Green Bond Fact Sheet

Sagax AB

Date: 20/01/2020

Issue date: 16-12-2019 Maturity date: 16-06-2023 Tenor: 4
Issuer Name

Sagax AB

Amount Issued

SEK750m/USD80m

Country of risk

SwedenCBI Database

Included

Issuer Type1

Non-FinancialCorporate

Bond Type

N/A

Green Bond Framework

N/A

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☐ Energyperformance☐ 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
☐ Flood protection☐ 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

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

Sagax will provide a Green Finance Investor Report on an annual basis. The report, which will
be made publicly available on the company’s website, will include detailed information on
proceed allocations as detailed on p. 5 of the issuer’s Green Finance Framework. It will also
disclose the performance of the eligible assets financed according to the following impact
indicators:
1. Energy performance (kWh/sqm and year)1. Energy generated (kWh/year)
2. Renewable energy capacity installed (MW), and
3. Annual GHG emissions reduced/avoided in tCO2
Sagax is a property that invests in commercial properties mainly in the warehouse and lightindustry segments. The company’s property holdings amounted to more than 3 million
square metres in 539 properties at the end of Q3 2019. Sagax owns properties in sevencountries (Sweden, Finland, France, the Netherlands, Spain, Germany and Denmark), and islisted on Nasdaq Stockholm.

Firsts, records andcertifications
Proceeds description

The green bond proceeds will finance low-carbon, energy-efficient buildings in Sagax’sportfolio. The properties will need to have a LEED certification at minimum Gold level.

Climate Bonds view

The Swedish real estate industry continues being triumphant in the market: Sagax is the
21st entity in this sector to enter the market, bringing the total amount issued to theequivalent of USD9.1bn.

Underwriters

Nordea, SEB

Deal comments
Credit Rating
Pricing summary
Investors summary

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