterday issued a green bond under its green framework and MTN program. The issue consists of SEK 500 million with a maturity of two years and with a variable interest rate of 3M STIBOR + 60 basis points. The bond is unsecured.
Like the last issue, the bond proceeds will be used for refinancing of Wallenstam’s 66 wind turbines.
“It is very gratifying that demand for our bonds remains strong,” says Hans Wallenstam, CEO.
The bond will be listed on Nasdaq Stockholm Sustainable Bonds List. Svenska Handelsbanken has acted as issuing agent.
The green framework, among other things, describes what types of projects and assets that can be financed using green bonds. The framework was reviewed by the independent research institute Cicero (Center for International Climate Research) and obtained the highest rating, Dark Green.
More information about Wallenstam’s green bonds is available at www.wallenstam.se/greenbonds.
For further information:
Susann Linde, CFO and Head of Investor Relations Wallenstam AB (publ) tel. 46 31 20 00 00 or 46 705 17 11 34
www.wallenstam.se
Wallenstam is a property company that manages, builds and develops properties for sustainable living and enterprise in Stockholm, Gothenburg and Uppsala. The property holding is valued at around SEK 49 billion and the customer base consists of around 9,000 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable energy through its own wind turbines in operation. The company’s B shares have been listed on Nasdaq Stockholm since 1984.