Hemsö to borrow EUR 100 million over 15 years from the European Investment Bank (EIB)
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.