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Danske Bank acted as joint bookrunner on Landshypotek Bank's SEK 2.bn tap issue of their second green covered bond, taking it to SEK 5.5bn.

Congratulations to Landshypotek Bank AB, who has successfully tapped their second green covered bond, raising it from SEK 3bn to SEK 5.5bn! The tap issue saw a tremendous Nordic investor support with books above SEK 6.5bn.

Danske Bank is very proud to have acted sole green structuring advisor on Landshypotek Bank AB's green bond platform back in 2018, which holds a Dark Green shading, the highest shading possible by second opinion provider CICERO Shades of Green.
Fact Box

Transaction Terms 

Issuer: Landshypotek

Status: Covered Bond

Launch Date:  9 November 2020
Maturity Date: 18 November 2025

Size: SEK 2.5bn taking the total issue size to SEK 5.5bn/lvl 1b

Coupon/Re-offer Spread: FXD 0.615%/MS+14bps

Docs/Listing: Nasdaq Stockholm

Joint Bookrunner: Danske Bank

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