Press release -
Kommuninvest issues SEK 5 billion in Green Bond
Kommuninvest today raised another SEK 5 billion (USD 0.5 billion) in an outstanding Green Bond. This was the 19th green transaction so far. The bond is denominated in SEK and matures on 2026-06-10.
The order book encompassed 14 investors, with a total interest of more than SEK 8 billion. The transaction was priced at 11 basis points above mid-swaps.
After this transaction, Kommuninvest has a total of over SEK 60 billion outstanding in nine Green Bonds – five of which are in SEK, one in USD and three in EUR.
– After having made two positive green transactions in a row in the EUR market, we were now met by strong green demand also in the SEK market. Our Green Bonds Programme, which now involves more than 600 eligible green investment projects, plays a useful role for the green transition of the municipal sector in Sweden, says Erik Rosenberg, Senior Funding Manager at Kommuninvest.
Transaction details: Press Points
For further information
Christian Ragnartz, Head of Debt Management, tel: +46 706 07 38 34, e-mail: christian.ragnartz@kommuninvest.se
Erik Rosenberg, Senior Funding Manager, tel: +46 10 470 87 03, e-mail: erik.rosenberg@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 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 approx. SEK 550 billion (USD ~51 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.
