Vasakronan issues ‘first’ corporate green bond

By Jon Hay
18 Nov 2013

Electricité de France completed its roadshow today for what has been seen as the first specially structured corporate green bond – and is expected to launch the deal tomorrow or on Wednesday. Yet today, another corporate green bond was issued, a Skr1.3bn (€145m) deal for Vasakronan, the Swedish housing company.

“We launched the first corporate green bond today,” said Christopher Flensborg, head of sustainable products and product development at SEB, the deal’s bookrunner. “It was for Vasakronan, the biggest Swedish corporate bond issuer, which has €10bn of properties and is owned by the national pension fund. We used ...

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