OB:MINGBanks
SpareBank 1 SMN (OB:MING) Stock Could Be 44% Below Fair Value After Green Bond Sale
Green bond issuance brings fresh attention to SpareBank 1 SMN
SpareBank 1 SMN (OB:MING) has drawn fresh interest after completing a €497.36 million fixed income offering of 3.375% green senior notes due June 17, 2031, issued under Regulation S.
The bond was priced at 99.472% of a €500 million principal amount. It carries attached guarantees and is classified as a climate or green bond within the Euro MTN framework, giving investors a clearer option for sustainable fixed income exposure to the...