Public green bonds

Green bonds are particularly interesting because they can complement public budgets so that capital intensive investments in green infrastructure can be implemented. Green bonds can for example partly finance investments in public transport, passive houses and development of renewable energy.

There is an increasing demand worldwide for sustainable and responsible investments and projects with a climate benefit. As an international market operator KBN can meet this demand and simultaneously ensure that Norwegian municipalities can realise their climate and energy action plan.

KBN was the first financial institution in the Nordic region and one of the few worldwide to issue a bond of this category when we did the inaugural transaction in 2013. (3y USD 500m RegS/144a Nov 2016)

The Bond Proceeds are reserved for financing climate friendly projects according to the KBN Green Bond criteria.

In February 2015 KBN issued its second Green Bond, a USD500 million 10-year RegS/144A Green bond transaction to support climate friendly projects. 

KBN issued it's third Green Bond in October 2016 thereby demonstrating KBN's strong commitment to the Green Bond Market.  The USD 500 million 4-year RegS/144A transaction garnered strong support from environmentally focused accounts and was heavily oversubscribed.  

 

Read more about KBNs Public Green Bonds:

2013 USD 500m NOV 16 Green Bond

2015 USD 500m FEB 25 Green Bond

2016 USD 500 m OCT 20 Green Bond