Stockholm, June 9, 2015 —Nasdaq Stockholm announced today the launch of a new list, Nasdaq Stockholm Sustainable Bonds. The list will include twelve bonds from the start, with a total nominal value of over 5.4 bn SEK. New bonds will be added on a continued basis.
“In order to meet market demand and to capture the development and innovation in the sustainability space going forward we are launching this new list,” said Magnus Billing, Senior Vice President, Nasdaq Stockholm and Head of Nordic Fixed Income. ”A sustainability evaluation from an independent party in combination with the usual criteria requirement for corporate bonds secures the quality stamp.”
Nasdaq Stockholm cooperated with Sustainalytics to develop the criteria for Nasdaq Stockholm Sustainable Bonds List in order to provide investors with a comprehensive view of sustainable investment alternatives at Nasdaq Stockholm. Sustainalytics helps issuers to develop green and other sustainability bond frameworks, and ensures bond proceeds are allocated, managed and reported in a transparent manner through its second opinions.
“Green and other sustainability bonds have significant potential to direct capital towards sustainability projects and activities, and there is a need to grow the market into a liquid asset class to deliver on this promise,” said Simon MacMahon, Global Director of Advisory Services at Sustainalytics. “We are delighted to work with Nasdaq Stockholm on this exciting initiative, which builds on the tremendous market growth we have seen for these bonds.”
Issuers who want to list sustainable bonds at Nasdaq Stockholm need comply with Nasdaq Stockholm Rule Book for Issuers. In addition to this the following will be reviewed:
- Use of proceeds - The proceeds raised should be used for projects and activities that promote sustainability
- Second opinion - The issuer shall provide a second opinion provided by an experienced external party
Bonds included in Nasdaq Stockholm Sustainable Bond List from the launch:
| Vasakronan AB | VASA 445 GB | SE0005561693 | SEK | 1 000 000 000 |
| Vasakronan AB | VASA 446 GB | SE0005561701 | SEK | 300 000 000 |
| Vasakronan AB | VASA 457 GB | SE0005798816 | SEK | 350 000 000 |
| Vasakronan AB | VASA 458 GB | SE0005798824 | SEK | 650 000 000 |
| Vasakronan AB | VASA 460 GB | SE0005932266 | SEK | 1 000 000 000 |
| Vasakronan AB | VASA 469 GB | SE0006452553 | SEK | 500 000 000 |
| Vasakronan AB | VASA 475 GB | SE0006800975 | SEK | 400 000 000 |
| Rikshem AB | RHEM 105 | SE0005991510 | SEK | 100 000 000 |
| Rikshem AB | RHEM 112 | SE0006510186 | SEK | 200 000 000 |
| Rikshem AB | RHEM 113 | SE0006510681 | SEK | 250 000 000 |
| Rikshem AB | RHEM 115 | SE0007073895 | SEK | 350 000 000 |
| Rikshem AB | RHEM 116 | SE0007073903 | SEK | 350 000 000 |
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $9.5 trillion and more than 10,000 corporate clients. To learn more, visit nasdaq.com/ambition or business.nasdaq.com.
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga, AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallinn AS, AB Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
About Sustainalytics
Headquartered in Amsterdam, Sustainalytics is an independent ESG research and analysis firm supporting investors around the world with the development and implementation of responsible investment strategies. With 13 offices globally, Sustainalytics partners with institutional investors who integrate environmental, social and governance information and assessments into their investment decisions. Today, the firm has over 200 staff members, including more than 120 analysts with varied multidisciplinary expertise of more than 40 industries. For the past three years, Sustainalytics was voted best independent responsible investment research firm in Extel’s IRRI survey. For more information, visit www.sustainalytics.com.
|
Media Relations Contact: Christina Malmberg Hägerstrand + 46 8 405 65 83 Christina.hagerstrand@nasdaq.com |