Press release -
Kommuninvest raises SEK 5 billion in new Green Bond
Kommuninvest today raised SEK 5 billion (USD 0.6 billion) in a new Green Bond. This was the 13th green transaction so far. The bond is denominated in SEK and matures on 2026-06-10.
Investor interest was strong. The order book included 20 Swedish and international investors. The transaction was priced at 0 basis points above mid-swaps.
After the completion of this transaction, Kommuninvest has a total of approximately SEK 51 billion outstanding in 7 Green Bonds, 5 of which are in SEK and 2 in USD.
– This was yet another solid green transaction. It is positive to see that our Green Bonds continue to meet broad and active interest in the market. Through our green funding, we finance impressive sustainability efforts – consisting of more than 450 green investment projects – in the Swedish municipal sector, says Tobias Landström, Deputy Head of Debt Management at Kommuninvest.
Please find attached below a detailed Deal Summary.
For further information
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 the start in 1986, the Kommuninvest collaboration has helped reduce the local government sector’s borrowing costs by many billion SEK. Currently, 292 municipalities and regions are members of this voluntary cooperation. With a balance sheet total exceeding SEK 525 billion (USD ~62 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.
