Wästbygg Gruppen AB (publ) (“Wästbygg Gruppen” or the “Company”) has today successfully issued senior unsecured green bonds of SEK 500m under a framework of SEK 800m with maturity in November 2024 (the “Bonds”). The Bonds have a floating interest rate of 3 months STIBOR plus 450 basis points. An amount equivalent to the net proceeds will be used in accordance with the Company’s Green Finance Framework.
“We are very happy to be able to issue our first green bond which attracted strong investor demand. The green bond issue fits well into our strategy of sustainable business“, says Jörgen Andersson, CEO of Wästbygg Gruppen.
Wästbygg Gruppen intends to apply for admission to trading of the Bonds on the sustainable bond list of Nasdaq Stockholm.
Swedbank has acted as sole bookrunner in connection with the issue of the Bonds. Gernandt & Danielsson has acted as legal counsel.
For more information, please contact:
Jörgen Andersson, CEO Wästbygg Gruppen AB
Tel +46 (0)703-23 32 02, email firstname.lastname@example.org
Jonas Jönehall, CFO
Tel +46 (0)739-20 19 01, email email@example.com
Marie Lindebäck, Head of IR and Deputy Head of Sustainability
Tel +46 (0)734-67 20 12, email firstname.lastname@example.org
The Wästbygg Group is a listed construction and project development company that builds and develops residential, commercial buildings and community service properties, as well as logistics and industrial facilities – always with a strong focus on sustainability. With 500 employees, it comprises Wästbygg AB, Rekab Entreprenad AB, Logistic Contractor AB and Inwita Fastigheter AB.
The group operates in the most rapidly expanding markets in Sweden, with Logistic Contractor also providing services in Denmark, Norway and Finland.