Statkraft's EUR 1bn Green Bonds Oversubscribed Success

• Statkraft AS issues EUR 1 billion green bond with attractive fixed coupons, oversubscribed by 200+ investors. A-rated by S&P and A- by Fitch.

Norwegian state-owned power company Statkraft AS issued a EUR 1 billion green bond to finance eligible projects, with one tranche maturing in 2032 with a fixed coupon of 3.375% and the other maturing in 2039 with a fixed 3.75% coupon. The bonds are expected to be rated A by S&P and A- by Fitch, with both tranches being oversubscribed and attracting over 200 investors.

Barclays, Nordea, DNB Markets, Danske Bank, UniCredit, and Societe Generale acted as joint bookrunners for the issuance, and Statkraft plans to list the bonds on the Euronext Dublin stock exchange. The proceeds from the green bonds will be used for eligible projects in line with Statkraft's Green Finance Framework.

What are the details of Statkraft AS's recent EUR 1 billion green bond issuance?

• Statkraft AS recently issued a EUR 1 billion green bond to finance eligible projects
• The bond has two tranches, one maturing in 2032 with a fixed coupon of 3.375% and the other maturing in 2039 with a fixed 3.75% coupon
• The bonds are expected to be rated A by S&P and A- by Fitch
• Both tranches were oversubscribed and attracted over 200 investors
• Barclays, Nordea, DNB Markets, Danske Bank, UniCredit, and Societe Generale acted as joint bookrunners for the issuance
• Statkraft plans to list the bonds on the Euronext Dublin stock exchange
• The proceeds from the green bonds will be used for eligible projects in line with Statkraft's Green Finance Framework.