Statkraft has issued green bonds to raise capital to invest in renewable energy and other projects specified in its green finance framework.
The transaction consists of two Swedish currency-denominated senior unsecured green bonds under Statkraft’s Euro Medium Term Note (EMTN) programme and another in Norwegian denominated currency.
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They comprise an Skr750m (€65m) four-year senior unsecured green bond issue, an Skr500m four-year senior unsecured green bond issue
NOK 3.7bn (€326m) 10-year senior unsecured green bond issue.
The transaction was substantially oversubscribed, said Statkraft.
The settlement date is set to 14 June 2024.
Danske Bank, DNB Markets, Handelsbanken and SEB acted as Joint Bookrunners for the issuance.