Successful issue by Nya SFF

In January, Fabege, together with Wihlborgs, Platzer, Diös and Catena, launched a joint MTN programme totalling SEK 8,000m through the establishment of the new finance company, Nya Svensk Fastighetsfinansiering AB (Nya SFF).

For Fabege, the Nya SFF is an efficient way to reach the capital market through hedged MTNs and a way of broadening the base for the company’s borrowing structure.

On 16 February, Nya SFF announced an issue offering that was rapidly fully subscribed. A total of SEK 2,025m in bonds were subscribed with terms of between two and five years, at both fixed and variable interest rates. Fabege will loan SEK 675m against collateral in property in this issue.

Nya SFF is owned by Catena AB, Diös Fastigheter AB, Fabege AB, Platzer Fastigheter Holding AB and Wihlborgs Fastigheter AB, each of which hold a 20-per cent share.

“We are delighted with the keen interest shown by the equity market and that our first issue via Nya SFF has been so successful. Through the Nya SFF, we have now begun to capitalise on another source of financing as a supplement to the current borrowing structure,” comments Åsa Bergström, CFO of Fabege.

Fabege AB (publ)

18 Feb 2015 9:00 AM

For more information

Christian Hermelin, President and CEO of Fabege, tel: +46 (0)8-555 148 25, +46 (0)733-87 18 25

Åsa Bergström, Deputy CEO and CFO, tel: +46 (0)8-555 148 29, +46 (0)706-66 13 80

This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 9:00 am CET on 18 February 2015.

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