Nyfosa AB: Nyfosa issues MSEK 750 3-year senior unsecured bonds
Nyfosa AB (Nyfosa) has successfully placed MSEK 750 senior unsecured
bonds within a total framework amount of up to MDSEK 1.5 with final
maturity in May 2022. The company intends to apply for admission to
trading of the bonds on Nasdaq Stockholm.
The bonds are issued within a total frame of up to MDSEK 1.5 and has a
tenor of three years and a floating interest rate of Stibor 3m + 375
bps. The settlement date is set to May 22, 2019. The proceeds from
the bond issue will be used to strengthen the companys financial
position and general corporate purposes, including to increase
acquisition readiness and strengthen the conditions for reaching
Nyfosas growth target of annual growth in earnings and property
holdings of at least 20 percent, up to a total property value of
SEB and Swedbank have acted as Joint Bookrunners and Gernandt &
Danielsson has acted legal adviser in the transaction.
For more information, please contact:
Jens Engwall, CEO, firstname.lastname@example.org, mobile +46 70 690 65 50
Johan Ejerhed, Head of Finance, email@example.com, mobile +46 70
393 98 87
The information was submitted for publication through the agency of
the contact person set out above on May 15, 2019 at 3:35 p.m. CEST.
Nyfosa is a transaction-based and opportunistic property company. The
companys business concept is based on active participation in the
Swedish transaction market combined with an investment strategy that
can be flexible to the property market. The goal is to develop and
add value to a growing property portfolio while generating sustained
high returns. At present, Nyfosa is focusing primarily on commercial
properties in Sweden. As of March 31, 2019, Nyfosa owned commercial
properties with a total property value of approximately SEK 15.7
billion. The companys stock is listed on Nasdaq Stockholm since
November 2018. Read more at www.nyfosa.se.