Tele2 issues first sustainability linked bond
Stockholm – Tele2 AB (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) has successfully issued its first sustainability linked bond following the recent publication of its Green and Sustainability-Linked Financing Framework.The sustainability-linked bond is a SEK 1.6 billion five-year dual tranche senior unsecured bond with the final redemption price based on Tele2 achieving sustainability performance targets (“SPTs”) linked to its Green and Sustainability-Linked Financing Framework. The SPTs for Tele2’s sustainability linked financing are: · Reduction of Scope 1 & 2 greenhouse gas