Nobina investigates the possibility to issue an inaugural green bond

Nobina AB (publ.) (“Nobina”), the leading bus operator in the Nordic region, has appointed Swedbank and SEB to arrange a series of fixed income meetings in Stockholm on February 4th and 5th with respect to the company’s recently established framework for green bonds.

A SEK-denominated senior secured transaction with a tenor of 5 years and floating interest rate may follow, subject to, amongst other things, market conditions.

Nobina has a clear sustainability profile and sustainability is a clear and integrated part of the company’s business. The proceeds from a potential Green Bond is intended to be used in accordance with Nobina’s green bond framework to finance or re-finance, in part or in full:

-Fossil free vehicles such as electric and/or vehicles powered by bio-fuels

-Charging infrastructure for buses

Nobina’s Green Bond Framework has received the highest Dark Green shading by second opinion provider CICERO.

As previously communicated, Nobina has received an investment grade credit rating of BBB- (stable outlook) from Fitch Ratings.

Swedbank (Issuing Agent & Joint Bookrunner) and SEB (Joint Bookrunner) act as financial advisors on the transaction and Gernandt & Danielsson acts as legal counsel.

This information is such that Nobina AB (publ) is obligated to publish in accordance with the EU Market Abuse Regulation. The information was published, through the agency of the contact person mentioned below, on 31 January 2019 at 8:00 a.m. 

The arrangers’ target markets are retail, eligible and professional counterparties (all distribution channels).

For further information, please contact:
Mattias Gelinder, Group Treasurer and Head of IR, +46 72 967 02 61
Per Skärgård, CFO, +46 8 41 06 50 56

About Nobina
Nobina is the largest and most experienced public bus transport service provider in the Nordic region. The company’s expertise in prospecting, tendering and active management of public bus transport contracts in combination with long-term delivery quality makes Nobina the industry leader in terms of profitability, development and initiatives that promote a healthier industry. Every day, Nobina ensures that close to one million people arrive at work, school or other activities by delivering contracted public bus transport services in Sweden, Norway, Finland and Denmark. In addition, Nobina offers special public transport services under the brand Samtrans in the Swedish market. The company has sales exceeding SEK 9 billion (2017/18), more than 11,000 employees, and is headquartered in Solna, Stockholm. For more information, see Nobina’s website: www.nobina.com.