MTN Programme

Investment AB Latour has established an MTN programme with a framework of SEK 20 billion, or equivalent in EUR, that provides the opportunity to issue bonds in the capital market.

The base prospectus for the MTN programme was established in February, 2018, with a framework of SEK 4 billion, which has been increased in five steps and now amounts to SEK 20 billion. The base prospectus has been updated, approved and registered annually by the Swedish Financial Supervisory Authority (Finansinspektionen). The base prospectus contains information of the company as well as general terms and conditions for bonds issued under the program.

As of March, 27, 2025, SEK 12 350 million was outstanding under the program. For information on the base prospectus and final terms for each loan, see information below.

Information on outstanding loans:

• Loan 109: On March 5, 2020, a bond loan of a total of SEK 750 million was issued with a maturity of 5.5 years and runs at an annual fixed interest rate of 1.048 per cent.
• Loan 112, tranche 1: On June 7, 2021, a bond loan of a total of SEK 400 million was issued with a tenor of 6 years and matures on 16 June, 2027, and carries a floating interest rate of three months STIBOR + a margin of 0.57 per cent annually. Immediately after the issue, Latour entered into swap contract which means that the debt for tranche 1 will be converted to EUR with a Swap interest rate of 0,373 per cent.
• Loan 112, tranche 2: On September 3, 2021, a bond loan of a total of SEK 1,000 million was issued with a tenor of 5.75 years and matures on 16 June, 2027, and carries a floating interest rate of three months STIBOR + a margin of 0.57 per cent annually. Immediately after the issue, Latour entered into swap contract which means that the interest rate for tranche 2 is converted to a fixed interest rate of 0.975 per cent.
• Loan 113: On June 7, 2021, a bond loan of a total of SEK 350 m was issued with a tenor of 6 years and matures on 16 June, 2027, and carries a fixed interest rate of about 1.06 per cent annually. Immediately after the issue, Latour entered into swap contract which means that the debt for the loan will be converted to EUR with a swap interest rate of 0,37 per cent.
• Loan 114: On November 19, 2021, a bond loan of a total of SEK 600 million was issued with a tenor of 3 years, and carries a floating interest rate of three months STIBOR + a margin of 0.32 per cent annually. Immediately after the issue, Latour entered into swap contract which means that the debt for the loan will be converted to EUR with a swap interest rate of 0.1 per cent.
• Loan 115: On November 19, 2021, a bond loan of a total of SEK 600 million was issued with a maturity of 6 years and runs with an annual fixed interest rate of 0.765 per cent. Immediately after the issue, Latour entered into a swap contract which means that the debt for the loan will be converted to EUR with a swap interest rate of 0.1 per cent.
• Loan 116 - Green bond: On June 2, 2022, a bond loan of a total of SEK 450 million was issued with a tenor of 4 years, and carries a floating interest rate of three months STIBOR + a margin of 1.00 per cent annually. Immediately after the issue, Latour entered into a swap contract which means that the debt for the loan will be converted to euro with an interest rate converted to a floating EUR-based interest rate.
• Loan 117 - Green bond: On June 2, 2022, a bond loan of a total of SEK 250 million was issued with a maturity of 4 years and runs with an annual fixed interest rate of 3.43 per cent. Immediately after the issue, Latour entered into a swap contract which means that the debt for the loan will be converted to euro with an interest rate converted to a floating EUR-based interest rate.
• Loan 118: On May 5, 2023, a bond loan of a total of SEK 400 m with a tenor of 2.9 years and carries a floating interest rate of three months STIBOR + a margin of 0.87 per cent annually.  Immediately after the issue, Latour entered into a swap contract which means that the debt for the loan will be converted to euro with an interest rate converted to a floating EUR-based interest rate.
• Loan 119: On May 5, 2023, a bond loan of a total of SEK 1,100 mwith a tenor of 2.9 years and carries a fixed interest rate of 4.078 per cent annually.  Immediately after the issue, Latour entered into a swap contract which means that the debt for the loan will be converted to euro with an interest rate converted to a floating EUR-based interest rate.
• Loan 120: On May 31, 2023, a bond loan of a total of SEK 600 m with a tenor of 2 years and carries a floating interest rate of three months STIBOR + a margin of 0.67 per cent annually.
• Loan 121: On May 30, 2024, a bond loan of a total of SEK 300 m with a tenor of 5 years and runs with an annual fixed interest rate of 3.788 per cent. 
• Loan 122: On May 30, 2024, a bond loan of a total of SEK 700 m with a tenor of 5 years and carries a floating interest rate of three months STIBOR + a margin of 0.85 per cent annually. Immediately after the issue, Latour entered into swap contract which means that the interest rate for the loan is converted to a fixed interest rate of 3.773 per cent.
• Loan 123, tranche 1: On September 16, 2024, a bond loan of a total of SEK 500 m with a tenor of 2 years and carries a floating interest rate of three months STIBOR + a margin of 0.40 per cent annually.
• Loan 123, tranche 2: On October 11, 2024, a bond loan of a total of SEK 300 m with a tenor of 2 years and carries a floating interest rate of three months STIBOR + a margin of 0.40 per cent annually.
• Loan 124: On September 16, 2024, a bond loan of a total of SEK 650 m with a tenor of 4 years and carries a floating interest rate of three months STIBOR + a margin of 0.70 per cent annually.
• Loan 125: On September 16, 2024, a bond loan of a total of SEK 1,050 m with a tenor of 4 years and runs with an annual fixed interest rate of 2.708 per cent.
• Loan 126: On November 15, 2024, a bond loan of a total of SEK 650 m with a tenor of 3 years and carries a floating interest rate of three months STIBOR + a margin of 0.57 per cent annually.  Immediately after the issue, Latour entered into swap contract which means that the interest rate for the loan is converted to a fixed interest rate of 2.7475 per cent.
• Loan 127: On November 15, 2024, a bond loan of a total of SEK 500 m with a tenor of 3 years and runs with an annual fixed interest rate of 2.683 per cent.
• Loan 128: On November 15, 2024, a bond loan of a total of SEK 250 m with a tenor of 5 years and carries a floating interest rate of three months STIBOR + a margin of 0.90 per cent annually.
• Loan 129: On November 15, 2024, a bond loan of a total of SEK 500 m with a tenor of 5 years and runs with an annual fixed interest rate of 3.085per cent.  Immediately after the issue, Latour entered into swap contract which means that the interest rate for the loan is converted to a fixed interest rate of 3.105 per cent.
• Loan 130: On March 14, 2025, a bond loan of a total of SEK 600 m with a tenor of 2 years and carries a floating interest rate of three months STIBOR + a margin of 0.40 per cent annually.
• Loan 131: On March 14, 2025, a bond loan of a total of SEK 300 m with a tenor of 3 years and carries a floating interest rate of three months STIBOR + a margin of 0.60 per cent annually. Immediately after the issue, Latour entered into a swap contract which means that the debt for the loan will be converted to euro with an interest rate converted to a floating EUR-based interest rate.
• Loan 132: On March 14, 2025, a bond loan of a total of SEK 400 m with a tenor of 5 years and carries a floating interest rate of three months STIBOR + a margin of 0.90 per cent annually.  Immediately after the issue, Latour entered into swap contract which means that the interest rate for the loan is converted to a fixed interest rate of 3.4525 per cent.

