7R has completed the third phase of its green bond issuance program, securing a total of approximately €77 million since the beginning of the year. This marks a significant milestone in the implementation of its €100 million bond program.
“This is the third issuance this year. Investor interest remains strong, demonstrating confidence in our strategy and our ability to deliver on our goals. With the capital raised, we have acquired and secured land for projects with a total area of around 400,000 sqm GLA in key locations across Poland,” said Tomasz Mika, CFO and Management Board Member at 7R.
High Environmental Standards
The projects financed will meet stringent environmental standards, achieving at least BREEAM Excellent certification and exceeding local Nearly Zero Energy Building (NZEB) requirements by a minimum of 10%. 7R has proven expertise in this field, as evidenced by its 7R Green Saver product line. With the newly acquired funds, the company will further contribute to the EU’s climate protection objectives and the UN Sustainable Development Goals.
Green Finance Principles
The bonds were issued under the 7R Green Finance Framework, which aligns with the international ICMA Green Bond Principles and LMA Green Loan Principles, ensuring full transparency and financial accountability. The sole organizer of the issuance program is Michael / Ström Dom Maklerski. The bonds are listed on the Catalyst market, highlighting 7R’s commitment to sustainable financing.
Source: CEO.com.pl
