Teollisuuden Voima Oyj issued a EUR 600 million green bond
Teollisuuden Voima Oyj (TVO) has issued a new EUR 600 million green bond.The seven-year bond was issued under TVO's EMTN programme. An application has been made for the bond to be admitted to trading on the regulated market of the Luxembourg Stock Exchange. The reoffer yield of the bond is equivalent to a 7-year Euro midswap rate of 2.836% +1.45%. The coupon is 4.25% and the issue price is 99.786%. BNP Paribas, Crédit Agricole CIB, Nordea and Swedbank acted as Joint Bookrunners for the new bond issue. The net proceeds of the Green Bond issued by TVO will finance or refinance, in