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Akelius issues €500M of hybrid bonds

Swedish real estate company Akelius Residential Property AB (publ) issued €500 million of hybrid bonds due 2078.

The bonds carry an annual coupon rate of 3.875% until 2023 and will be listed on the Irish Stock Exchange.

Barclays, Danske Bank and Deutsche Bank were the financial advisers, and Allen & Overy was the legal adviser.