News

24 februari, 2022

Falling credit sentiments indicate higher credit margins ahead

In the February issue of CREDI, the Main index decreases from 57.1 to 44.6 indicating a significant deterioration in the market for real estate debt. Increasing bond spreads show a similar development in the bond market.

“Our survey suggests a large shift for the worse. Above all, it is the banks that see tougher times ahead in the market for real estate debt due to higher credit margins”, says Jacob Bruzelius, Head of Debt Advisory at Catella.

“Higher credit margins for bank debt going forward will, in combination with the already elevated swap rates and bond spreads, lead to higher average interest rates in the Swedish real estate sector”, Jacob Bruzelius continues.

“The extremely expansionary monetary policy will probably have to be tightened quite a bit in the future if central banks are going to bring down inflation. The risk is that this leads to falling asset prices, which in turn can lead to a recession. The most likely development going forward is that the monetary tightening will not be that forceful. However, inflation will not be curbed either. Real estate as an asset class is a traditional hedge against inflation, which leads to capital flows into the sector if inflation takes hold”, says Arvid Lindqvist, Head of Research at Catella.

The Catella Real Estate Debt Indicator (CREDI) is attached and can also be downloaded from catella.com/en/sweden/research. CREDI consists of two parts: one is an index based on a survey of listed property companies and active banks, and the other a set of indices and analyses based on publicly available data.


22 februari, 2022

Information pertaining to convertible bonds in Arise AB (publ)

In 2017, Arise AB (publ) (”Arise”) issued convertible bonds with ISIN SE0009607088 (the ”Convertibles”).

The last day of trading in the Convertibles is February 24, 2022 and the last day to apply for conversion of Convertibles into ordinary shares in Arise is February 28, 2022. For nominee-registered holdings, the last day to apply for conversion may differ and such applications for conversion of Convertibles shall be made in accordance with instructions from such nominee.

Convertibles, for which an application has not been received by February 28, 2022, will be redeemed at par on or about March 31, 2022.

Complete terms and conditions for the Convertibles as well as the application form for conversion is available on Arise’s website https://www.arise.se/en/convertible-bonds-rights-issue-2017

Halmstad, 22 February 2022

ARISE AB (publ)

For further information, please contact:

Linus Hägg, CFO, Arise AB, +46 702 448 916


17 februari, 2022

Arise AB (publ) has established a Green Financing Framework and investigates the possibility to issue green senior unsecured bonds

Arise AB (publ) (“Arise” or “the Company”), today announces its new Green Financing Framework (the “framework”). The framework outlines details for investments exclusively in renewable energy. Through these investments, Arise wishes to promote low carbon solutions and climate-resilient development. Please see the Green Financing Framework available on Arise’s website for further details, www.arise.se.

To confirm the framework’s alignment with the 2021 version of the ICMA Green Bond Principles, Arise has obtained a second-party opinion from Cicero Shades of Green. Cicero Shades of Green has awarded the framework a dark green shade. Under the framework, Arise may, in addition to bonds, also include existing and future bank debt. DNB Markets has acted as structurer of the framework.

In relation to the establishment of the Green Financing Framework, Arise has mandated DNB Markets as Sole Bookrunner to arrange a series of fixed-income investor meetings, commencing on 18 February 2022. An expected 4 year floating rate senior unsecured green bond of up to EUR 50 million may follow, subject to inter alia market conditions.

Halmstad, 17 February 2022

Arise AB (publ)

 

For further information, please contact

Linus Hägg, CFO Arise AB, +46 702 448 916


10 februari, 2022

Power production in January 39.5 GWh

Better wind conditions than normal in January resulted in a power production of 39.5 GWh, compared to the month’s budget of 35.2 GWh.

Halmstad, 10 February 2022

ARISE AB (publ)

For further information, please contact:

Per-Erik Eriksson, CEO Arise AB, +46 702 409 902

This information is information that Arise AB is obliged to make public pursuant to the EU MarketAbuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14.00 CET on 10 February, 2022.

Regarding information about how we process your personal data we refer to our Privacy policy, which is available on our website www.arise.seIf you no longer wish to have our press releases and news please contact us via info@arise.se.

About Arise

Arise is  a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on NASDAQ Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)10 450 71 00, corporate id .no. 556274-6726. E-mail info@arise.se, www.arise.se


31 januari, 2022

Change in number of shares and votes in Arise AB (publ)

During January, the number of shares and votes in Arise AB (publ) has increased due to the conversion of convertibles issued under a preferential rights issue of convertibles in 2017. As of 31 January 2022, the number of shares and votes in Arise AB (publ) amounts to 39,180,431.

Halmstad, 31 January 2022

ARISE AB (publ)                                       

For further information, please contact:

Linus Hägg, CFO Arise AB, +46 702 448 916

The information in the press release is such that Arise AB (publ) is required to disclose pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out above, at 15.00 pm CET on 31 January 2022.