SpareBank 1 SMN to spark green flurry

By Frank Jackman
11 Feb 2021

SpareBank 1 SMN’s second green bond, priced on Thursday, is set to spark a flurry of similar green deals as issuers try and take advantage of the demand on offer for labelled debt — even at near-term tights.

The Norwegian firm appointed Danske Bank, ING, Santander, Société Générale and UniCrediton Wednesday to arrange a €500m no-grow seven year preferred senior in green format.

The bond hit screens the following morning, with the leads circulating initial price thoughts in ...

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