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Handelsbanken issues its second green bond

An important tool for supporting the long-term development of sustainable solutions
Handelsbanken huvudkontor

The bond issue will be used for green financing of projects that promote a more sustainable society

The Bank has just issued its second green bond. The issue amount totals EUR 500 million, and the bond has a maturity of seven years. There was great interest from investors and the trade was heavily oversubscribed.

The issue was enabled by the Green Bond Framework established by the Bank during the spring of 2018. The funding raised through the bond issue is used for green financing of projects and investments that promote a more sustainable society, for example, sustainable forest management, energy-efficient and environmentally certified buildings, and green transport. 

As of 30 September 2020, the Bank’s portfolio of assets that meet the criteria of the framework to SEK 14.3 billion, an increase of more than 40 per cent since the bank's inaugural green bond in 2018.

The Green Bond Framework was developed in 2018 in collaboration with Handelsbanken Debt Capital Markets, which is an active advisor for new and existing issuers of green bonds. The Framework has also been reviewed by the independent research institute Cicero, which awarded it the best possible rating: Dark Green Shade.
Carl Cederschiöld, CFO at Handelsbanken

Carl Cederschiöld, CFO at Handelsbanken:

"We are delighted to be returning to the green bond market. Financing green projects in this way is an important tool for supporting the long-term development of sustainable solutions and investments in environmentally friendly activities. We strive for a high level of transparency with regard to the impact of the loans financed with Green bonds. Consequently, we publish annual Impact Reports specifically focusing on this area."