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Published on 11/16/2023 in the Prospect News Green Finance Daily.

New Issue: Skanska sells SEK 4.65 billion green bonds in three parts

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
Amount:SEK 4.65 billion
Issue:Green bonds
Issue date:Nov. 15
Listing:Nasdaq Sustainable Bond Market
Two-year bonds
Amount:SEK 750 million
Tenor:Two years
Three-year bonds
Amount:SEK 2.4 billion
Tenor:Three years
Five-year bonds
Amount:SEK 1.5 billion
Tenor:Five years

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