John Mattson is further increasing focus on its sustainability agenda by raising a sustainability-linked loan with Handelsbanken in connection with refinancing. The terms and conditions of the loan are linked to John Mattson’s active efforts to create safe residential areas for its tenants concurrently with efforts to reduce its climate footprint.
The sustainability-linked loan of SEK 949 million pertains to the refinancing of an existing loan. The loan has a tenor of three years and its terms and conditions are linked to the sustainability targets in the areas of social sustainability and reduced climate footprint that John Mattson adopted in 2022. The sustainability-linked loan strengthens the opportunities for borrowing with lower interest rates.
“Sustainability is at the core of long-term value creation for John Mattson and comprises an integrated component of our business model. In 2022, we raised our ambitions by adopting new long-term sustainability targets and have already demonstrated that we are delivering on these new targets. I am delighted that, in partnership with Handelsbanken, we are integrating our sustainability efforts with the Group’s funding. This creates further incentives for focused and systematic work with sustainability and strengthens our long-term development,” says Mattias Lundström, CFO of John Mattson.
“We have noted a clear market trend for companies to broaden their sustainability efforts by also including issues that are important from a societal perspective, which we view very positively,” says Anna Engqvist, Sustainable Finance Specialist at Handelsbanken Debt Capital Markets
Read more about John Mattson’s sustainability targets here:
https://corporate.johnmattson.se/en/about-us/business-idea-goals/
Lidingö, 13 March 2023
John Mattson Fastighetsföretagen AB (publ)
For further information, please contact:
Per Nilsson, CEO of John Mattson
+46 (0)8-613 35 02, [email protected]
Mattias Lundström, CFO of John Mattson
+46 (0)8-613 35 30, [email protected]
About John Mattson Fastighetsföretagen AB (publ)
John Mattson is a residential property company with 4,500 rental apartments as well as commercial premises in five municipalities in the Stockholm region: Lidingö, Sollentuna, Stockholm, Nacka and Upplands Väsby. As of 31 December 2022, the property value was SEK 15.7 billion. The focus of the company’s strategy is on property management, adding value, densification and acquisitions. The management of John Mattson’s properties is characterised by an overall perspective and close customer relationships. The company’s goal is to create great neighbourhoods across generations. John Mattson’s shares are listed on Nasdaq Stockholm, Mid Cap. Read more at: johnmattson.se and corporate.johnmattson.se.
Published on October 31 2024
