Kungsleden issues five-year bond loan of SEK 600 m

Kungsleden issues five-year bond loan of SEK 600 m

Press Release 12 October 2010

Listed Swedish property company Kungsleden AB (publ) has issued an
unsecured bond loan on the Swedish market. The loan has a value of SEK
600 m. The loan has variable interest and final maturity in 2015. 

The bonds have a coupon of three-month STBOR plus 3.5%. Kungsleden will
be applying for quotation of the bonds on the NASDAQ OMX Stockholm.

 

Commenting, Thomas Erséus, Kungsleden's Chief Executive, said: “with the
aim of being a repeat issuer on the bond market, Kungsleden completed
another bond issue today. I'm pleased to see very positive demand for
this issue, which was substantially over-subscribed. This bond
strengthens Kungsleden's capital base and complements our existing bank
funding. Our credit portfolio is also extended, while increasing our
financial scope for action.”

The principal will primarily be used for acquisitions and investments in
Kungsleden's existing portfolio.

Carnegie Investment Bank AB (publ) has been Kungsleden's adviser on the
issue.

 

Kungsleden AB (publ) discloses the information in this press release
according to the Swedish Securities Markets Act and/or the Swedish
Financial Trading Act. The information was provided for public release
on 12 October2010 at 11:15 a.m.

For more information, please contact:
Thomas Erséus, CEO Kungsleden | phone 46 8 503 052 04 | mobile 46 70 378
20 24
Johan Risberg, Deputy CEO Kungsleden | phone 46 8 503 052 06 | mobile 46
70 690 65 65