GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Wallenstam AB (STO:WALLB)
As previously announced, the Board of Wallenstam AB (publ) (”Wallenstam”) has taken the decision to list bonds at the Nasdaq Stockholm. Nasdaq Stockholm has approved Wallenstam’s application for admission to trading and the first day of trading for the bonds is today, 25 May 2015.
On 19 March 2015, Wallenstam announced the issue of an unsecured bond that will run for four years and mature in March 2019 aimed at optimizing the financing of its subsidiary Svensk NaturEnergi, which generates electricity from wind turbines and hydro stations. The bond is in the amount of SEK 500 million and will run with a floating coupon of 3M STIBOR + 110 basis points. On 19 May 2015, Wallenstam published a prospectus and announced that the company had applied for admission to trade the bonds at Nasdaq Stockholm. Nasdaq Stockholm has approved Wallenstam’s application for admission to trading and the first day of trading for the bonds is today, 25 May 2015.
The prospectus concerning the bonds is available on the Wallenstam website at www.wallenstam.se/obligationslan.
Wallenstam AB (publ) is required to make this information public under the provisions of the Swedish Financial Markets Act and the Swedish Financial Instruments Trading Act. The information was made publicly available on 25 May 2015 at 08:00.
Wallenstam is a growing property company that manages, builds and develops properties for sustainable living and the pursuit of business in Gothenburg and Stockholm. The property holding is valued at around SEK 30 billion and the tenant base consists of just over 7,600 households and 1,000 businesses. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable energy through Svensk NaturEnergi, with 67 of its own wind turbines and hydro power stations in operation. The company's B shares have been listed on Nasdaq Stockholm since 1984.
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