Logistea

Capital/Financing Update • Nov 25, 2024

Logistea contemplates to issue new senior unsecured green bonds

Logistea contemplates to issue new senior unsecured green bonds

NOT FOR DISTRIBUTION IN OR TO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS PRESS RELEASE

Logistea AB (publ) ("Logistea" or the "Company") has mandated DNB Markets, a part of DNB Bank ASA, Nordea Bank Abp, SpareBank 1 Markets AS and Swedbank AB (publ) to act as joint bookrunners to evaluate the conditions for issuing senior unsecured green bonds in an expected amount of SEK 500 million under a total framework of SEK 1,000 million and with a contemplated maturity of 3.25 years (the "Green Bonds" and the "Green Bond Issue"). Subject to market conditions, a capital markets transaction may follow. The net proceeds from the Green Bonds are intended to be used in accordance with the principles set out in the Green Finance Framework, including to refinance the Existing Bonds (as defined below).

Logistea further announces that its indirect subsidiary, Logistea Properties AS, contemplates giving notice of a conditional early redemption of its senior secured bonds with ISIN NO0012955105 in the outstanding nominal amount of NOK 900 million (the “Existing Bonds”) in accordance with the terms and conditions of the Existing Bonds, which will be conditional upon a successful issue of the Green Bonds and certain other additional financing (the “Early Redemption”). In connection with the Green Bond Issue, Logistea Properties AS may offer voluntary buy-backs in the Existing Bonds.

In connection with the Green Bond Issue, the Company has launched a new Green Finance Framework where Swedbank AB (publ) has acted as the sole sustainability coordinator. The Green Finance Framework has received a second-party opinion from ISS Corporate, verifying its credibility, impact and alignment with the ICMA Green Bond Principles.

DNB Markets, a part of DNB Bank ASA, Nordea Bank Abp, SpareBank 1 Markets AS and Swedbank AB (publ) act as joint bookrunners in connection with the Green Bond Issue. Advokatfirman Cederquist KB is acting as legal counsel in connection with the Green Bond Issue.

For further information, please contact:

Niklas Zuckerman, CEO, Logistea AB (publ)

E-mail: Niklas.zuckerman@logistea.se

About Logistea AB (publ)

Logistea is a Swedish real estate company focusing on warehousing, logistic and light industrial properties. The company’s shares are listed on Nasdaq Stockholm with the short names LOGI A and LOGI B. For more information: www.logistea.se.

The information in this stock exchange announcement is considered to be inside information in relation to the Existing Bonds (as defined above) pursuant to the EU Market Abuse Regulation and is published by Christian Linge, IR and Head of Finance on the date and time set out above in accordance with section 5-12 the Norwegian Securities Trading Act.