nordic-investment-bank

Nordic Investment Bank issues US$500m, 7yr green bond – benchmark size & longest green bond issued by a supra in USD to date. 1.6x oversubscribed!

Submitted on Fri, 2014-09-26 07:39

Yesterday, The Nordic Investment Bank (NIB) issued their 6th (and largest!), green bond, to date: The USD 500mn, AAA-rated bond, with 7-year maturity and 2.25% coupon, was more than 1.6x oversubscribed, according to the bank’s pr

New $75m NIB Enviro Bond out

Submitted on Thu, 2012-08-30 23:43

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