Last week, Nivika Fastigheter AB Fastigheter issued their inaugural SEK 300m green bond with Danske Bank acting as green structuring advisor and joint bookrunner. Nivika is a Swedish real estate company focusing on developing, acquiring and managing residential, commercial and public properties in Småland, Sweden.
The green bond will finance e.g. buildings with a high energy performance, wooden buildings and renovations, and measures that improve the energy efficiency of existing buildings. Danske Bank has helped Nivika develop their Green Finance Framework, which received a Medium Green Shading from the external reviewer CICERO Shades of Green.
The green bond will finance e.g. buildings with a high energy performance, wooden buildings and renovations, and measures that improve the energy efficiency of existing buildings. Danske Bank has helped Nivika develop their Green Finance Framework, which received a Medium Green Shading from the external reviewer CICERO Shades of Green.
Fact box
Status: Senior unsecured green
Launch Date: 17 September 2020
Maturity Date: 24 September 2023
Size: SEK 300m
Coupon: 3mS+550bps, p.a., quarterly payments
Listing: Nasdaq Stockholm Sustainable Bond List
Joint Bookrunner: Danske Bank, SEB
Transaction Terms
Issuer: Nivika Fastigheter AB (publ)Status: Senior unsecured green
Launch Date: 17 September 2020
Maturity Date: 24 September 2023
Size: SEK 300m
Coupon: 3mS+550bps, p.a., quarterly payments
Listing: Nasdaq Stockholm Sustainable Bond List
Joint Bookrunner: Danske Bank, SEB