Klövern AB (publ) issues a three-year unsecured bond loan on the Swedish market. The bond loan has a variable interest of three-month STIBOR plus 4.00 per cent with final maturity in 2015.
The issue settlement will be used for general corporate purposes including acquisitions. Klövern will apply for the bond to be listed on NASDAQ OMX Stockholm.
“Interest in other forms of financing has increased as liquidity in the banking system has diminished”, says Rutger Arnhult, CEO Klövern. “We are very satisfied with the interest in Klövern’s bond and can definitely think of using this possibility again.”
Swedbank Corporate Finance has acted as financial advisor to Klövern in connection with the bond issue.
Nyköping, 23 February 2012
Klövern AB (publ)
For further information, please contact:
Rutger Arnhult, CEO, +46 155-44 33 11/+46 72-301 53 31, firstname.lastname@example.orgBritt-Marie Einar, Finance and IR Manager, Deputy CEO, +46 155-44 33 12/+46 70-224 29 35, email@example.com
Klövern is a real estate company committed to working closely with customers to meet their needs of premises and services in Swedish growth regions. Klövern has business units in ten cities: Borås, Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås and Örebro. As at 31 December 2011 the value of the properties totalled approximately SEK 14.9 billion and the rental income on an annual basis was around SEK 1.6 billion. The Klövern share is listed on Nasdaq OMX Stockholm Mid Cap.Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46 155-44 33 00, Fax +46 155-44 33 22. Corporate registration no. 556482-5833. Registered office: Nyköping. kelly.corem.se. firstname.lastname@example.org.This information is such that Klövern AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 23 February 2012.