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Published on 10/11/2023 in the Prospect News Green Finance Daily.

New Issue: Verd sells NOK 3 billion of green floaters due 2028 at Nibor plus 64

By Devika Patel

Knoxville, Tenn., Oct. 11 – Verd Boligkreditt AS priced NOK 3 billion of floating-rate green bonds due Oct. 18, 2028 with a coupon of Nibor plus 64 basis points, according to a press release.

DNB, Nordea and SEB were the joint managers.

The Bergen, Norway, company offers lending through bonds backed by mortgages.

Issuer:Verd Boligkreditt AS
Amount:NOK 3 billion
Description:Floating-rate green bonds
Maturity:Oct. 18, 2028
Bookrunners:DNB, Nordea and SEB
Coupon:Nibor plus 64 bps
Announcement date:Oct. 11
Settlement date:Oct. 18

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