NCC issues green corporate bonds

NCC issues green bonds with a total value of SEK 1.25 billion.

Bonds with a total value of SEK 1.25 billion and a maturity of three and five years were issued on March 25, with April 5, 2024 as the settlement date.

“We have a clear ambition for our sustainability initiatives, and are integrating this into our financing. There has been significant interest in the issue, which is a sign of strength,” says Susanne Lithander, CFO of 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 Danske Bank 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:
Tove Stål, Head of Group External Relations, NCC,, +46 76 521 61 02

NCC’s media line: +46 8 585 519 00,, 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 a positive impact of construction for its customers and society. Operations include building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. In 2023, NCC had sales of about SEK 57 bn and 12,200 employees. NCC’s shares are listed on Nasdaq Stockholm.