Notice on Public Offering of Green Bonds of Liven AS
Introduction
The Notice on Public Offering of Green Bonds of Liven AS, published on March 4, 2025, by Liven AS, a leading real estate developer, announces the public offering of green bonds. This offering is a significant step towards sustainable financing and aligns with Liven’s commitment to environmentally friendly practices.
Offering Details
Liven AS offers up to 4,000 unsecured bonds, named “EUR 9,0% Liven green bond 25-2029,” with a nominal value of EUR 1,000 each. The bonds have a fixed annual interest rate of 9.0%, payable quarterly. The bonds will be listed on the Nasdaq Baltic First North Growth Market.
Key Dates
– Start of the offering period: 7 May 2024, at 10:00 EET
– End of the offering period: 16 May 2024, at 17:00 EET
– Settlement date: 20 May 2024
Green Bond Principles
The bonds are issued in accordance with the Green Bond Principles, which ensure that the proceeds will be used for eligible green projects. Liven AS has committed to providing regular updates on the use of proceeds and the impact of the projects.
Why Invest in Green Bonds?
Green bonds offer investors the opportunity to support sustainable development while earning a financial return. They are a key instrument for mobilizing capital for climate change mitigation and adaptation projects.
About Green Bonds
Green bonds are fixed income debt instruments that offer a stated return and a promise to use the proceeds to finance or refinance eligible green projects. They are similar to other bonds but differ in their use of proceeds and reporting requirements.