Kommuninvest, the Swedish local government debt office, today announced its plans for a first Green Bond denominated in Swedish krona (SEK):
KOMMUNINVEST I SVERIGE AB, rated AAA/Aaa (both stable), has mandated SEB and SWEDBANK as joint lead managers for its first Green Bond denominated in Swedish krona (SEK). The proceeds of the bonds will be utilised to support the financing of climate friendly projects according to KOMMUNINVEST’s green bond framework. The transaction will have a long 3-year maturity (May-2020) and the size is expected to be SEK 3-5BN. The transaction will be launched subject to market conditions, post domestic and global investor conference calls next week.
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