Corem Property Group

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.

Corem Property Group AB (publ) (”Corem” or the ”Company”) has successfully issued new senior unsecured green bonds of SEK 1,300 million (the “New Green Bonds”). The New Green Bonds were issued under a framework of SEK 2 billion, have a tenor of 3 years and a floating interest rate of 3 months Stibor plus 295 basis points and will mature on 26 September 2027. The Company intends to apply for listing of the New Green Bonds on the sustainable bond list of Nasdaq Stockholm.

The proceeds from the New Green Bonds will be used in accordance with the Green Finance Framework, including financing or refinancing of green buildings and investments in energy efficiency and redemption and/or repurchase of Corem Kelly AB (publ)’s outstanding bonds as well as the Company’s outstanding bonds.

Nordea, SEB and Swedbank have acted as joint bookrunners in the transaction. Walthon Advokater has acted as legal advisor for the Company.

Corem Property Group AB (publ)

For further information, please contact

Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@corem.se
Eva Landén, deputy CEO, +46 10 482 76 50, eva.landen@corem.se
 

Corem Property Group AB (publ)
Box 56085, SE-102 17 Stockholm
Visit: Riddargatan 13 C
Corp ID no: 556463-9440

www.corem.se

This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail.