Danske Bank acted as joint bookrunner on Klövern's 3.5 year SEK 2bn green bond

We congratulate Klövern AB on their 3.5 year SEK 2bn green bond! Klövern is a leading office space real estate company in Sweden, as well as one of Sweden’s largest listed real estate companies. The green bond transactionmarks the inaugural issue under Klövern’s senior unsecured MTN programme,which was established in February 2020 and has a framework amount of SEK 10bn.

The proceeds from the green bond will finance new and existing buildings with a high energy performance as well as investments in renewable energy, biodiversity and resilience. The Framework has a Second Opinion from CICERO Shades of Green with a 'Medium Green Shading' and a governance score of 'Excellent'.

The transaction was very well received and attracted strong interest among Nordic investors. Danske Bank is proud to have acted as joint bookrunner on the transaction.

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