Hemsö is to borrow EUR 100 million from the EIB under the existing credit facility framework. The loan is unsecured, with a 15-year term and a fixed interest rate.
“The SEK 3 billion facility with the EIB will be used for new construction of energy-efficient public properties. The facility has all the attributes Hemsö seeks in terms of long durations and fixed-rate periods as well as flexibility in terms of currency. This new EUR 100 million loan will also meet Hemsö’s ambition of reducing financial risk through long-term borrowing at highly attractive terms and conditions, at the same time as it supports our investments in sustainable social infrastructure,” says Jonas Rosengren, Group Treasurer at Hemsö.