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Published on 5/12/2022 in the Prospect News Green Finance Daily.

New Issue: Storebrand Boligkreditt sells NOK 5.5 billion green bonds due 2027

By Mary-Katherine Stinson

Lexington, Ky., May 12 – Storebrand Boligkreditt AS sold NOK 5.5 billion green covered bonds, according to a notice.

Danske Bank, DNB, Nordea and SEB were joint lead managers.

Lysaker, Norway-based Storebrand Boligkreditt is a wholly owned subsidiary of Storebrand SA. Storebrand offers life insurance, asset management and banking services.

Issuer:Storebrand Boligkreditt
Amount:NOK 5.5 billion
Issue:Green covered bond
Maturity:May 20, 2027
Bookrunners:Danske Bank, DNB, Nordea and SEB
Spread:Nibor plus 47 bps
Announcement date:May 12
Settlement date:May 20

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