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