AB Sagax (publ) has, as under its EMTN programme, issued senior unsecured bonds of EUR 200 million with maturity in 2029. The issue is part of bond loan 2021/2029 (ISIN XS2342227837) with an aggregate amount of EUR 500 million after the tap issue.
The bonds were issued at a price of 101.024 per cent which corresponds to a fixed annual yield of 0.86 per cent.
The proceeds will be used for the company's operating activities.
For further information, please contact CEO David Mindus, telephone +46 8 545 83 540.
AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. Sagax's property holdings at 30 June 2021 amounted to 3,615,000 square meters, distributed between 693 properties. AB Sagax (publ) is listed on Nasdaq Stockholm, Large Cap. More information is available at www.sagax.se.
Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.