Klövern issues bond loan of SEK 1,100 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 + 225 basis points with final maturity in March 2018. The bond loan has a framework amount of SEK 2,000 million.
The issue proceeds will be used for general corporate purposes, including acquisitions. Klövern will apply for the bond to be listed on NASDAQ OMX Stockholm.
“The interest in the bond has been strong both from domestic and international investors”, says Klöverns CEO Rutger Arnhult.
Nordea Bank AB (publ) has been financial adviser and Bookrunner in connection with the bond issue, and MAQS has been legal adviser.
For further information, please contact:
Rutger Arnhult, CEO, +46 70-458 24 70, email@example.com
Lars Norrby, IR, +46 76-777 38 00, firstname.lastname@example.org
Klövern is a real estate company committed to working closely with customers to offer them efficient premises in Swedish growth regions. As of 31 December 2013, the value of the properties totalled approximately SEK 24.1 billion and the rental income on an annual basis was around SEK 2.6 billion. Klövern is listed on Nasdaq OMX Stockholm Mid Cap. For further information, see kelly.corem.se.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Phone: +46 155-44 33 00, fax: +46 155-44 33 22,
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 20 February 2014.