Skip to content

Issuance of NLB Green Bonds

NLB successfully concluded the bookbuilding process for its envisaged green senior preferred 4NC3 notes in the benchmark size of EUR 500 million. Transaction was well received with over EUR 1.8 billion of investor interest. Orders came from reputable fund managers, international financial institutions, banks, insurance companies and other investors.

The notes are expected to be issued on June 27, 2023, their maturity date will be June 27, 2027, and the issuer will have the option for early redemption on June 27, 2026. The interest on the principal of the notes will accrue at the interest rate of 7.125% per annum.

The notes are intended to meet MREL requirement and also future growth opportunities.

“The offering of notes was well oversubscribed, supported by a number of domestic, regional and international high-quality investors,” commented NLB’s CEO Blaž Brodnjak, emphasizing that issuing green notes is in line with the business strategy of NLB and the NLB Group in our home region of South-eastern Europe. “On the one hand this transaction reflects strong credit and performance of NLB Group, as well as demonstrates that NLB has wide access to capital markets, and on the other hand it is a measure of confirming our approach to sustainability. In the NLB Group we namely firmly support the transition to a low-carbon sustainable economy that will use resources more efficiently. We are committed to making a positive contribution to this both through our own operations and our business, thereby creating better footprints,” he explained further. 
NLB’s CFO Archibald Kremser also drew attention to the ever-higher recognition of the bank amongst professional stakeholders. “The accomplishments of the best-in-class product structuring efforts in combination with substantial performance in pre-marketing have led to significant improvements in name recognition of NLB in the international financial markets. We are pleased with this trust - an achievement attributable to the professional team,” he pointed out.

Green notes special feature is that the issuer commits to allocate the issue amount in support of eligible green projects that comply with the conditions defined in the publicly announced framework for the green bond (NLB’s framework is available here). NLB intends to use the collected funds to support projects in the field of renewable energy, energy efficiency, green buildings, clean transport, sustainable water and wastewater management and pollution prevention and control.

Latest news

These are latest news

June General Meeting of NLB Expected to Confirm Increase in Dividend Payment by 8%
29.04.2026

June General Meeting of NLB Expected to Confirm Increase in Dividend Payment by 8%

In mid-June, NLB's shareholders traditionally gather for their first annual General Meeting of the year. The meeting, the 46th in a row, will take place on Monday, 15th June, 2026, starting at 11 a.m. At the General Meeting shareholders will, among o...

Read more
NLB Group Publishes its Annual Report – Inspiration for Success
09.04.2026

NLB Group Publishes its Annual Report – Inspiration for Success

Great and compelling stories all share a few building blocks: meaningful challenges, captivating characters, significant transformation, and emotional resonance. They give us something to believe in. And they inspire us – to dream and to act. At the ...

Read more
Announcement pursuant to Sec 5 ATA
09.04.2026

Announcement pursuant to Sec 5 ATA

Pursuant to the Rules of the Ljubljana Stock Exchange and Article 158 of the Market in Financial Instruments Act, relating to the Article 17 of the Regulation (EU) No 596/2014 Nova Ljubljanska banka d.d., Ljubljana, Trg republike 2, 1000 Ljubljana an...

Read more