7 October 2020
Gernandt & Danielsson advises in Offentliga Hus’ issue of green bonds as well as its repurchase and early redemption of existing bonds
Gernandt & Danielsson advises in Offentliga Hus i Norden AB (publ)’s (”Offentliga Hus”) issue of green bonds in an amount of SEK 550 million, issued within a total framework amount of SEK 1,000 million. The company intends to apply for admission to trading of the bonds on the sustainable bond list of Nasdaq Stockholm. Gernandt & Danielsson also advises in Offentliga Hus’ repurchase and early redemption of its existing outstanding bonds in an amount of SEK 700 million, that reaches maturity in June 2021.
The proceeds from the bond issue are to be used in accordance with the Company’s Green Finance Framework and to finance the repurchase and redemption of exiting bonds.
Gernandt & Danielsson advises with a team consisting of partner Mikael Borg, senior associates Mikael Bolling and Rasmus Perdahl as well as associate Jonathan Antonsson.