Swedavia has issued SEK2 billion in green bonds and repurchased bonds of SEK822 million under its existing medium-term note (MTN) programme.
Green bonds are part of Swedavia’s strategy to promote sustainable investments within its operations.
The issue is divided into three tranches, one with a nominal amount of SEK1 billion with a fixed coupon rate of 3.30% corresponding to a credit margin of 0.88% with a tenor of 5.25 years, the other is SEK400 million with variable interest.
“We are pleased to start 2025 with a successful bond transaction. We are extending our capital tie-up period in a positive way and have raised funding for future bond maturities and green investments going forward,” says Swedavia’s CFO, Kristina Ferenius,
Swedavia notes that it strives to be an international role model in sustainability.
This, it says, applies in particular to environmental issues, as climate change is an existential issue for the entire aviation industry.
Swedavia is a world leader in the effort to transform its own operations at the airports it operates.
Raising funding through green bonds is one way that Swedavia makes this work a priority.
“Swedavia is proud of the work we are doing in sustainable development, and by issuing additional green bonds, we secure funding for investments that contribute to the transition,” adds Ferenius.