Klövern issues bond loan of SEK 1,000 million

Klövern AB (publ) issues an unsecured bond loan with a duration of four years. The bond loan has a variable interest of three-month STIBOR + 350 basis points with final maturity in March 2019. The bond loan has a framework amount of SEK 1,500 million.

The issue proceeds will mainly be used for refinancing of existing bond loans and general corporate purposes. Klövern will apply for the bond to be listed on Nasdaq Stockholm.

“The interest in the bond has been strong both from Swedish investors and investors from other Nordic countries. Following this issue, we have a well-diversified maturity structure for our unsecured bond loans of approximately SEK one billion per year 2017-2019”, says Klövern’s CEO Rutger Arnhult.

Nordea Bank AB (publ) and Swedbank AB (publ) have been financial advisers and Bookrunners in connection with the bond issue, and MAQS has been legal adviser.

Klövern AB (publ)

For additional information:
Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult@klovern.se
Lars Norrby, IR, +46 (0)76-777 38 00, lars.norrby@klovern.se

Klövern is a real estate company committed to working closely with customers to offer them efficient premises in Swedish growth regions. As of December 31, 2014, the value of the properties totaled SEK 30 billion and the rental value on an annual basis was SEK 3.0 billion. Klövern is listed on Nasdaq Stockholm. For further information, see kelly.corem.se.

Klövern AB (publ), Box 1024, 611 29 Nyköping. Phone: +46 155-44 33 00. E-mail: info@klovern.se.

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 18 February 2015.