Catena Secures Sustainable Financing with Green Bond Issuance

Catena, a leading property company in Scandinavia, has announced the issuance of senior unsecured green bond loans totaling SEK 1 billion. The bonds, which mature in three and five years, respectively, will support the company's commitment to sustainable development and efficient logistics operations.

Unlocking Green Growth: Catena's Strategic Financing Move

Diversifying Debt Portfolio for Long-Term Stability

Catena's decision to issue the green bonds is a strategic move to diversify its debt portfolio and secure long-term financing. By tapping into the growing demand for sustainable investment opportunities, the company is positioning itself to capitalize on the shift towards eco-friendly practices in the real estate and logistics sectors.The bond issuance, split between a SEK 500 million loan maturing in 2027 and another SEK 500 million loan maturing in 2029, reflects Catena's commitment to maintaining a balanced and sustainable debt structure. The interest rates, pegged to the three-month STIBOR benchmark with premiums of 1.00% and 1.35%, respectively, demonstrate the company's ability to access favorable financing terms in the market.

Aligning with Green Initiatives and Repurchasing Existing Debt

Alongside the new bond issuance, Catena has taken steps to align its financing activities with its broader sustainability goals. The company has repurchased SEK 612 million of its outstanding June 2025 floating rate notes and SEK 272 million of its June 2025 fixed rate notes. This strategic move allows Catena to optimize its debt profile and ensure that the excess proceeds from the green bond issuance can be utilized in accordance with its green framework.The new green bonds will be listed on the Nasdaq Stockholm exchange, further enhancing the company's visibility and accessibility to a wider pool of investors seeking sustainable investment opportunities.

Strengthening Partnerships and Expertise

Catena has enlisted the expertise of Nordea and SEB as joint bookrunners for the green bond transaction. This collaboration with leading financial institutions underscores the company's commitment to leveraging industry-leading expertise and resources to execute its sustainable financing strategy effectively.The issuance of these green bonds aligns with Catena's overarching objective of generating strong cash flow from operating activities to enable sustainable growth and stable returns for its stakeholders. By diversifying its debt portfolio and aligning its financing with its green initiatives, Catena is positioning itself as a leader in the sustainable real estate and logistics sector.