Home Business & Finance Vattenfall issues EUR 500 million green bond
Vattenfall issues EUR 500 million green bond

Vattenfall issues EUR 500 million green bond

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In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with a tenor of seven years. The bond is the first international issuance under an EMTN programme under Swedish governing law, listed on Nasdaq Stockholm.

Vattenfall’s CFO Anna Borg comments on the excellent demand for the bond: “We have seen very strong interest in our first green bond, among European investors. I am happy that so many investors have chosen to participate in our bond offer, and chosen to contribute to our vision of a fossil-free life within one generation.”

The settlement date is 24 June 2019.

Fact box: green bond.

  •  Size:
EUR 500 million
  •  Interest spread:
ms+55bps
  •  Yield:
0.553%
  •  Coupon:
0.500%
  •  Price:
99.637%
  •  Listing:
Nasdaq Stockholm
  •  Documentation:
EMTN
  •  Governing law:
Swedish law
Source: group.vattenfall
Anand Gupta Editor - EQ Int'l Media Network