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Genova Property Group Issues SEK100 Million Green Senior Bonds

MT Newswires·08/14/2026 08:31:44
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08:31 AM EDT, 08/14/2026 (MT Newswires) -- Genova Property Group (GPG.ST) issued green subsequent senior unsecured bonds of 100 million kronor under its existing 600 million-krona green bonds framework. The bonds, due May 15, 2030, were priced at 100.343% of nominal value and carry a coupon of three-month Stockholm Interbank Offered Rate plus 340 basis points, according to a Friday release. They will be traded on Nasdaq Stockholm's sustainable bond list. The property company said net proceeds from the issuance will be used in accordance with its green finance framework.