Swedavia issues green bonds totalling SEK 2 billion
On 9 January, Swedavia carried out an issue of green bonds of SEK 2 billion and repurchased bonds of SEK 822 million under the existing MTN programme. Green bonds are part of Swedavia’s strategy to promote sustainable investments within its operations.
The issue is divided into three tranches, one with a nominal amount of SEK 1 billion with a fixed coupon rate of 3.30 per cent, corresponding to a credit margin of 0.88 per cent, with a tenor of 5.25 years, the other is SEK 400 million with variable interest, 3M Stibor + 0.88 per cent with a tenor of 5.25 years, and the third is SEK 600 million with variable interest, 3M Stibor + 0.55 per cent, with a tenor of 3 years. Interest among investors was high with a well-attended investor presentation and an oversubscribed order book.
“We are pleased to start 2025 with a successful bond transaction. We are extending our capital tie-up period in a positive way and have raised funding for future bond maturities and green investments going forward,” says Kristina Ferenius, Swedavia’s CFO.