London Stock Exchange welcomes City of Gothenburg Green Bond
City of Gothenburg is the second largest city in Sweden. It has a population of around 533,000 and an annual turnover of around 50 bl SEK. City also employs around 50,000 people making it the largest employer in the region. The primary objectives of the city are school and education, elderly and social care. The city also has extensive and well structured debt portfolio and is a quite frequent issuer on capital markets. The total debt portfolio amounts to approximately 40 bl SEK. Almost all of the bonds the city issues are listed on London Stock Exchange.
City of Gothenburg was also the first Nordic issuer of green bonds and the first city in the world to issue green bonds. Since then the city has been actively working on growing the market and sharing its knowledge on green bonds.