Nordea goes tight on green debut

By Tyler Davies
26 Jun 2017

Nordea Bank set a final spread of just 18bp over mid-swaps for its first entry into the green senior bond market on Monday, as banks start to step up their use of the format.

The net proceeds of Nordea’s inaugural green issue will go toward financing assets that have been selected through the bank’s green bond framework, which sits in line with the latest edition of the Green Bond Principles. Eligible projects centre on renewable energy generation, energy efficiency infrastructure, green buildings, ...

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