The tenor of the bond is 3.5 years and the interest 3M Stibor +3.50%. The bonds will be listed on Nasdaq Sustainable Bond List.

"We are very pleased to have been able to attract investor interest from several large institutions that by investing in us show that they believe in Bonava as a strong and leading property developer in northern Europe with a sustainable focus," says Ann-Sofi Danielsson, CFO at Bonava.

Danske Bank has acted as green structuring advisor for the green financing framework and financial advisor in the transaction together with SEB.