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ABG Sundal Collier acted as Joint Bookrunner for Kvalitena in connection with the SEK 500 million Senior Unsecured Bond Issue

ABG Sundal Collier acted as Joint Bookrunner for Kvalitena in connection with the SEK 500 million Senior Unsecured Bond Issue

Kvalitena AB (publ) (”Kvalitena”) announced on Tuesday 28 May the successful completion of its SEK 500 million Senior Unsecured Bond Issue (the “Bond Issue”) with maturity in December 2022. The bonds will have a coupon of 3 month STIBOR plus 600 basis points per annum, and will be applied for listing on Nasdaq Stockholm Corporate Bond List. 

In connection with the Bond Issue, Kvalitena repurchases bonds amounting to SEK 450 million of total outstanding amount of SEK 800 million in its existing senior unsecured bonds with maturity in September 2020. The transaction was successfully placed among some 50 quality investors mainly in the Nordics. ABG Sundal Collier acted as Sole Bookrunner for Kvalitena in connection with the Bond Issue.   

Kvalitena, founded in 1995, is a real estate group with assets of approx. SEK 7.5 billion, primarily focused on property investments with a strategic focus on investments in the Greater Stockholm and Mälardalen region, where approx. 67% of Kvalitena’s real estate assets are located.