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COBALT advised AS SEB banka on Latvenergo AS green bond issue

2015-07-02

COBALT advised AS SEB banka as arranger of Latvenergo AS programme for the issuance of notes. Under the programme on June 2015 AS Latvenergo issued seven-year green bonds in the total nominal value of EUR 75 million.

The funds raised from the issued notes will be channelled to green-minded projects financed or part-financed by Latvenergo Group that concern generation as well as distribution and transmission network assets.

Latvenergo AS is the first company in Eastern Europe to issue green bonds.