TM & Partners advises Arwidsro on green bond issue and tender offer

TM & Partners has advised Arwidsro Fastighets AB in connection with the issue of new senior unsecured green bonds in an initial amount of SEK 400 million under a SEK 600 million framework. The bonds have a tenor of 3.25 years and bear interest at a rate of 3-month STIBOR plus 325 basis points. In connection with the bond issue, Arwidsro also conducted a tender offer for certain outstanding bonds.

Arwidsro will apply for admission to trading of the new bonds on Nasdaq Stockholm’s Sustainable Bond List.

DNB Carnegie Investment Bank AB (publ) and SB1 Markets, Sweden Branch acted as arrangers and joint bookrunners for the bond issue and as dealer managers for the tender offer.

Arwidsro is a privately owned and growing real estate company founded in 1979, with more than 45 years of experience in property development in Sweden and Europe. The company focuses on defensive grocery-anchored retail, residential properties and community purpose properties, and builds, manages and develops properties in-house in stable markets with positive population growth, primarily in southern and central Sweden.

For further information on the transaction, please see Arwidsro’s press releases: https://arwidsro.se/press-arwidsro/

TM & Partners’ team consisted of:
Adrian Della Morte Pålstam (Partner, Banking & Finance)
Robin Bergqvist (Senior Associate, Banking & Finance)

For more information, please contact the responsible partner:
Adrian Della Morte Pålstam
E-mail: adrian.dellamorte-palstam@tmpartners.se
Phone: +46 76 00 283 77