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Prisma Properties AB has issued senior unsecured green bonds worth SEK 500 million under its SEK 1 billion framework, marking its entry into this funding programme. The bonds carry a floating interest rate linked to the 3-month STIBOR plus 265 basis points and will mature in May 2030. The issuance supports the company’s broader focus on sustainable financing while securing medium-term capital. With increasing investor interest in green assets, the move positions Prisma to fund environmentally aligned real estate projects and maintain flexibility for future fundraising.
Prisma Properties AB stated that it has issued senior unsecured green bonds amounting to SEK 500 million under its total SEK 1 billion green bond framework. The company clarified that this is the initial issuance under the programme, which allows it to raise additional funds in phases depending on requirements. Advertisement
The bonds carry a floating interest rate structure based on the three-month STIBOR, along with an added margin of 265 basis points. This means the borrowing cost will adjust over time in line with market interest rate movements, which is a common structure in Nordic debt markets.
The maturity of the bonds is set for May 2030, providing the company with a stable funding window over the medium to long term. Such timelines are typically aligned with real estate development cycles, allowing companies to match funding with project execution and cash flows.
Green bonds are generally used to finance projects that meet specific environmental criteria, such as energy-efficient buildings or sustainable infrastructure. By issuing these bonds, Prisma Properties is aligning its funding strategy with sustainability-linked goals, which have gained importance across European real estate markets in recent years.
The SEK 1 billion framework gives Prisma flexibility to return to the market for further issuances when needed. This approach helps the company manage liquidity while also responding to investor demand for green financial instruments, which has seen steady growth.
The use of unsecured bonds indicates that the borrowing is not backed by specific assets, relying instead on the company’s overall credit profile. This reflects a level of confidence in Prisma’s financial standing and its ability to access capital markets without pledging property assets.
Source Reuters
5th Jun, 2025
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