Genova successfully issues subsequent green senior unsecured bonds of MSEK 100 under outstanding green framework
Summary
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO THE UNITED STATES, GREAT BRITAIN, AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR NEW ZEALAND OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE FURTHER REGISTRATION OR OTHER ACTION UNDER APPLICABLE LAW. Genova Property Group AB (publ) (Genova) has today successfully placed green subsequent senior unsecured bonds of MSEK 100 with maturity on 29 November 2027 under its green bonds framework in a total amount of MSEK 650 with ISIN SE0022725636 (the Green Subsequent Bonds). Following the issuance of the Green Subsequent Bonds, a total nominal amount of MSEK 550 will be outstanding under the framework. Advisors Arctic Securities has acted as arranger and sole bookrunner in respect of the issuance of the Green Subsequent Bonds. As of 30 September 2024, Genova owned properties valued at approximately SEK 9.5 billion and the company held a substantial building rights portfolio.