Green Bond Fact Sheet
Summary
This fact sheet details a EUR 500 million green covered bond issued by Sparebanken Sør Boligkreditt on October 26, 2019, to finance and refinance residential mortgages in Norway that meet specific energy efficiency and building code standards.
Key insights
- Sparebanken Sør Boligkreditt issued a green covered bond on October 26, 2019, with a total amount of EUR 500 million (USD 555 million) and a maturity date of October 26, 2026.
- The bond is certified under the Climate Bonds Standard v2.1, specifically for the Low Carbon Buildings (residential) sector, with pre-issuance verification conducted by Sustainalytics.
- Proceeds are designated for financing and refinancing residential mortgages in Norway for buildings that meet specific criteria: apartments complying with TEK10 or TEK17 codes; other residential dwellings complying with TEK07, TEK10, or TEK17 codes; or buildings built before 2009 with EPC-labels A, B, and C.
- The issuer has identified a portfolio for these proceeds with an approximate value of EUR 1 billion (USD 1.1 billion).
- Sparebanken Sør Boligkreditt is the fourth issuer in Norway to achieve Certification under the Building Criteria, joining SR Boligkreditt AS, Sparebank 1 Boligkreditt, and DNB Boligkreditt.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-10_NO_Sparebanken_Sor.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-10_NO_Sparebanken_Sor.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 October 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-10_NO_Sparebanken_Sor.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2019-10_NO_Sparebanken_Sor.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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