Press release -
Kommuninvest plans to issue new Green Bond
Kommuninvest intends to issue a 7-year fixed rate Green Bond in SEK.
For this transaction, SEB, Svenska Handelsbanken and Swedbank have been appointed lead banks. The transaction can, depending on market conditions, be expected towards the end of this week.
In this context, the auction in the Swedish Benchmark Programme planned for 18 November will be canceled.
Within Kommuninvest's Green Bonds Framework, local and regional investment projects are financed in eight categories: ranging from renewable energy and green buildings to climate change adaptation and clean transportation. To date, Kommuninvest has granted over SEK 70 billion in Green loans for 400 investment projects in 160 municipalities and regions.
For further information
Christian Ragnartz, Head of Debt Management, tel: +46 706 07 38 34, e-mail: christian.ragnartz@kommuninvest.se
Tobias Landström, Deputy Head of Debt Management, tel: +46 705 86 78 51, e-mail: tobias.landstrom@kommuninvest.se
David Ljung, Head of Communications, tel: +46 73 068 45 45, e-mail: david.ljung@kommuninvest.se
Topics
Kommuninvest is a municipal cooperation for efficient and sustainable financing of housing, infrastructure, schools, hospitals etc. Together, we get better loan terms than each one individually. Since its inception in 1986, the Kommuninvest collaboration has helped lower the local government sector’s borrowing costs by many billion kronor. Currently, 292 municipalities and counties/regions are members of this voluntary cooperation. With total assets exceeding SEK 450 billion (USD ~47 billion), Kommuninvest is the largest lender to the local government sector and one of the ten largest credit institutions in Sweden. The head office is located in Örebro.
