Swedbank issues its first Green Bond
On 30 October Swedbank successfully issued its inaugural Green Bond to accelerate the journey towards a more sustainable society and tackle climate change.
Swedbank has recently established a Green Bond Framework and yesterday issued its inaugural EUR 500 million, 5 year Green bond.
The proceeds from the Green Bond will be used to finance sustainable real-estate and renewable energy investments that reduces the carbon usage in society and contribute to several of the UN Sustainable Development Goals, as specified in Swedbank’s Green Bond Framework.
Swedbank intends to be a regular issuer in the Green Bond market.
For further information regarding Swedbank’s Green Bond Framework:
For more information:
Fredrik Nilzén, Head of Group Sustainability, Swedbank, +46 76 773 19 26
Gregori Karamouzis, Head of Investor Relations, Swedbank, +46 72 7406338
Josefine Uppling, Head of Press Office, Swedbank, +46 76 114 54 21
Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to development “Beyond Financial Growth”. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 647 000 corporate customers and organisations with 220 branches in Sweden and 134 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 24 October, 2017 the group had total assets of SEK 2 460 billion.
Read more at www.swedbank.com