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Arion Bank Issues Green Bonds to Boost Sustainable Financing

Story Highlights
  • Arion Bank issued NOK 600m and SEK 900m green bonds under its Sustainable Financing Framework.
  • The bank aims to enhance sustainable financing and manage its debt by buying back existing bonds.
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Arion Bank Issues Green Bonds to Boost Sustainable Financing

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Arion Banki hf Shs Swedish DR ( (SE:ARION) ) has shared an announcement.

Arion Bank has successfully issued green senior preferred bonds in Norwegian Krone (NOK) and Swedish Krona (SEK) with a total value of NOK 600 million and SEK 900 million, respectively. These bonds, part of the bank’s Sustainable Financing Framework, are set to mature in 2.5 years and will be traded on the Luxembourg Stock Exchange. This move is part of Arion Bank’s strategy to enhance its sustainable financing efforts and manage its debt portfolio by concurrently offering to buy back existing bonds maturing in 2025.

More about Arion Banki hf Shs Swedish DR

Average Trading Volume: 66,500

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