New “green” financing alternative
By establishing an MTN (Medium Term Note) programme characterised by special terms and conditions governing sustainability and environmental issues, Fabege is launching a new “green” financing alternative in an amount of originally SEK 2,000m, which was increased to SEK 5,000m in September 2017. On 13 May 2016 the first issue of SEK 600m under the Green MTN program was conducted. On May 23, the bond was listed on Nasdaq Stockholm Sustainable Bond List under the name FABE 101.
Demand is on the rise
Demand for green bonds for financing environmentally sound and sustainable assets is on the rise. By formulating corresponding terms and conditions and integrating them into its MTN programme, Fabege can offer investors an opportunity to participate in the financing of selected sustainable properties by purchasing the bonds issued by Fabege under the programme.
Special terms and conditions in respect of sustainability
Fabege, Handelsbanken and MSA have jointly devised a new funding product by establishing a “green” MTN programme, with special terms and conditions in respect of sustainability and the environment integrated into the MTN programme. Accordingly, all bonds issued under the programme will be green bonds.
Examined by Sustainalytics
To ensure that the programme satisfies the meticulous sustainability requirements that have been set, Sustainalytics, an independent research and analytical institute, has examined the green terms and conditions of the MTN programme.
Prospectus and framework
Green Bond Framework (pdf)
Second opinion by Sustainalytics (pdf)
Credit Comment - SEB April 2017 (PDF)
Credit Comment - SEB Sep 2016 (pdf)
Green Bond Assessment (GBA)
Fabege Green Bond Assessment (pdf)
Final Terms and Cinditions for loan no. 107 (pdf)
Final Terms and Conditions for loan no. 106 (pdf)
Final Terms and Conditions for loan no. 104 (pdf)
Final Terms and Conditions for loan no. 103 (pdf)
Final Terms and Conditions for loan no. 102 (pdf)
Final Terms and Conditions for loan no. 101 (pdf)
Invest in Green Bonds
- Handelsbanken Markets +46-8-463 46 25
- Swedbank Markets +46-8-700 99 85
- Nordea Markets, +46-10-156 93 63
- SEB Markets, +46-8-506 230 61
Fabege´s Sustainability efforts
Fabege pursues ambitious sustainability efforts encompassing all aspects of its operations. Fabege also wants to work actively to bring about a more responsible capital market.
Fabege’s ambition is that its green funding will rise at a rate that matches the environmental certification of its property portfolio. The aim is that all of Fabege’s properties will be environmentally certified by 2018.
Read more about Fabeges sustainability efforts.