Danske Bank acted as green structuring advisor and joint bookrunner on Nivika Fastigheter's SEK 300m green bond

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.
Fact box

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

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