Nivika issues new senior unsecured green bonds of SEK 400 million

NOT FOR DISTRIBUTION IN OR TO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS PRESS RELEASE

Nivika Fastigheter AB (publ) ("Nivika" or the "Company") has successfully issued senior unsecured green bonds in an initial amount of SEK 400 million under a total framework of SEK 800 million (the "Green Bonds" and the “Green Bond Issue”). The transaction received strong interest from Nordic institutional investors and was well oversubscribed. The Green Bonds carries a floating rate of three-month STIBOR plus 325 basis points with a tenor of 3.25 years. Nivika intends to apply for admission to trading of the Green Bonds on the sustainable bond list at Nasdaq Stockholm. The net proceeds from the Green Bonds will be used in accordance with the Company's newly established green financing framework and will contribute to the Company’s continued growth.

– We are very pleased with the confidence shown by the investors and that Nivika has been well received as we return to the bond market. By revisiting the bond market, we diversify our capital structure and are well positioned for continued growth, says Sverker Källgården, CEO at Nivika Fastigheter AB (publ).

Danske Bank and Nordea have acted as arrangers and joint bookrunners in connection with the issue of the Green Bonds. Advokatfirman Cederquist KB has acted as legal counsel to the Company in connection with the Green Bond Issue.