05.31.2018

Nasdaq Helsinki Launches Sustainable Bond Segment

05.31.2018

Nasdaq today announced that Nasdaq Helsinki is launching a new sustainable bond market segment on the Main Market. The first green bond issuer is Municipality Finance Plc (MuniFin).

MuniFin is listing its two outstanding green bonds on the Nasdaq Helsinki Sustainable Bond Market. Its first green bond was issued in September 2016. The transaction was USD 500 million and the bond has a maturity of 5 years. The second green bond, sized at EUR 500 million, was issued in September 2017 and has a maturity of 10 years.

“As the second-largest credit institution in Finland, we at MuniFin are pleased to be able to list our green bonds at a local Stock Exchange, Nasdaq Helsinki“, said Esa Kallio, President and CEO of MuniFin. “We trust our example will encourage other Finnish institutions and companies to issue sustainable bonds in the future and list them right here in Helsinki.”

“We congratulate MuniFin, and look forward to a long-lasting cooperation, welcoming new generations of green, social and sustainable bonds issued, and listed, on Nasdaq Helsinki,” said Henrik Husman, President of Nasdaq Helsinki. “Nordic countries are leading the way in sustainable finance and green bonds. It is an honor to welcome a Finnish pioneer in sustainable finance as our first green bond issuer in Helsinki.”

“As the world’s first and one of the largest sustainable bond markets in Europe, the Nasdaq Sustainable Bond Market is a natural choice for all Nordic issuers,” said Ann-Charlotte Eliasson, VP and Head of Nordic Fixed Income Listings at Nasdaq. “It also offers a strong alternative for any European company looking to list their sustainable bonds at a globally recognized exchange.”

Source: Nasdaq

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