Handelsbanken issues an inaugural Green Covered Bond
This week Handelsbanken, through its subsidiary Stadshypotek, successfully issued an inaugural Green Covered Bond. The issue consisted of a five-year bond of 1 billion euros. With an order book exceeding 2 billion euros, the issue could be priced at a very competitive level.
“Last year Handelsbanken updated its Green Bond Framework to include green mortgages and are now pleased to have issued our first Green Covered Bond, thus enabling us to support also private customers on their sustainability journey,” says Catharina Belfrage Sahlstrand, Group Head of Sustainability and Climate action.
Handelsbanken’s Head of Investor Relations Peter Grabe notes that the interest for the Green Covered Bond was very high.
"The issue's size and price level is a clear sign of the bank's strength and good standing in the international funding markets."
A successful collaboration between several areas of the bank enabled the issuance of Handelsbanken’s inaugural Green Covered Bond.
For more information, please contact:
Handelsbanken’s press office, +46 8 701 80 18
For more information about Handelsbanken, see: www.handelsbanken.com