Bond Nordia Bank Abp 0.3% ( XS1640493372 ) in EUR

Issuer Nordia Bank Abp
Market price 100 %  ⇌ 
Country  Finland
ISIN code  XS1640493372 ( in EUR )
Interest rate 0.3% per year ( payment 1 time a year)
Maturity 30/06/2022 - Bond has expired



Prospectus brochure of the bond Nordea Bank Abp XS1640493372 in EUR 0.3%, expired


Minimal amount 100 000 EUR
Total amount 500 000 000 EUR
Detailed description Nordea Bank Abp is a Nordic financial services group offering banking, asset management, and insurance services to individuals, businesses, and institutions across Denmark, Finland, Norway, and Sweden.

The Bond issued by Nordia Bank Abp ( Finland ) , in EUR, with the ISIN code XS1640493372, pays a coupon of 0.3% per year.
The coupons are paid 1 time per year and the Bond maturity is 30/06/2022







Nordea Inaugural Green Bond EUR500m, Senior Unsecured, 5 year
The tightest spread for a EUR Bank Senior Green Bond to date, EUR 1.3bn book and 100+ investors
Time line
Allocations ­ Geography
Key terms
Geography
Investor Type
Issuer:
Nordea Bank AB (publ)


6
Status:
Direct, unsecured and unsubordinated
1
Nordea announces road show
Rating:
e
Standard & Poor's: AA-, Moody's: Aa3, Fitch: AA-
for its inaugural EUR500m
n
10%
11%
u
Format:
Fixed
Green Bond
J
27%
13%
13%
Issue amount:
EUR500m
ISIN:
XS1640493372
53%

Coupon:
0.300%
2
13%
23%
Issue spread:
MS +18bps
2
22%
e
Roadshow Schedule
15%
Maturity:
30-June-22
n

u
Mon 19th Jun ­ London(EFC*)
Second opinion:
Oekom research
­ J
Tue 20th Jun ­ London/Nordic
9
Wed 21st Jun ­ Paris/Germany
France
UK & Ire
AM
Luxembourg Stock Exchange and under the category Luxembourg Green Exchange
1e
Listing:
Thu 22nd Jun ­ Netherlands
Platform (LGX)
nu
Nordics
Other
Insurance & Pension
J
Bookrunners:
BNP, HSBC, Nordea
Ger & Aus
Central Banks
Structurer:
Nordea
BeNeLux
Banks
Books open
Allocations ­ Dedicated Green Investors
Transactions Highlights

Nordea Bank AB ­ EUR 500m
(no grow), FXD, 5yr, IPT's:
·
Nordea's inaugural Green Bond represent an important step in Nordea's overall work on sustainability
MS+25 bps area
Traditional investors
"I am delighted to see a very tangible effort that shows our commitment to deliver on our
28%
Green investors
sustainability agenda and work towards a greater good in line with our purpose"­ Casper von
Koskull
Book Update #1

72%
EUR books excess of EUR
·
On the back of strong investor feedback from the roadshow, notably on Nordea's green bond framework
1,35bn
and the strong pool of over EUR 800m of green assets, Nordea opened books for the transaction with
Guidance MS+20a (+/-2bps
57%
IPT's of MS+25bp,
WPIR)
6
·
And with books in excess of EUR 1.35bn by midday, the guidance was revised to MS+20a (+/-2bp
22%
2
WPIR)
e
75%
n
Use of Proceed Overview:
u
Books Closed
J
An amount equal to the net proceeds of the issuance of the Notes
·
The books remained in excess of EUR1.3bn following the revised guidance, which allowed pricing in the

will be separately identified within the Issuer's general funding
tight end of guidance at MS+18bps
accounts and applied by the Issuer, as further set out in the Final
Terms and the Issuer's Green Bond Framework, in the financing
·
The transaction represent the tightest spread for a EUR Senior Unsecured Green Bond to date, which is
or refinancing of Green Bond Assets (as defined below) that have
driven by the unique combination of Nordea's strong credit quality, the strength of Nordea's Green Bond
Deal launched
been evaluated and selected by the Issuer in accordance with its
MS+18 bps
framework and the Oekom second opinion. It is also the tightest spread offered on a 5 year Senior
Green Bond Framework.
- The use of funds will be monitored by the Issuer and/or third
Unsecured issue in a decade
parties nominated by it to monitor compliance with the application
of funds, as further set out in the Issuer's Green Bond Framework.
·
The book included over 100 accounts, of which 72% dedicated green investors highlighting the strong
- "Green Bond Assets" means loans or direct or indirect
diversification to the traditional senior unsecured issue investor base
Priced
investments or other financing within the Green Bond Asset

Categories, which categories include, for example, renewable
·
The pricing represent a Green Bond discount of c.4bps through Nordea's 5 year Senior Unsecured on
Priced: EUR 500m at MS+18bps
energy, green buildings and pollution prevention and control, as
the run secondary curve at issuance
set out in the Issuer's Green Bond Framework.

* Environmental Finance conference in London
|