Epiroc issues green bonds amounting to SEK 2 billion
Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has issued green bonds to finance sustainable investments, expenditures, and R&D.Epiroc yesterday issued SEK 2 billion in green bonds with considerable investor interest and an order book exceeding SEK 3 billion. The tenor is five years, and the bond has two tranches, one fixed and one floating. The fixed tranche of SEK 1.5 billion has a coupon of 4.155% and the floating tranche of SEK 0.5 billion was priced at 3M STIBOR plus 1.20%. The bond is issued under Epiroc’s