Bonds valued at SEK 1 billion with a three-year maturity were issued on September 1, with September 8, 2022 as the settlement date.

“As with our previous issue, interest has been significant, which is gratifying and demonstrates the confidence of the capital market in NCC’s financial strength. We have a clear ambition for our sustainability initiatives, and integrating this into our financing strategy is a clear example of what I mean,” says Charlotte Z. Lindstedt, Head of Group Treasury NCC.

The proceeds from the bonds will be used exclusively for financing green projects and initiatives such as sustainable property development projects,  transitioning to renewable energy sources in asphalt production, enhancing the efficiency of energy consumption, increased re-use and recycling of material, and protection of biodiversity in quarries.

The green framework for the bonds was updated in June 2022 and has been verified by the Center for International Climate and Environmental Research (CICERO), an independent research center associated with the University of Oslo, Norway. The green framework has been classified as “medium green.”

SEB and Handelsbanken were the lead managers for the transaction, and SEB served as advisor in the process of updating the green framework.

For further information, please contact:
Charlotte Z. Lindstedt, Head of Group Treasury, NCC, +46 70 545 20 54
Tove Stål, Head of Group External Relations NCC Group, +46 76 521 61 02

NCC’s media line: +46 8 585 519 00, press@ncc.se, NCC’s Media bank

About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2021, NCC had sales of about SEK 53 bn and 13,000 employees. NCC’s shares are listed on Nasdaq Stockholm.