Securitas Launches Its First Sustainability-Linked Bond Worth MEUR 300
Securitas Issues an Inaugural 7.25-Year MEUR 300 Sustainability-Linked Bond
On February 20, 2025, Securitas AB successfully closed its inaugural sustainability-linked bond valued at MEUR 300 within the Eurobond market. The bond boasts a maturity date set for 2032, providing a robust outlook for Securitas's future commitments toward sustainability and responsible corporate governance.
With a coupon rate of 3.375 percent, which includes a margin of 110 basis points, this bond represents a significant move for Securitas as it aims to not only refinance existing debts but also fulfill various general corporate necessities. The proactive measure of issuing a sustainability-linked bond underscores Securitas's dedication to upholding environmental, social, and governance (ESG) principles, a growing demand among investors in today's financial landscape.
The joint lead managers for this bond issuance included prominent financial institutions, namely BBVA, Citi, ING, KBC, and SEB. INGB acted as the Sustainability Structuring Advisor, ensuring that the terms of the bond align with sustainable Investing goals and practices.
This initiative marks a significant step for Securitas as the company navigates the ever-evolving bond market, which increasingly favors sustainability-linked instruments. The successful closure of this bond not only enhances Securitas's financial standing but also demonstrates the strong market appetite for financial products that meet sustainability criteria. Investors around the globe are increasingly prioritizing companies that actively contribute to environmental solutions and social causes.
The proceeds from this bond will be primarily utilized for refinancing existing debt obligations. This strategy is particularly pivotal in a time when companies are looking to manage and optimize their capital structure in the wake of economic uncertainties. By leveraging the bond, Securitas aims to strengthen its financial footing while actively engaging in sustainability efforts.
Furthermore, the issuance of this sustainability-linked bond signals to the market that Securitas is committed to adhering to responsible business practices that prioritize long-term sustainability over short-term gains. The bond will help the company navigate future challenges while also fulfilling investor expectations regarding sustainable and ethical investment opportunities.
For investors wishing to gain insights into Securitas’s upcoming plans or inquiries about the bond, Micaela Sjökvist, the Vice President of Investor Relations, is available for contact. Investors can reach out directly at +46 76 116 7443 or via email at m.sjokvist@securitas.com.
In summary, the successful issuance of the MEUR 300 sustainability-linked bond by Securitas AB epitomizes the company's forward-thinking approach and its resolve to pursue sustainability goals. It serves as a compelling case study for other corporations looking into the benefits and potential of sustainable finance options. As the emphasis on corporate responsibility grows, financial instruments like these are likely to become more prevalent, reshaping the future of investments and corporate strategies worldwide.