Diös Fastigheter has successfully issued senior unsecured green bonds of a total of SEK 600 million with a tenor of three years, under the company’s green financing framework. The issuance was carried out in both a floating and fixed tranche at a margin of 1.33 per cent, representing the lowest level to date within Diös’ bond programme for this tenor.
In connection with the issuance, Diös has also repurchased bonds of approximately SEK 300 million maturing in October, thereby contributing to an extension of the capital maturity profile.
The transaction was met with strong demand from Nordic institutional investors. The order book was approximately 2.3 times oversubscribed, enabling pricing at 12 basis points below initial price guidance.
”We are very pleased with the execution of the transaction and the strong investor interest. During the spring, we have maintained a close dialogue with the credit market, and it is clear that there is strong confidence in Diös and our credit quality. Being able to extend our capital maturity at a historically low margin is a clear confirmation of this”, says Rolf Larsson, CFO, Diös.
Danske Bank acted as Sole Bookrunner in connection with the issuance.
For further information please contact:
Rolf Larsson, CFO, Diös
Phone: +46(0)10-470 95 03
E-mail: rolf.larsson@dios.se
