Klövern AB (publ): Klövern issues SEK 800 million of hybrid bonds
Klövern AB (publ) has successfully issued hybrid bonds in the total amount of SEK 800 million under a framework amount of SEK 1,500 million. The hybrid bonds have a perpetual tenor and a floating interest rate of three-months STIBOR + 600 basis points until the first call date. The hybrid bonds are callable on 21 June 2023 and on every interest payment date thereafter. The issue proceeds will be used for general corporate purposes and Klövern will apply for the new bonds to be listed on Nasdaq Stockholm's Corporate Bond List.
Nordea and Swedbank have acted as Joint Bookrunners in connection with the hybrid bond issue. Mannheimer Swartling and MAQS Advokatbyrå have been legal advisers.
Klövern AB (publ)
Klövern is a real estate company committed to working closely with customers to offer them attractive premises in growth regions. Klövern is listed on Nasdaq Stockholm. For further information, see www.klovern.se.
Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 10 482 70 00. E-mail: firstname.lastname@example.org.