Information about loans that have expired:

• Loan 101: On March 7, 2018, a bond loan of a total of SEK 750 million was issued with a maturity of 2 years and runs with an annual fixed interest rate of 0.24 percent.
• Loan 102: On March 7, 2018, a bond loan of a total of SEK 750 million was issued with a term of 2 years and runs with an annual variable interest rate of three months STIBOR + a credit margin of 0.40 percent.
• Loan 103: On March 7, 2018, a bond loan of a total of SEK 1,000 million was issued with a maturity of 4 years and runs with an annual variable interest rate of three months STIBOR + a credit margin of 0.75 per cent.
• Loan 104: On May 8, 2018, a bond loan of a total of SEK 600 million was issued with a term of 2.5 years and runs at an annual fixed interest rate of 0.36 percent.
• Loan 108: On March 3, 2020, a bond loan of a total of SEK 1,750 million was issued with a maturity of 18 months and runs with an annual variable interest rate of three months STIBOR + a credit margin of 0.40 percent. 
• Loan 106: On November 13, 2019, a bond loan of a total of SEK 1,100 million was issued and runs of just over 3 years maturing on March 27, 2023 and runs with an annual variable interest rate of three months STIBOR + a credit margin of 0.52 per cent. Immediately after the issue, Latour entered into swap contract which means that the debt for the loan will be converted to EUR with a swap interest rate of 0.138 per cent.
• Loan 110: On June 7, 2021, a bond loan of a total of SEK 600 million was issued with a tenor of 2 years and matures on 16 June, 2023, and carries a floating interest rate of three months STIBOR + a margin of 0.22 per cent annually. 
• Loan 111: On June 7, 2021, a bond loan of a total of SEK 850 million was issued with a tenor of 3 years and matures on 17 June, 2024, and carries a floating interest rate of three months STIBOR + a margin of 0.30 per cent annually.
• Loan 105: On September 17, 2019, a bond loan of a total of SEK 900 million was issued with a maturity of 5 years and runs with an annual fixed interest rate of 0.878 per cent. Immediately after the issue, Latour entered into a swap contract which means that the debt for the loan will be converted to EUR with a swap interest rate of 0.35 per cent.
• Loan 107: On 13 November 2019, a bond loan of a total of SEK 900 million was issued with a maturity of just over 5 years, maturing on March 27, 2025 and has an annual variable interest rate of three months STIBOR + a credit margin of 0.82 percent. Immediately after the issue, Latour entered into swap contract which means that the debt for the loan will be converted to EUR with a swap interest rate of 0.509 per cent.