By Lisa Kerner
Charlotte, N.C., Dec. 7 – Oslo Kommune issued a NOK 1.5 billion 2.35% green bond with a final maturity of April 9, 2025.
Proceeds will be used for “environmentally friendly” purposes, according to a news release.
DNB Markets, Danske Bank Markets, SEB, Swedbank and Nordea Markets were managers.
Cicero provided the second opinion for the green bond.
Oslo is the first municipality on the Oslo Bors green list. In January, Oslo Bors became the first exchange to establish a separate list for green bonds. To date, the list has 10 issues with total outstanding value of about NOK 14.6 billion.
| Issuer: | Municipality of Oslo
|
| Issue: | Green bond
|
| Amount: | NOK 1.5 billion
|
| Maturity: | April 9, 2025
|
| Coupon: | 2.35%
|
| Call: | No
|
| Put: | No
|
| Managers: | DNB Markets, Danske Bank Markets, SEB, Swedbank and Nordea Markets
|
| Trustee: Nordic Trustee
|
| ISIN: | NO0010752702
|
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