Klövern AB: Klövern intends to establish a secured MTN programme
(Thomson Reuters ONE) -
Klövern AB (publ) intends to establish a Medium Term Note programme with a
framework amount of SEK 10 billion, to be secured by a pool of assets. The
intention is that the collateral to be included in the pool, with properties as
underlying assets and fully covered by property mortgage certificates, shall be
characterised by attractive regions, mainly the Stockholm, Gothenburg, Malmö and
Uppsala regions, and leverage levels not exceeding 55 percent at the date of
issue. The establishment of the programme is expected to take place during the
autumn of 2017.
"The MTN programme is a natural step in Klövern's efforts to broaden the sources
of financing and to access a wider and deeper investor base through an active
and long-term commitment to the capital markets. The secured MTN programme will
be a complement to secured bank financing and hence, shall have characteristics
to attract investors in the investment grade environment", says Jens Andersson,
Head of Finance at Klövern.
Nordea Bank and Swedbank have been appointed dealers and arrangers of the MTN-
programme and Danske Bank will act as dealer. MAQS is acting as legal adviser to
Klövern and Mannheimer Swartling Advokatbyrå is acting as legal adviser to the
arrangers in relation to the establishment of the MTN programme.
Klövern AB (publ)
For additional information:
Jens Andersson, Head of Finance, +46 (0)76-855 67 02, jens.andersson(at)klovern.se
Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult(at)klovern.se
Lars Norrby, IR, +46 (0)76-777 38 00, lars.norrby(at)klovern.se
Klövern is a real estate company committed to working closely with customers to
offer them efficient 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 (0)10-482 70 00. E-
mail: info(at)klovern.se.
170905 Klövern intends to establish a secured MTN programme (pdf):
http://hugin.info/134084/R/2131387/814398.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Klövern AB (publ) via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 05.09.2017 - 07:30 Uhr
Sprache: Deutsch
News-ID 558643
Anzahl Zeichen: 2637
contact information:
Town:
Nyköping
Kategorie:
Business News
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