Sagax: SAGAX HAS ISSUED A 6-YEAR GREEN BOND LOAN IN THE EUROPEAN CAPITAL MARKET
Sagax has issued an unsecured green bond loan of EUR 500 million in the European capital market. The issue has been carried out under the company's EMTN programme. The bond loan has a maturity of 6 years with maturity date on 29 May 2030. The fixed annual interest rate is 4.39 per cent, corresponding to the Euro Mid-Swap plus a margin of 1.55 per cent.
The proceeds from the issuance will be used for general corporate purposes in line with Sagax's Green Finance Framework.
For more information, please contact CEO David Mindus tel. +46 8 545 83 540.
About AB Sagax
AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. Sagax's property holdings per 31 March 2024 amounted to 4,386,000 square metres, distributed over 911 properties. AB Sagax (publ) is listed on Nasdaq Stockholm, Large Cap. More information is available at www.sagax.se.
Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.