In April 2016, Fabege established an MTN programme of SEK 2bn subject to special conditions with regard to sustainability and the environment. Fabege has decided to increase the framework to SEK 5bn. In connection with the move, the company is publishing a supplementary prospectus, dated 13 September 2017, which provides updates and supplements to the Base Prospectus, dated 19 May 2017, for the MTN programme. The two prospectuses should be read together and both are approved by Finansinspektionen. The Base Prospectus is updated annually.
Demand for green bonds to finance environmental and sustainable assets is growing. The green MTN programme enables Fabege to offer investors the opportunity to participate in financing selected sustainable properties via bonds issued by Fabege under the remit of the programme. The initial framework of SEK 2bn has now been fully subscribed.
The programme has been developed and expanded in cooperation with Handelsbanken and Mannheimer Swartling Advokatbyrå. The green conditions are an integral part of the programme and all bonds issued under the programme are green. Issued bonds are listed on the Nasdaq Stockholm Sustainable Bonds List. Distributors of the programme include Handelsbanken, Swedbank, Nordea and SEB.
- “We’re delighted about the strong demand for our green bonds and our increased green financing opportunities. The extended framework is consistent with our efforts to finance the company using green funding, and sits well with our ambitious sustainability work,” commented Åsa Lind, Head of Treasury, Fabege.
Further information about the green MTN programme is available on Fabege’s website; fabege.se/grontmtn
Fabege AB (publ)