A long-term loan to the city of Porvoo in southern Finland is earmarked for the construction and renovation of school and preschool buildings in the municipality, an improvement that will affect more than 4,100 children.
On 2 October, NIB President Henrik Normann will participate in a seminar on economic transition, held in Helsinki, together with Suma Chakrabarti, EBRD President, and Olli Rehn, Member of the Board of the Bank of Finland.
Funds under a new loan programme will be used for onlending to small and medium-sized enterprises’ investments and environmental projects.
A loan programme to the Municipality of Kristianstad for financing wastewater and water investments.
A loan to the municipality of Knivsta will finance the construction of school buildings and sport centres for a growing number of students.
A new ten-year facility will be used to finance renewable energy projects and SME investments in machinery and equipment and other investments in various industries.
On 13 September, NIB issued its second global USD bond this year. The three-year USD 1 billion deal was priced at mid-swaps -5 bps.
NIB has published a new brochure to outline and visualise the value added through environmental financing the Bank provides to its customers. Please take a look.
The technological upgrade financed by this loan will let the company increase the productivity of its services and improve its environmental performance.
The new SEK-denominated NIB Environmental Bond (NEB) is the sixth and largest NEB transaction issued in Swedish crowns.