Odfjell SE successfully places shipping’s first Sustainability-Linked Bond – Odfjell SE
As the first in the international shipping industry, Odfjell SE has successfully issued a sustainability-linked bond. With a tight link to Odfjell’s long-term climate targets, the bond marks another milestone in the company’s ambitious work to reduce the environmental impact of shipping. As referenced in today’s stock market notice, DNB Markets, Nordea and SEB acted as Joint Lead Managers and Sustainability Structuring Advisors in the transaction. Upon closing, the unsecured bond issue was substantially oversubscribed and driven by a high-quality and ESG (Environmental, Social and Governance) focused orderbook.
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