Telia has issued its second green hybrid bond of EUR 500 million. The proceeds will finance more energy efficient networks, including the Swedish network transformation from copper to fiber and deployment of 5G, as well as digital solutions.
The new hybrid bond is issued as part of Telia’s refinancing of the upcoming call dates for the outstanding hybrid bonds in October 2022 and April 2023.
“The volatility in the financial markets during the start of 2022 has been challenging hence we are very pleased to have taken the opportunity to refinance part of our coming hybrid calls and issue another green hybrid bond,” Agneta Wallmark, VP Head of Group Treasury at Telia Company, said in a news statement.
The Joint Bookrunners mandated by Telia for this transaction were Barclays, BofA Securities, Citigroup and Nordea.
