Loomis AB issued SEK 1,200 million sustainability bonds

SOLNA, Sweden, November 24, 2021 / PRNewswire / – Bonds are issued for five years with a maturity November 30, 2026. The bonds have a 3-month Stibor variable interest rate plus 1.35 percentage points. The proceeds will be used for general business purposes and to refinance loans. The bonds will be listed on the Nasdaq Stockholm Sustainable Bond List.

Sustainability Bonds are issued under Loomis’ recently updated MTN program and under the new Loomis Sustainability Financial Framework, which was posted, at www.loomis.com, in November 2021. Sustainalytics concludes, in its second framework check, that Loomis ‘goals are ambitious and aligned with Loomis’ sustainability strategy. In addition, the framework complies with the principles of the “Sustainability-Linked Bond Principles 2020” and the “Sustainability-Linked Loan Principles 2021”.

Loomis has linked sustainability obligations to the outcome of a sustainability goal to reduce Loomis’ absolute carbon dioxide emissions by 20% by 2025, from 2019 levels.

Nordea structured the Sustainability-Linked Financial Framework and Danske Bank and Nordea acted jointly as bookkeepers for this issue.

CONTACT:

Kristian ackeby
CFO

Mobile: +46 70 569 69 98
E-mail: [email protected]

Anders Haker
Head of Investor Relations

Mobile: +1 281 795 8580
E-mail: [email protected]

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/loomis-ab/r/loomis-ab-has-issued-sek-1-200-million-of-sustainability-linked-bonds,c3460209

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