Vinge has advised Stendörren Fastigheter AB in connection with its issuance of senior unsecured green notes in an amount of SEK 800 million (within a framework of SEK 1200 million) and its parallel tender offer in respect of its previously issued notes due 2025.
An amount corresponding to the net proceeds from the new notes will be used in accordance with Stendörren’s previously established green financing framework and to repurchase parts of Stendörren’s outstanding senior unsecured notes due 2025.
The notes are intended to be listed on the sustainable bond list of Nasdaq Stockholm. The notes have a tenor of 3.25 years and were issued with a coupon of STIBOR 3m + 290 basis points.
Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) acted as joint bookrunners and dealer managers in the transaction.
Vinge’s team consisted of Mikael Ståhl, Lionardo Ojeda, August Ahlin and Rebecka Margolin.
