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New $75m NIB Enviro Bond out
Published: 30 Aug 2012
Nordic Investment Bank this week issued a new 20 year (yes, long dated are selling) SEK 500 million "Environmental Bond", linked to their environmental lending portfolio. It was sold mainly to Scandinavian investors. Lead Managers were SEB (go Christopher Flensborg!) and BoAML. Interest rate 2.75%. For details (including about their ring-fencing) go to http://www.nib.int/capital_markets/environmental_bonds
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