Press releaseMarch 29 2021

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 ylva.sarby.westman@kungsleden.se
Anna Trane, Head of Corporate Communications Kungsleden, +46 708 84 74 69 anna.trane@kungsleden.se

Fredrik Sandell, Head of Treasury Kungsleden, + 46 70 690 65 67, fredrik.sandell@kungsleden.se

We are people that create places and experiences for people. By developing and managing attractive and sustainable places, we offer people a better and more inspiring work experience. We are a long-term property owner focused on commercial properties in Sweden’s growth regions. As of 30 September 2020, we owned 211 properties with a total value of SEK 39,872 million. Kungsleden (KLED) is listed on the Nasdaq Stockholm Large Cap. Read more at www.kungsleden.se

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Anna Trane

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