Fabege

Regulatory Filings • Feb 16, 2018

Fabege AB (publ)

PRESS RELEASE 16 February 2018, 07:50

Fabege assigned investment grade rating by Moody's (Baa3, stable outlook)

Fabege has today received an investment grade credit rating of Baa3, with a stable outlook, from Moody's.

Fabege has been active on the capital market for many years via commercial paper, covered bonds (via Svenska Fastighetsfinansiering) and through a green unsecured MTN programme. At 31 December 2017, total financing via bonds and commercial paper amounted to just over SEK 10bn. The framework for Fabege's green MTN programme is SEK 5bn and outstanding bonds under the programme amounted to SEK 2.7bn at year-end.

"Our ambition is to increase the proportion of capital market financing primarily via our green bond programme. The credit rating from Moody's puts us in a better position for seeking financing on favourable terms," said Åsa Lind, Head of Treasury at Fabege.

"We've now taken the next step in our financial profiling. Fabege is keen to make investors aware of our high quality and our long-term approach. We're delighted to have received this acknowledgement of the company's financial stability via the rating from Moody's," commented Åsa Bergström, Vice President and CFO at Fabege.

Fabege AB (publ)

For further information, please contact:

Åsa Bergström, Vice President and CFO, tel +46 (0)8-555 148 29, +46 (0)706-66 13 80 Åsa Lind, Head of Treasury, tel +46 (0)8-555 148 08, +46 (0)733-387 18 08

"This information is of the type that Fabege AB is required to disclose according to the Swedish Securities Market Act. The information was released for publication on 16 February 2018 at 07.50 am CET."

Fabege is a property company that focuses on urban development and commercial properties. We work with strategic partners to develop attractive and sustainable city districts with modern offices, residential units and a wide range of services. We adopt a long-term perspective and approach to ownership, and we are passionate about creating the right conditions for everyone who lives, works and spends time in our areas. We are present in a select number of fast-growing submarkets in the Stockholm area. The Fabege share is listed on Nasdaq Stockholm, in the Large Cap segment. For further information, visit www.fabege.se