The eco-friendly Mars neighborhood in Trollhättan with 177 apartments is financed with green bonds
The eco-friendly Mars neighborhood in Trollhättan with 177 apartments is financed with green bonds

Press release -

​Kommuninvest plans seventh Green Bond

Kommuninvest plans to issue a new green bond, its seventh to date and the fifth in Swedish kronor. Danske Bank, SEB and Swedbank have been appointed lead managers for the transaction, which can be expected in the near future, market conditions permitting.

Under its Green Bonds framework, Kommuninvest finances Swedish municipal investment projects in eight areas, including renewable energy, green buildings, public transport and water management.

At the end of April, 2019, Kommuninvest's portfolio of Green loans amounted to a total of 251 projects in 119 municipalities and regions. In total, SEK 48.8 billion (USD 5.1 billion) had been committed, of which SEK 32.2billion (USD 3.4 billion) had been disbursed.

Kommuninvest finances the Green loans through Green Bonds issuance. To date, Kommuninvest has issued a total of SEK 23.9billion (USD 3.7 billion) in six transactions, making Kommuninvest Sweden's largest green bond issuer. Currently, five green bonds are outstanding.

For further information

Christian Ragnartz, Head of Debt Management, tel: +46 706 07 38 34, e-mail: christian.ragnartz@kommuninvest.se

Pelle Ekestubbe, Senior Portfolio Manager, tel: +46 (0)10-470 88 62, e-mail: pelle.ekestubbe@kommuninvest.se

Björn Bergstrand, Head of Media Relations, tel: +46 (0)10 470 87 31 alt. +46 70 886 94 76, e-mail: bjorn.bergstrand@kommuninvest.se

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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, 289 municipalities and regions are members of this voluntary cooperation. With total assets exceeding SEK 400 billion (USD ~41 billion), Kommuninvest is the largest lender to the local government sector and one of the ten largest credit institution in Sweden. The head office is located in Örebro.

Contacts

Victoria Preger

Victoria Preger

Press contact Chief Communication Officer +46 702 66 87 26

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Kommuninvest Green Bonds Impact Report Dec 2018
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We finance welfare

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 the start in 1986, the Kommuninvest collaboration has helped reduce the local government sector’s borrowing costs by many billion SEK. Currently, 294 municipalities and regions are members of this voluntary cooperation. With a balance sheet total of more than SEK 600 billion (USD ~55 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.

Kommuninvest
Drottninggatan 2
70142 Örebro
Sverige
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