The group of banks will organise for MuniFin a series of fixed income investor meetings in the US and Europe over the coming weeks to introduce its Green Bond Framework.

An inaugural USD-denominated Reg-S/144a Green Bond transaction may follow, subject to market conditions.

MuniFin launched Green Financing for its customers in April 2016. By the end of August, 330 million euros worth of Green Financing has been granted for the customers.

Further information on Green Bonds is available at Green bonds section of the website.

Green financing is offered to selected projects that promote the transition to low-carbon and climate resilient growth. These projects seek to mitigate or adopt to the climate change.

All green projects are financed and located in Finland. In addition to marketing benefits and improved profiling advantage for the customer, MuniFin offers margin discount for all green projects.

Green financing is funded by Green Bonds

MuniFin’s inaugural Green Bond is planned to be executed in Q3 or Q4/2015. Size will be EUR or USD 500 million and maturity 7 to 10 years depending on the market conditions.

In the future MuniFin aims to issue one benchmark sized Green Bond per year. This represents approximately 15 per cent of the annual gross lending volume.

Read more about MuniFin’s Green Bonds