On
There was considerable investor interest and the order book exceeded
The total amount of
SEK 1.1 billion with a maturity of 7 years with floating interest rate of Stibor 3 month plus 0.90 percent.SEK 0.4 billion with a maturity of 7 years with a fixed interest rate of 1.398 percent.
"Limiting global warming is the greatest challenge of our time. By issuing green bonds, we allow investors to actively contribute to further increase the positive effect from SCA's climate benefit. I am very pleased, that with this successful transaction, we now take the next step in harmonising SCA's financing with the business strategy and sustainability platform," says
The bonds will be listed on NASDAQ Stockholm Sustainable Bonds. The proceeds will be allocated in accordance with SCA's 2021 Green Bond Framework, which has received the highest possible rating, "dark green", from CICERO Shades of Green.
For further information, please contact:
https://news.cision.com/sca/r/sca-has-issued-green-bonds-amounting-to-sek-1-5-billion,c3367518
https://mb.cision.com/Main/600/3367518/1432200.pdf
(c) 2021 Cision. All rights reserved., source