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SpareBank 1 Nord-Norge Eyes Green Bond Issuance
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SpareBank 1 Nord-Norge Eyes Green Bond Issuance

SpareBank 1 Nord-Norge (SPXXF) has released an update.

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SpareBank 1 Nord-Norge, rated Aa3/Stable by Moody’s, is exploring the issuance of Green Senior Non-Preferred bonds, with SEB and SpareBank 1 Markets as the Joint Lead Managers. The bank aims to support climate benefit projects and align its funding with its sustainability goals, in accordance with the UN’s Sustainable Development Goals. The bond issuance is contingent on favorable market conditions, and details can be found on the bank’s green finance framework webpage.

For further insights into SPXXF stock, check out TipRanks’ Stock Analysis page.

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