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FRANKFURT - Swedish property company Heimstaden Bostad AB has completed its €500 million inaugural green bond offering without market stabilisation measures, according to a notice issued Monday by Deutsche Bank AG (ETR:DBKGn).
The 3.75% green notes, due October 2, 2030, were priced at 99.271% with a spread of 177.5 basis points over the benchmark German government bond (DBR 0 08/15/30).
Deutsche Bank, which served as one of the deal’s bookrunners, confirmed that no stabilisation activities were undertaken for the offering. Stabilisation is a process where underwriters may intervene in the market to support the price of newly issued securities.
The bond issuance was managed by a syndicate of banks including BNP Paribas (OTC:BNPQY), Citigroup (NYSE:C), Danske Bank (CSE:DANSKE), Deutsche Bank, ING, J.P. Morgan, SEB, and UniCredit.
Heimstaden Bostad, one of Europe’s largest residential property companies, had previously announced the green bond offering on June 24, 2025. The securities have been assigned the international securities identification number (ISIN) XS3105178795.
The company’s green bonds are intended to finance or refinance eligible green projects according to the company’s sustainability framework.
This information is based on a post-stabilisation notice released by Deutsche Bank AG.
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