Green bonds grow with SCA, Skanska deals

Skanska Powerhouse Kjorbo, nr Oslo for new website
By Jon Hay
03 Apr 2014

Two new companies have joined the green bond market in the past week, with domestic deals in Swedish kronor led by SEB. Skanska’s deal, related to property development, was the third from that sector, but SCA’s transaction was the first from the forest products industry.

What was perhaps most significant, however, was that the deals were not from the kind of very large blue chip companies like Electricité de France, Unilever and Unibail-Rodamco that have issued most of the green bonds so far, but from a slightly smaller tier of companies — in ...

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