Landshypotek Bank issues the first ever green covered bond to finance sustainable forestry
Landshypotek Bank has priced the first green covered bond from a Swedish issuer, and the largest ever green bond in Swedish krona.The bond is backed by and aims to finance sustainable forestry in Sweden. It has been met by a great deal of interest both from investors in and outside of Sweden and the books was above 12 billion SEK after only half an hour. With an issue size of SEK 5.25 billion, it is the largest green issue ever made in the Swedish market. There is substantial interest in green bonds and the offering has expanded over the last few years. The bonds are often based