Norwegian covered bond trio going green
Sparebanken Sør Boligkreditt will become the fourth Norwegian bank to issue a green covered bond after mandating leads for a roadshow on Thursday. It follows the first green covered bond by Norway’s SR Boligkreditt and a vanilla deal from Møre Boligkreditt issued this week.
Sør Boligkreditt appointed ING as sole green bond structuring adviser and sits alongside joint leads Commerzbank, Natixis, SEB and Swedbank, which have been appointed to arrange a European investor roadshow from October 10.The borrower plans to issue a €500m no-grow deal rated Aaa (Moody's) ...
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