Prisma Properties Completes Full SEK 750m Green Bond Framework

Prisma Properties AB ( (SE:PRISMA) ) has issued an announcement.

Prisma Properties AB has completed a SEK 250 million issue of subsequent senior unsecured green bonds under its SEK 750 million framework, bringing total issuance to the framework’s full amount and carrying a floating rate of three-month Stibor plus 242 basis points. The company plans to list these green bonds on Nasdaq Stockholm’s sustainable bond list, reinforcing its funding base for sustainable retail and infrastructure projects and potentially strengthening its position in the Nordic property and green finance markets.

The most recent analyst rating on (SE:PRISMA) stock is a Hold with a SEK27.00 price target. To see the full list of analyst forecasts on Prisma Properties AB stock, see the SE:PRISMA Stock Forecast page.

More about Prisma Properties AB

Prisma Properties AB is a leading Nordic owner and developer of modern retail properties, focused on grocery stores, discount retailers and quick service restaurants, primarily in Sweden, Denmark and Finland, with ambitions to expand further across the region. The company invests in next-generation retail centres and fast-charging stations for electric vehicles in high-traffic locations, and its shares are listed on Nasdaq Stockholm Mid Cap under the ticker PRISMA, with headquarters in Stockholm.

Average Trading Volume: 80,889

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK4.19B

Find detailed analytics on PRISMA stock on TipRanks’ Stock Analysis page.