Swedish residential real estate group Heimstaden Bostad AB priced SEK 1.5 billion in senior unsecured green bonds on Monday, split evenly between two tranches.
The fixed-rate portion comprises SEK 750 million in two-year notes carrying a 3.268% coupon, while the floating-rate tranche totals SEK 750 million in 3.5-year debt tied to three-month STIBOR plus 87 basis points. Proceeds will be allocated in line with the company’s Green Financing Framework, which Sustainable Fitch reviewed and rated as Excellent in its Second-Party Opinion.
The bonds are slated for listing on Euronext Dublin, with final terms to be published on the exchange and Heimstaden Bostad’s corporate website. Danske Bank, Nordea, SEB, and Swedbank served as joint coordinators for the transaction.
Heimstaden Bostad owns more than 156,000 homes across nine European countries with a portfolio valued at SEK 331 billion.
