Patriam Invest has issued first Swedish bond certified green by the Climate Bonds Initiative
In late 2020, Swedish property developer Patriam Invest initiated a SEK 400 million corporate bond issue to finance its business. Following the issue, Patriam has developed a green bond framework that successfully obtained Certification under the Climate Bonds Standard as of June 15. The bond constitutes the first Swedish bond issue to be Certified green under the Climate Bonds Standard.