Logistea contemplates to issue new senior unsecured green bonds

25 Nov 2024 07:30 CET

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Logistea AB (publ) ("Logistea" or the "Company") has mandated DNB Markets, a
part of DNB Bank ASA, Nordea Bank Abp, SpareBank 1 Markets AS and Swedbank AB
(publ) to act as joint bookrunners to evaluate the conditions for issuing senior
unsecured green bonds in an expected amount of SEK 500 million under a total
framework of SEK 1,000 million and with a contemplated maturity of 3.25 years
(the "Green Bonds" and the "Green Bond Issue"). Subject to market conditions, a
capital markets transaction may follow. The net proceeds from the Green Bonds
are intended to be used in accordance with the principles set out in the Green
Finance Framework, including to refinance the Existing Bonds (as defined below).

Logistea further announces that its indirect subsidiary, Logistea Properties AS,
contemplates giving notice of a conditional early redemption of its senior
secured bonds with ISIN NO0012955105 in the outstanding nominal amount of NOK
900 million (the “Existing Bonds”) in accordance with the terms and conditions
of the Existing Bonds, which will be conditional upon a successful issue of the
Green Bonds and certain other additional financing (the “Early Redemption”). In
connection with the Green Bond Issue, Logistea Properties AS may offer voluntary
buy-backs in the Existing Bonds.

In connection with the Green Bond Issue, the Company has launched a new Green
Finance Framework where Swedbank AB (publ) has acted as the sole sustainability
coordinator. The Green Finance Framework has received a second-party opinion
from ISS Corporate, verifying its credibility, impact and alignment with the
ICMA Green Bond Principles.
DNB Markets, a part of DNB Bank ASA, Nordea Bank Abp, SpareBank 1 Markets AS and
Swedbank AB (publ) act as joint bookrunners in connection with the Green Bond
Issue. Advokatfirman Cederquist KB is acting as legal counsel in connection with
the Green Bond Issue.

For further information, please contact:
Niklas Zuckerman, CEO, Logistea AB (publ)
E-mail: Niklas.zuckerman@logistea.se


About Logistea AB (publ)
Logistea is a Swedish real estate company focusing on warehousing, logistic and
light industrial properties. The company’s shares are listed on Nasdaq Stockholm
with the short names LOGI A and LOGI B. For more information: www.logistea.se.

The information in this stock exchange announcement is considered to be inside
information in relation to the Existing Bonds (as defined above) pursuant to the
EU Market Abuse Regulation and is published by Christian Linge, IR and Head of
Finance on the date and time set out above in accordance with section 5-12 the
Norwegian Securities Trading Act.

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