By Marisa Wong
Los Angeles, Nov. 16 – Skanska announced it issued SEK 4.65 billion of green bonds with three maturities on Wednesday.
Skanska issued SEK 750 million of two-year bonds, SEK 2.4 billion of three-year bonds and SEK 1.5 billion of five-year bonds, according to a press release.
The bonds will be used to finance sustainable commercial real estate projects and other investments for climate transition.
The issue generated substantial interest, attracting bids from around 40 investors, the company said in the press release.
The bonds are listed on the Nasdaq Sustainable Bond Market.
Skanska is a construction company based in Stockholm.
Issuer: | Skanska
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Amount: | SEK 4.65 billion
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Issue: | Green bonds
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Issue date: | Nov. 15
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Listing: | Nasdaq Sustainable Bond Market
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Two-year bonds
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Amount: | SEK 750 million
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Tenor: | Two years
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Three-year bonds
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Amount: | SEK 2.4 billion
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Tenor: | Three years
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Five-year bonds
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Amount: | SEK 1.5 billion
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Tenor: | Five years
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