Handelsbanken has issued its first green bond
Handelsbanken has issued a 5-year green unsecure senior bond for a total value of EUR 500 million.
The bond was issued under the Bank’s recently launched Green Bond Framework. The framework has received the highest possible rating from the independent institute Cicero, Center for International Climate Research.
The funds raised from issuance of Handelsbanken’s green bonds will be used for lending to clearly definable investments that lead to low carbon dioxide emissions and a climate-sustainable future. Examples of this are clean transport, sustainable forest management, green buildings, renewable energy and sustainable water management.
There was very large interest from the market in the Bank’s first green bond and it was more than three times over-subscribed.
“We are delighted at the huge response from the market and the interest shown by both Swedish and international investors. By issuing a green bond, our focus on climate change and other sustainability topics becomes even clearer,” says Elisabet Jamal Bergström, Chief Sustainability Officer at Handelsbanken.
For further information, please contact:
Elisabet Jamal Bergström, Chief Sustainability Officer, + 46 8 701 50 32, +46 70 732 57 53
Lars Höglund, Head of Investor Relations, +46 8 701 51 70, +46 70 345 51 70
Johan Wallqvist, Head of Group Media Relations, +46 8 701 80 47, +46 72 206 34 50
For more information about Handelsbanken, see: www.handelsbanken.com