Kungsleden has issued a green bond with a long maturity
Kungsleden has under its current MTN program issued a green bond of SEK 400 million with a seven year maturity.
The bond was issued at a fixed rate of 1,963%, corresponding to a margin above Stibor of 1.45%. At the same time, Kungsleden has repurchased short-term bonds with maturity as of March 2022 for a total amount of SEK 200 million.
“We are pleased with the great investor interest in Kungsleden's green bonds. We see the fact that we can borrow on long maturities in the Swedish bond market as very positive as we aim to maintain a long capital duration over time," says Ylva Sarby Westman, Deputy CEO and CFO at Kungsleden.
Kungsleden has significantly increased the share of green funding in recent years. At present, the share of green financing represents about 41% of the total loan portfolio. The ambition is that all funding shall be green or sustainable.
For more information, please contact:
Ylva Sarby Westman, Deputy CEO and CFO Kungsleden, +46 70 690 65 97 firstname.lastname@example.org
Anna Trane, Head of Corporate Communications Kungsleden, +46 708 84 74 69 email@example.com
Fredrik Sandell, Head of Treasury Kungsleden, + 46 70 690 65 67, firstname.lastname@example.org
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