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Published on 10/3/2023 in the Prospect News Green Finance Daily.

New Issue: Hafslund brings NOK 1 billion green bonds in five-, six-year tranches

By Mary-Katherine Stinson

Lexington, Ky., Oct. 3 – Hafslund ASA priced NOK 1 billion of green bonds in two equal tranches, according to a notice.

The company priced a NOK 500 million tranche of five-year floating-rate notes at Nibor plus 100 basis points.

Additionally, it sold NOK 500 million of bonds with a coupon of 5.26% and a tenor of six years.

DNB Markets was the sole arranger.

Hafslund is an Oslo-based provider of hydropower.

Issuer:Hafslund ASA
Amount:NOK 1 billion
Issue:Green bonds
Bookrunner:DNB Markets
Announcement date:Oct. 3
Settlement date:Oct. 17
Five-year bonds
Amount:NOK 500 million
Tenor:Five years
Coupon:Nibor plus 100 bps
Six-year bonds
Amount:NOK 500 million
Tenor:Six years
Coupon:5.26%

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