9 May 2021

Gernandt & Danielsson advises in Arwidsro’s issue of green bonds

Gernandt & Danielsson has advised Arwidsro Fastighets AB (publ) (”Arwidsro”) in its issue of green capital securities in an amount of SEK 500 million. The net proceeds from the issuance 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 green capital securities 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 Nordea and Swedbank with a team consisting of Partner Mikael Borg, Senior Associate Mikael Bolling and Associate Camilla Hedner.