Issues a three-year bond loan of SEK 320 million

Klövern AB (publ) issues a three-year unsecured bond loan of SEK 320 million on the Swedish market. The bond loan has a variable interest of three-month STIBOR plus 4.00 per cent with final maturity in 2015. The bond loan has a frame work amount of SEK 500 million.

Klövern AB (publ) issues a three-year unsecured bond loan of SEK 320 million on the Swedish market. The bond loan has a variable interest of three-month STIBOR plus 4.00 per cent with final maturity in 2015. The bond loan has a frame work amount of SEK 500 million.

 

The issue settlement will be used for general corporate purposes including acquisitions. Klövern will apply for the bond to be listed on NASDAQ OMX Stockholm.

Swedbank Corporate Finance has acted as financial advisor to Klövern in connection with the bond issue.

Nyköping, 29 February 2012

Klövern AB (publ)

For further information, please contact:
Rutger Arnhult, CEO, +46 72-301 53 31, [email protected]
Britt-Marie Einar, Finance and IR Manager, Deputy CEO, +46 155-44 33 12/+46 70-224 29 35, [email protected]

Klövern is a real estate company committed to working closely with customers to meet their needs of premises and services in Swedish growth regions. Klövern has business units in ten cities: Borås, Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås and Örebro. As at 31 December 2011 the value of the properties totalled approximately SEK 14.9 billion and the rental income on an annual basis was around SEK 1.6 billion. The Klövern share is listed on Nasdaq OMX Stockholm Mid Cap.

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46 155-44 33 00, Fax +46 155-44 33 22. Corporate registration no. 556482-5833. Registered office: Nyköping. www.klovern.se. [email protected].

This information is such that Klövern AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 29 February 2012.

Copyright Thomson Reuters

Attachment(s)
http://hugin.info/134084/R/1589687/499257.pdf

Regulatory News
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: %s via Thomson Reuters ONE


[HUG#1589687]