3 September 2020
Gernandt & Danielsson advises in Arwidsro’s issue of green bonds
Gernandt & Danielsson advises Arwidsro Fastighets AB (publ) (”Arwidsro”) in its issue of senior unsecured green bonds in an amount of SEK 400 million, with a tenor of three years, issued within a framework amount of SEK 800 million. The net proceeds from the bond issue will be used in accordance with Arwidsro’s green finance framework which has received the rating “Medium Green” from CICERO Center for International Climate Research. Arwidsro intends to apply for admission of trading of the bonds on the Sustainable Bond List of Nasdaq Stockholm
Arwidsro is a growing real estate company focusing on grocery-anchored retail, service and community purpose properties as well as housing. The company builds, manages and develops properties in stable markets with positive population growth, with properties located mainly in the southern and central parts of Sweden.
Gernandt & Danielsson has advised Arwidsro as well as the financial advisors Skandinaviska Enskilda Banken and Swedbank with a team consisting of Partner Mikael Borg, Senior Associate Mikael Bolling as well as Associates Camilla Hedner and Josefine Törnlöf.