In the past three years, 14 projects have been financed with the proceeds of the NIB Environmental Bonds. The total emission reduction impact of these projects is equivalent to 265,550 tonnes of CO2.
We believe that our green benchmark's success proves there is substantial demand for environmental bonds, says Jens Hellerup, Head of Funding and Investor Relations at NIB, in this interview.
In the second half of the year, NIB will be eyeing the green bond market. “We are gearing up to expand our green program this autumn”, says Lars Eibeholm, Vice-President and Head of Treasury at NIB, in this interview.
Since the pricing, the benchmark has been marked as even more expensive by bond traders. This is not only a gain for existing investors, but also a reassurance for NIB that its credit quality is highly regarded by investors.
In 2014, NIB will continue offering quality and stability to investors. “NIB is active in many financial markets worldwide. This helps us keep our funding sources diversified,” says Lars Eibeholm, Head of NIB’s Treasury.
NIB is a recognised issuer of AUD and NZD bonds. “NIB is one of the pre-eminent names with some of the tightest issuance spreads and largest issuance volumes,” says Glen Sørensen, Director of Syndicate from ANZ New Zealand.
This summer, NIB has been busy with private placements. Let’s have a closer look at NIB’s private placement products and the rationale behind them.
Halfway through 2013, the Bank has accomplished 66% of the funding requirements for the year, having issued a milestone USD 2 billion benchmark
Environmental bonds have become a well-established asset for a growing number of investors in recent years. Pursuant to its mandate, NIB offers investments targeted at environmental improvements.
NIB has revised its method for collective impairments. They are in the 2012 income statement in addition to the allowances for specific impairments. Head of Funding and Investor Relations, Mr Jens Hellerup gives his thoughts on the subject.
On 13 March, NIB offered a webcast to present the annual results. The record of the webcast is available online.
13 Mar 2018
A loan to Swedish pulp and paper manufacturer BillerudKorsnäs will finance a new board machine at the company’s production unit in Gruvön, Sweden.
9 Mar 2018
A new loan facility will finance small and medium-sized enterprises and environmental projects in Finland.
6 Mar 2018