Fastpartner

Date:30-Nov-2018

Issue date: 30-Nov-2018 Maturity date: 30-May-2022 Tenor: 3.5
Issuer Name

Fastpartner

Amount Issued

SEK1bn (USD110m)

Country of risk

SwedenCBI Database

Included

Issuer Type1

Non-FinancialCorporate

Bond TypeGreen Bond Framework

Link to Framework

Second party opinion

CICERO

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☒ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☒ Energy performance☐ Water performance☒ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components ☐Adaptation & resilience

Senior unsecured

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Fastpartner is committed to disclosing the use of proceeds and relevant impact
metrics. Energy performance will be provided also in relative amounts compared tothe actual space taken in consideration (i.e. kWh/m2/year). Together with the use ofproceeds and the impact report, a proof of the certification of buildings will also beprovided.
Fastpartner is a Swedish real estate company that owns around 1.4 million sqm
between both residential and commercial buildings (mostly in Stockholm). It wasfounded in 1987, and its CEO is also a major shareholder of the organization. It has
been listed on the Nasdaq OMX Mid Cap list since 1994.

Firsts, records andcertifications
Proceeds description

Proceeds will be directed towards financing new and existing buildings that haveobtained a minimum Miljöbyggnad “Silver”, LEED “Gold”, BREEAM SE “Very Good”
or BREEAM “Very Good” and have an energy performance of at least 25% below
the current Swedish building regulation.
Building renovations are required to meet at least 25% reduction in energy
consumption for new buildings and to aim at an energy performance of less than
110kWh/sqm/year for existing properties. Onsite renewable energy systems, suchas rooftop solar and geothermal installations are also eligible, as well as energy
efficiency solutions for new and existing premises. Among these, heat pumps, LEDand district heating are just some of the solutions put forward.
In the SPO, CICERO notes that “the share of fossil fuels in district heating networks
in Sweden is low”.

Climate Bonds view

Underwriters

Sweden ranks seventh in the top countries for green bond issuance in 2018 todate, behind USA, China France, Germany, Netherlands and Belgium. The bondissued has a short tenor (3.5 years), which could play an important role inincreasing the appetite of asset investors in a scenario of rising interest rates.
Swedbank

Deal comments
Credit Rating
Pricing summary
Investors summary

Interest rate: STIBOR 3m + 2,85%

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government,
non-financial corporate, sovereign