Patriam Invest AB (publ) (the ”Company” or ”Patriam”) publishes a company description and has applied for a listing of its 2022/2025 bonds on the Nasdaq First North Bond Market ("Nasdaq First North").

On 25 May 2022, Patriam issued a senior secured green bond loan denominated in SEK of 149 million and in EUR of 24 million respectively, within a framework of SEK 1,500 million (or its equivalent in euro), to finance the Company's continued expansion. The bonds have a maturity of three years and bear interest at a floating rate of 3 months STIBOR and EURIBOR plus 9.5 percent per annum, respectively, and have a final maturity date of 25 May 2025.

In accordance with the terms of the bonds, the Company has applied for a listing of the bonds on Nasdaq First North and the first day of trading is expected to be 20 July 2022. In connection with the listing, the Company has prepared a company description. The company description will be published on the Company's website (www.patriam.se).

In connection with the capital raising, the Company has called for the early redemption of its outstanding bonds 2020/2023 of SEK 140 million. The capital raising will also finance the acquisition of the Patriam Lilla Essingen property, which is expected to take place in July/August 2022, as well as create liquidity for future property acquisitions.

"The listing will help strengthen liquidity in the secondary market, which will benefit both existing and future investors. In addition, we will be able to further develop Patriam thanks to increased visibility in the market. Patriam Lilla Essingen is a very exciting project that fits well into our existing project portfolio and the green financing fits well with our sustainable business and vision," comments Andreas Holmberg, CEO of Patriam.

SIP Nordic Fondkommission AB has acted as arranger, JOOL Corporate Finance AB has acted as Corporate Finance Advisor and Roschier Advokatbyrå AB has acted as legal advisor in connection with the transaction.

The information was submitted for publication, through the agency of the contact person set out below, at 16:10 CEST on 19 July 2022.

For further information, please contact:
Andreas Holmberg, CEO
E-mail: andreas.holmberg@patriam.se
Phone: 070-209 30 40

Ludvig Fredriksson, CFO
E-mail: ludvig.fredriksson@patriam.se
Phone: 072-141 51 28

About Patriam
Patriam is a family-owned real estate developer based in Stockholm. The group was founded in 2015 and has its roots in the EBAB Group, which is one of Sweden's largest in projects and property development. Patriam is an experienced developer that focuses on attractive locations where both demand and purchasing power are expected to be good. Patriam is currently working on a handful of projects in Stockholm.