Property development company Titania has issued an additional SEK 225 million in senior unsecured sustainable bonds under its 2024/2027 loan, raising the total outstanding volume to SEK 650 million, according to a press release.
The bonds were priced at 98.65 percent of their nominal value and carry an interest rate of three-month Stibor plus 775 basis points. The settlement date is scheduled for December 12, and the proceeds will be used in accordance with the company's sustainable finance framework.
