By Devika Patel
Knoxville, Tenn., July 5 – Samhallsbyggnadsbolaget i Norden AB priced SEK 500 million of three-year senior unsecured floating-rate green bonds, according to a June 26 press release.
The coupon will be equal to Stibor plus 120 basis points.
Proceeds will be used in accordance with the company’s green bond framework.
Nordea acted as bookrunner.
The Stockholm-based company owns, manages and develops community service properties throughout the Nordic region and rental apartments in growth regions in Sweden.
| Issuer: | Samhallsbyggnadsbolaget i Norden AB
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| Securities: | Senior unsecured callable floating-rate green bonds
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| Amount: | SEK 500 million
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| Maturity: | Three years
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| Coupon: | Stibor plus 120 bps
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| Bookrunner: | Nordea
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| Announcement date: | June 26
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