The recent ING transaction was the first green bond issued by the bank holding company, and it was also the largest senior unsecured green bond issued by any financial institution in the euro market to date. Additionally, it was the first senior unsecured green bond issued by a European bank holding company into the US market. ING split the transaction into two tranches - one euro and one dollar - resulting in a combined order book of 6.5 billion euro from more than 245 investors in 27 countries.

With the seven transactions SEB has advised on since 2015, the bank has reached 1.3 billion dollars in volume, ahead of Credit Agricole with six issues and volume of 1.1 billion dollars.

'It is encouraging to see our bank clients returning to SEB for their recurring green bond transactions and true testament to the value we provide to our clients,' says Samantha Sutcliffe from SEB's Climate and Sustainable Finance team.

The issues SEB worked on since 2015 include being lead manager for two out of three by ABN Amro, lead manager for Rabobank and joint lead manager for ING.

'SEB's current position is a result of the strong collaboration between the different areas of the bank including Financial Institutions Coverage, FIG DCM, Climate and Sustainable Finance, Syndicate, Markets Sales and Treasury. A true One SEB approach which creates shareholder value,' says Ann Dahlgren of SEB's FI Banks Coverage unit.

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SEB - Skandinaviska Enskilda Banken AB published this content on 16 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 January 2019 14:13:04 UTC