NIB concentrates its listings for medium term note issuance on Nasdaq
NIB has already for many years listed its green bonds on Nasdaq and currently has listings in Helsinki, Stockholm and Copenhagen. Going forward, NIB will streamline and concentrate all its listing activities for medium term note issuance on Nasdaq.
“By concentrating listings of our medium term notes on one Exchange we believe we will benefit from a streamlined and cost-efficient listing procedure with lesser administrative burden. A planned Application Programming Interface (API) will as well increase data accuracy,” says Jens Hellerup, Senior Director, Head of Funding & Investor Relations at NIB.
Nasdaq is a well-established stock exchange in the Nordics. As a Nordic-Baltic Supranational based in Helsinki, the cooperation hence feels natural for us. NIB also benefits from good technical support provided by Nasdaq Helsinki during NIB working hours.
“We find Nasdaq to be customer oriented and receptive to our request on process development,” adds Hellerup.
NIB will continue to list on other exchanges where relevant and per request from investors.
NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.
For further information, please contact
Jens Hellerup, Senior Director, Head of Funding and Investor Relations, at +358 961 811 401, jens.hellerup@nib.int
Angela Brusas, Director, Funding and Investor Relations, at +358 961 811 403, angela.brusas@nib.int
Alexander Ruf, Director, Funding and Investor Relations, at +358 961 811 402, alexander.ruf@nib.int