K-Fastigheter establishes a green bond framework and contemplates bond issuance

Two years after the initial public offering, K-Fastigheter considers issuance of senior unsecured SEK-denominated green bonds.

K-Fast Holding AB (publ) ("K-Fastigheter") has mandated Danske Bank and Nordea as 'joint bookrunners' to arrange a series of fixed income investor meetings commencing 29 November 2021 to investigate the possibility to issue a senior unsecured green bond within a framework of 2 billion SEK and expected maturity on or about 31 March 2025. A capital market transaction will follow subject to market conditions.

The green bond framework is established in line with the Green Bond Principles developed by ICMA (International Capital Markets Association) and has been evaluated by an independent third party, Cicero Shades of Green. The framework and related governing documents and reporting standards have received a "Light green" shading from Cicero Shades of Green.

The green finance framework and second opinion are available on the link below:
k-fastigheter.com/en/investors/presentations

The proceeds from bond issue will be used in accordance with the green bond framework including financing or refinancing of green properties. Danske Bank and Nordea have acted joint green structuring advisors in connection with the preparation of the green bond framework.

For more information, please contact:
Jacob Karlsson, CEO, e-mail: [e-mail], telephone: [phone]
Martin Larsson, Deputy CEO/CFO, e-mail: [e-mail], telephone: [phone]
Anders Antonsson, IR Manager, e-mail: [e-mail], telephone: [phone]

This information constitutes information that K-Fast Holding AB is obliged to disclose in accordance with the EU's Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08:00 CET on 26 November 2021.

As a property company, K-Fastigheter's objective is to add value for tenants by creating attractive homes with superior comfort. The Group's operations encompass active property management, project development and proprietary construction operations. To enhance cost efficiency and cut construction times, K-Fastigheter has chosen to work with three concept buildings, developed in-house and constructed for proprietary management. K-Fastigheter provides some 2,450 homes in several locations in the Öresund region, in the province of Småland and in western Sweden, and is assessing new markets as production capacity increases. The Group's property portfolio has a book value SEK 8.8 billion, with an annual rental value of about SEK 300 million. Since November 2019, the company's Class B shares have been traded on Nasdaq Stockholm under the (ticker: KFAST B). Read more at k-fastigheter.com

https://news.cision.com/k-fast-holding-ab/r/k-fastigheter-establishes-a-green-bond-framework-and-contemplates-bond-issuance,c3461220

https://mb.cision.com/Main/18395/3461220/1502009.pdf

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