Oscar Properties Holding AB’s (publ) subsidiary Goldcup 100804 AB (under change of name to HL18 Property Portfolio AB) (the "Company") has successfully issued senior secured bond in an amount of SEK 550,000,000.
The new bond is due in October 2024 and carries a floating interest rate of STIBOR 3m + 4.90 per cent. The Company intends to list the bond on Nasdaq Stockholm within twelve months.
The net proceeds from the bond issue will be used to finance the acquisition of 15 properties from Kvalitena AB (publ) and three commercial properties located in Göteborg, Trollhättan and Nyköping.
ABG Sundal Collier AB and Swedbank AB (publ) acted as joint bookrunners in connection with the bond issue.
For further information, please contact:
Oscar Engelbert, Founder and CEO of Oscar Properties Holding AB (publ), Mob: +46 70 568 00 01,
This information is information that Oscar Properties Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014/EU). The information was submitted for publication, through the agency of the contact person set out above, at 18:10 CEST on October 22, 2021.
About Oscar Properties
Oscar Properties is a property company focusing on property management and project development. We purchase, manage, develop and sell properties in attractive locations throughout Sweden, with the long-term strategy of being active in both property management and new production as well as conversions.