Swedbank issues its second Green Bond
On March 22 Swedbank successfully issued its second Green Bond which will contribute to a more sustainable society and tackle climate change.
Swedbank established a Green Bond Framework during 2017 and yesterday issued its second Green bond, this time a SEK 2 billion, 5 year senior unsecured 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.
- We welcome with great joy the increasing number of green projects that we finance for our customers, says Fredrik Nilzén, Head of Sustainability at Swedbank.
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, +46 76 773 19 26
Gregori Karamouzis, Head of Investor Relations, +46 72 740 63 38
Josefine Uppling, Head of Press Office, +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 625 000 corporate customers and organisations with 218 branches in Sweden and 133 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 6 February, 2018 the group had total assets of SEK 2 213 billion.
Read more at www.swedbank.com