Wästbygg Gruppen AB (publ) considers issuing a senior unsecured green bond in SEK
Wästbygg Gruppen AB (publ) (“Wästbygg Gruppen” or the “Company”) announces that the Company has mandated Swedbank AB (publ) as sole bookrunner to arrange investor meetings commencing on 10 November, to investigate the possibility to issue a senior unsecured green bond of up to SEK 500m, under a framework of SEK 800m, with a floating interest rate and a tenor of three years. A capital market transaction may follow, subject to i.a. market conditions.
The proceeds of the contemplated bond issue will be used in accordance with the Company’s Green Finance Framework, published in May 2021. Swedbank acted as advisor in connection with the establishment of the Company’s Green Finance Framework for equity- and debt instruments. The Green Finance Framework is available on the following link:
https://wbgr.se/sv/investerare/gront-ramverk-2-5225/
For more information, please contact:
Jörgen Andersson, CEO Wästbygg Gruppen AB
Tel +46 (0)703-23 32 02, email jorgen.andersson@wastbygg.se
Jonas Jönehall, CFO
Tel +46 (0)739-20 19 01, email jonas.jonehall@wastbygg.se
Marie Lindebäck, Head of IR and Deputy Head of Sustainability
Tel +46 (0)734-67 20 12, email marie.lindeback@wastbygg.se
www.wastbygg.se
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About Wästbygg:
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.
This information is information that Wästbygg Gruppen is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-11-09 [08:15] CET.