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Citycon Launches a Green Financing Framework
"Sustainability is embedded in all of Citycon's operations. Now we are also able to integrate sustainability objectives in our financing activities. The Green Financing Framework will further support Citycon's profile as a forerunner in sustainability and enable us to broaden our investor base", says Ben Helsing , Group Treasurer of Citycon.
The Framework has been developed in alignment with the Green Bond Principles 2018. Cicero, a global leading independent provider of second opinions on green bonds, has provided an external second opinion on Citycon's Green Financing Framework, which received a medium green ranking in Cicero's "Shades of Green methodology". The framework together with the external second opinion are available on Citycon's website at https://www.citycon.com/investors/financing/green-financing. Swedbank acted as an advisor in the development of the framework.
Espoo, 5 November 2019
CITYCON OYJ
Ben Helsing
Group Treasurer
Tel. +358-50-570-2726
ben.helsing@citycon.com
Mikko Pohjala
IR and Communications Director
Tel. +358-40-838-0709
mikko.pohjala@citycon.com
Citycon is a leading owner, manager and developer of urban, grocery-anchored shopping centres in the Nordic region, managing assets that total approximately
EUR 4.4 billion . Citycon is No. 1 shopping centre owner in
Finland and among the market leaders in
Norway , Sweden and
Estonia . Citycon has also established a foothold in
Denmark .
Citycon has investment-grade credit ratings from Moody's (Baa3) and Standard & Poor's (BBB-). Citycon Oyj's share is listed in Nasdaq Helsinki.
www.citycon.com
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