Danske Bank acted as joint bookrunner on LKAB's SEK 2bn green bond

Congratulations to LKAB with the issuance of their first green bond – the first green bond ever to be issued by a mining company. LKAB is a global supplier of upgraded iron ore products, and Danske Bank is happy to have acted joint bookrunner on the SEK 2bn green bond, where the proceeds will be used by LKAB to invest in the transformation of itself into a carbon-free and autonomous mining company of the future.

“LKAB aims to create value by being one of the most innovative, resource-efficient and responsible mining companies in the world. Integrating sustainability into our financing and offering a green bond fits in perfectly with our strategy,” says Jan Moström, President and CEO of LKAB.

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