Fabege

Capital/Financing Update • May 17, 2016

Fabege AB (publ)

PRESS RELEASE 17 May 2016, 07:50 am

Successful first issue under the new Green MTN programme

On 13 May 2016, Fabege made its first issue under the recently established Green MTN programme.

Fabege has issued 600 SEKm of two year bonds with a variable interest rate of 3M Stibor plus 130 bps. Handelsbanken.acted as sole bookrunner for the transaction.

By establishing an MTN programme with specific terms and conditions relating to sustainability and environment, Fabege launched a new green financing facility totalling 2,000 SEKm in April.

• We are very happy about the great interest shown in this first issue under our new Green MTN programme and have noted strong demand from investors with a focus on sustainability. The issue is in line with our commitment to fund ourselves in a green way and is a good fit with our ambitious sustainability efforts, says Åsa Lind, Head of Treasury at Fabege.

Fabege will also apply for a listing of the bond on the Nasdaq Stockholm Sustainable Bond List.

Fabege is aiming to achieve environmental certification for its entire property portfolio by 2018. In parallel to the environmental certification work, the aim is that the company's financing should also be green. In October 2015, Fabege took out a ten-year loan of 939 SEKm from the European Investment Bank (EIB), with the aim of making investments in environmentally certified property projects. At the end of last year, the first green rights issue of 406 million SEKm was made as part of the newly established green framework at the part-owned company Nya Svensk FastighetsFinansiering AB (Nya SFF) and in April a green MTN programme amounting to 2,000 SEKm was launched with specific conditions relating to sustainability and the environment.

Fabege AB (publ)

For further information, please contact:

Åsa Bergström, Vice President and Chief Financial Officer, tel. +46 (0)8-555 148 29, +46 (0)706-66 13 80 Åsa Lind, Head of Treasury, Fabege, tel. +46 (0)8-555 148 508, +46 (0)73-387 18 08

Fabege AB (publ) is one of Sweden's leading property companies in the area of property development and the letting and management of office premises. Fabege owns properties with a book value of 40.5 billion Swedish kronor. The portfolio of properties is concentrated in the Stockholm region, and has an annual rental value of 2.2 billion Swedish kronor and a lettable area of 1.1 million square metres. Fabege's shares are listed on the Large Cap segment of the Nasdaq OMX Stockholm stock exchange. More information is available at: www.fabege.se