Nobina issues green bus bond
The Nordic region’s largest public transport company, Nobina AB (publ), issued on Wednesday, 6 February its first green bond to finance buses. The bond of SEK 500 million with a five-year tenor has a floating rate coupon of STIBOR 3 months plus 155 basis points, which corresponds to an initial coupon of circa 1.47 percent. The bond is also the first green bond linked to the public transport sector in the Nordic region and the rapid green transition currently taking place, with electric and fossil-free buses.Public transport is an important part of the solution towards a sustainable,