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Placement of a bond tap issue for Grundingen Fastighets AB successfully completed

Press Release   •   Sep 27, 2018 16:30 CEST

Issue amount: SEK 50m

Interest rate: 6 % p.a.

Maturity date: 12 October 2021

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The SEK 50m bond tap issue for Grundingen Fastighets AB has been successfully completed. JOOL Markets AS acted as Sole Manager and Bookrunner for the bond issue.

The bond issue has an interest rate of 6 % p.a. with quarterly payments and maturity date on 12 October 2021.

The proceeds from the tap issue are intended to be used for property acquisitions and continued development of the portfolio.

The bond issue is secured with share pledge over 100 % of the shares in Grundingen Holding AB and pledge over all downstream loans to Midco.

Roschier law firm acted as legal advisors and Intertrust (Sweden) AB as bond trustee. The bonds will be registered through Euroclear Sweden and VPS Norway.

For more information on Grundingen Fastighets AB: grundingenfastighets.se

About JOOL Markets AS

JOOL Markets is an independent Nordic investment bank with a leading position in corporate bonds and fixed income instruments within NOK 30-200 million. JOOL Markets is seated in Oslo and employs more than 70 professionals working from our offices in Oslo, Bergen, Gothenburg, Stockholm and Helsinki.

JOOL Markets was established in 2015 and is a part of the JOOL Group.

www.joolmarkets.com