Wallenstam issues bonds for SEK 1,750 million

Wallenstam has today carried out a bond issue, divided into three loans, of SEK 1,750 million in total. The first loan of SEK 850 million runs for three years with a fixed interest rate of 0.875 percent, and the second loan of SEK 650 million runs for three years with a floating interest rate of 3M STIBOR + 100 basis points. The third loan of SEK 250 million runs for five years with a floating interest rate of 3M STIBOR + 140 basis points. The bonds are unsecured.

The bonds will be used for future investments and restructuring of the loan portfolio.

The bonds will be listed on Nasdaq Stockholm AB. Svenska Handelsbanken and Nordea Bank have acted as issuing agents.

The issue was carried out within the framework of the MTN program (Medium Term Notes), which was established on November 1, 2017 with the aim of creating a broader and more flexible supply of capital. The program has a framework amount of SEK 5 billion and provides the opportunity to issue bonds in the Swedish market. Svenska Handelsbanken is the lead bank, and Nordea Bank, Svenska Handelsbanken and Swedbank are participating as issuing agents for the MTN program.

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 40 billion and the customer base consists of around 7,700 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable energy through the company Svensk NaturEnergi. The company’s B shares have been listed on Nasdaq Stockholm since 1984.