Lantmännen updates MTN programme to enable issuance of green bonds
Lantmännen’s board of directors has decided to update the base prospectus of the existing MTN programme to enable issuance of green bonds. Today, Finansinspektionen (the Swedish Financial Supervisory Authority) has approved and registered the base prospectus.
The board of directors of Lantmännen ek för (eng. economic association) has decided to update the existing SEK 3 billion Medium Term Note programme (“MTN programme”). The update of the MTN programme is undertaken in view of the authorization by the board of directors to issue green bonds. Today, April 14 2021, Finansinspektionen (the Swedish Financial Supervisory Authority) has approved and registered the base prospectus.
Lantmännen’s aim is to mobilize debt capital to promote the transition towards a low-carbon and environmentally sustainable society. The use of proceeds of any green bond issued under the MTN programme will be allocated in accordance with Lantmännen’s newly established Green Bond Framework.
The prospectus is attached in this communication and electronic copies are available on Lantmännen’s webpage (https://www.lantmannen.com/) and Finansinspektionens webpage (https://www.fi.se/en/).
For more information, please contact:
Christian Johansson, Chief Financial Officer at Lantmännen
Phone: 0705 37 12 27
Email: christian.johansson@lantmannen.com
Lantmännen’s press department
Phone: 010 556 88 00
Email: press@lantmannen.com
About Lantmännen
Lantmännen is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Owned by 19,000 Swedish farmers, we have 10,000 employees, operations in over 20 countries and an annual turnover of SEK 45 billion. With grain at the heart of our operations, we refine arable land resources to make farming thrive. Some of our best-known food brands are AXA, Bonjour, Kungsörnen, GoGreen, Gooh, FINN CRISP, Schulstad and Vaasan. Our company is founded on the knowledge and values acquired through generations of farmers. With research, development and operations throughout the value chain, together we take responsibility from field to fork. For more information: www.lantmannen.com
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