Nordic Investment Bank launches US$567m euro green bond
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[LONDON] The Nordic Investment Bank said on Thursday it had launched an eight-year US$567 million green bond to help to finance environmental projects.
The proceeds from so-called green bonds help to pay for projects relating to renewable energy, energy-efficiency, green transport and wastewater treatment.
This is second green bond in euros by the Nordic Investment Bank, which provides funding for projects in the Nordic and Baltic countries.
The bond attracted strong interest from investors including Dutch development bank FMO, Dutch pension fund APG and the Fourth Swedish National Pension Fund (AP4), the Nordic Investment Bank said.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
