Wallenstam has issued green bonds under its MTN program and recently launched green framework. The issue consists of SEK 500 million with a maturity of two years and with a variable interest rate of 3M STIBOR + 75 basis points. The bonds are unsecured.
The green framework, among other things, describes what types of projects and assets that can be financed using green bonds. The framework was reviewed by the independent research institute Cicero (Center for International Climate Research) and obtained the highest rating, Dark Green.
The bond proceeds from this issue will be used for