Feb 19, 2020 14:30 UTC Kommuninvest mandates Barclays, BNP Paribas, Danske Bank, J.P. Morgan and Swedbank for a series of EURO Green investor calls

Following the decision in October of adding EUR as a strategic currency, Kommuninvest has now mandated Barclays, BNP Paribas, Danske Bank, J.P. Morgan and Swedbank to enable a series of investor calls, commencing on the 25th February. The objective is to discuss Kommuninvest’s new strategic EUR funding and Green bond programme. Additional information on timing, format and maturity for a potential debut EUR Green bond will be communicated in due course by the Joint Lead Managers.

- In 2019, Kommuninvest's lending increased by SEK 53 billion and we now have a market share of approx. 56 per cent. Given our continued growth and need for liquidity and flexibility, our ambition is to establish another strategic funding market. The size and liquidity of the EUR market makes it a natural choice but we will always compare the total costs in our base currency, SEK. By adding EUR to existing programmes in USD and SEK, we believe that we can find the right balance to meet the interests of both investor and our owners, says Christian Ragnartz, Head of Debt Management at Kommuninvest.

As part of Kommuninvest's sustainability strategy, the Kommuninvest preference is to conduct investor calls rather than physical investor meetings in relation to this mandate.

For further information

Christian Ragnartz, Head of Debt Management, tel: +46 706 07 38 34, e-mail: [email protected]

Tobias Landström, Deputy Head of Debt Management, tel: +46 705 86 78 51, e-mail: [email protected]

David Ljung, Head of Communications, tel: +46 70 752 49 47, e-mail: [email protected]

Kommuninvest is a municipal cooperation for efficient and sustainable financing of housing, infrastructure, schools, hospitals etc. Together we get better loan terms than each one individually. Since the start in 1986, the Kommuninvest collaboration has helped reduce the local government sector’s borrowing costs by many billion SEK. Currently, 293 municipalities and regions are members of this voluntary cooperation. With a balance sheet total of approx. SEK 550 billion (USD ~63 billion), Kommuninvest is the largest lender to the local government sector and one of the ten largest credit institutions in Sweden. The head office is located in Örebro. Contacts

David Ljung Press Contact Head of Communications, CCO [email protected] +46 73 068 45 45