Danske Bank lists its inaugural €500m green bond on Euronext Dublin

Danske Bank lists its inaugural €500m green bond under its €35bn EMTN Programme on the European regulated market of Euronext Dublin

Euronext Dublin
Published in
3 min readMar 15, 2019

--

Danske Bank has listed a €500m green bond under its €35bn EMTN Programme on the European regulated market of Euronext Dublin. The green bond has a fixed interest rate of 1.625% and a scheduled maturity date of March 2024.

After launching a Green Bond Framework last week, Danske Bank has successfully issued an inaugural EUR 500m 5-year green bond. As a green bond issuer, Danske Bank state that the use of the proceeds has to finance or refinance assets and loans with a positive environmental impact.

Net proceeds of the EUR 500m green bond will be used to finance a portfolio of loans within green activities that promote the transition to low-carbon, climate resilient and sustainable economies, e.g. green buildings and renewable energy in the form of Nordic hydropower plants and offshore and onshore wind farms.

“We are pleased to have issued our inaugural €500m 5-year green bond, which will be listed on Euronext Dublin.” — Bent Callisen, Head of Group Funding, Danske Bank

“As Danske’s client relationship manager for nearly 10 years, I’m delighted to welcome its inaugural green bond to our listed bond markets.” — Anthony Byrne, Vice President of International Primary Markets, Euronext Dublin

Green bond listings on Euronext Dublin

Euronext Dublin is a popular venue for listing Nordic green bonds. OP Corporate Bank plc listed its first-ever green bond in February. Nordic issuers listing green at Euronext Dublin also include Swedbank, Skandinaviska Enskilda Banken, Svenska Handelsbanken, Swedish Export Credit Corporation and Stockholms Lans Landsting.

Other recent international issuers choosing our markets for their green bond listings include: Portugal’s first ever green bond (EDP), France’s Getlink SE (formerly Eurotunnel), CGNPC International Limited, (a subsidiary of China General Nuclear Power Corporation) and ACS Servicios Comunicaciones y Energía (a Spanish engineering services company).

About Euronext

Euronext has over 40,000 debt securities listed representing 90 countries around the world and is ranked the #1 stock exchange for bond listings worldwide. Euronext Dublin, which is the centre of excellence for listing debt & funds and ETFs within Euronext Group offers two markets for listing debt, its European regulated market (Euronext Dublin) and the Global Exchange Market (GEM).

About Danske Bank

Danske Bank was founded in 1871 and is headquartered in Copenhagen, Denmark.

Danske Bank provides various banking products and services to small and medium-sized businesses and corporate, institutional, and personal customers.

Danske Bank has over 2.8m customers, more than 240 branches and is present in 16 countries.

Learn More:

--

--

Euronext Dublin

Euronext Dublin, trading name of The Irish Stock Exchange plc, the Euronext Group centre of excellence for listing debt & funds and ETFs.