Vinge advises in Studentbostäder i Sverige AB’s (the “Company”) issuance of a new senior unsecured sustainability bonds in an amount of SEK 500,000,000 within a framework amount of SEK 1,000,000,000 (the “Bonds”).
In connection with the transaction the Company established a sustainability bond framework in accordance with the 2018 ICMA Sustainability Bond Guidelines. The sustainability bond framework has been evaluated by an independent third party, ISS ESG, which assessed the framework and the related policy documents and reporting standards. The sustainability framework supports, among others, the UN’s global sustainable development goals; no. 7 “affordable and clean energy”, no. 11 “sustainable cities and communities” and no. 13 “climate action”.
In accordance with the terms and conditions, the Bonds are intended to be listed on the sustainable bond list of Nasdaq Stockholm. Nordea Bank Abp, Pareto Securities AB and Swedbank AB (publ) acted as joint bookrunners and arrangers in connection with the issuance of the Bonds.
Vinge’s team consisted of Mikael Ståhl, Lionardo Ojeda and Felix Möller (Banking and Finance) as well as Clara Sohlberg and David Bokliden (Capital Markets and Public M&A).
