Hufvudstaden has successfully completed its first issue of green bond loans totalling SEK 1 billion within the framework of the existing MTN program, which was recently increased to SEK 12 billion.
The bond loan was issued with a term of 5 years with the maturity October 14, 2026 and runs with an annual fixed interest rate of 1.293%. The issue proceeds will be used in accordance with Hufvudstaden's green framework.
“We are very pleased with the positive reception of our first green bond. Sustainability work is well integrated into Hufvudstaden's operations, and the issue is an important step in achieving our high sustainability goals, ”says Ivo Stopner, President, Hufvudstaden.
The bond will be listed on the Nasdaq Stockholm Sustainable Bond List. Handelsbanken has been an advisor in the development of the green framework and also arranged the issue.
Stockholm, October 8, 2021
HUFVUDSTADEN AB (publ)
Ivo Stopner
President
Questions can be answered by: Ivo Stopner, President, or Asa Roslund, CFO, on +46 (0)8 762 90 00.
Pressrelease Hufvudstaden has issued its first green bond
