Terms
- Announced
- 27 Nov 2025
- Instrument
- Debt · BondDebt sold to investors as a security, rather than lent by a bank.
- Amount
- US$132mReported as SEK 1.25bn green bond (SEK 750m floating + SEK 500m fixed), 7.25 years, converted at 0.1052 USD/SEK (November 2025 average)
- Source
- news.cision.com
Parties
- Project developer
- Stockholm Exergi
- Country
- Sweden
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Bond investors (misc) Bond investor US$132m Sole provider: the whole transaction - Arranged by
Arrangers and what each arranged Party Role Arranged Basis Swedbank Arranger US$43.8m Estimated: an even share, 1 of 3 SEB Arranger US$43.8m Estimated: an even share, 1 of 3 Danske Bank Arranger US$43.8m Estimated: an even share, 1 of 3
Carbon
- Pathway
- BECCS
- Backed by offtakes from
- · signed before this financing
What happened
- Unsecured green bond, SEK 1.25bn in two tranches (SEK 750m floating, SEK 500m fixed), 7.25 years, listed on Nasdaq Stockholm, issued under the 2023 green bond framework; proceeds are not ring-fenced to BECCS. Joint lead managers Danske Bank, SEB and Swedbank. Investors are not named.
Kumo note
- We did include this though could well have been removed. It is an aspiration of where the market could one day get to (and where one of Kumo's founders would love to get to to finish his career at the same place he started it in Debt capital markets)
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