Latest news

14 March 2024 15:43

Changes to KommunKredits Board of Directors

Mayor Martin Damm has joined KommuneKredit’s Board of Directors, as the current Chairman of the Board of Directors Henrik Hvidesten has decided to resign.
At the same time, the Board of Directors has elected Martin Damm as Chairman and Mayor Thomas Lykke Pedersen as Vice Chairman.
In connection with his election as Chairman, Martin Damm says:
"KommuneKredit’s financing plays an important

13 March 2024 18:53

KommuneKredit has published Annual Report 2023

Today, 13 March, 2024, KommuneKredit has published Annual Report 2023
Summary
Net interest income was DKK 467 million compared with DKK 339 million in 2022. Profit before value adjustments and tax was DKK 264 million, an increase of DKK 135 million compared with 2022. The increase was attributable mainly to growth in net interest income. Comprehensive income for the year amounted to DKK 414

13 March 2024 13:13

KommuneKredit publishes Green Bond Impact Report - Impact statement at year-end 2023

Today, we have published our 7th annual Green Bond Impact Report, which contains an account of the allocation of the proceeds from our green bonds (allocation reporting) as well as of the expected impacts of our green loan portfolio (impact reporting).
We are very pleased that our green bond as well as green loan portfolio continues to grow. At the turn of the year 2023/2024, we had in total a

29 February 2024 07:26

KommuneKredit issues new 1bn USD 3-year benchmark

On Monday 26th February 2024, at 13:30 CET, KommuneKredit announced the mandate for a new USD 1bn no-grow 3-year benchmark transaction with initial price thoughts (IPTs) of SOFR MS+35bps.
The following morning, with a backdrop of constructive market sentiment and indications of interest (IOIs) in excess of USD 2.4bn (excluding JLM interest), KommuneKredit officially opened books at 09:10 CET w

26 January 2024 11:55

KommuneKredit opens the funding year with new short 15-year 500 million EUR benchmark

On Wednesday 24th January, KommuneKredit priced a new EUR 500 million (no-grow) Nov-38 benchmark.
The orderbook officially opened on Wednesday the 24th of January at 09:30 CET, with an initial spread guidance of MS+47 bps area.
The deal started on strong footing, very quickly covering the 500 million and progressing to 1 billion (excluding JLM interest) by the book update at 12:00 CET where

30 October 2023 12:16

KommuneKredit launches inaugural USD green bond

On Wednesday 25th October 2023, KommuneKredit priced a new USD 750 million November-27 green bond. The transaction constitutes KommuneKredit’s inaugural USD denominated Green Bond issue providing additional diversification to KommuneKredit’s green investor base.
Tuesday 24th November KommuneKredit announced an upcoming USD 4-year Green Bond issuance with initial-price-thoughts of SOFR MS+43bps

7 September 2023 15:16

KommuneKredit announces Interim Report for 1st Half 2023

KommuneKredit has today 7 September 2023 announced the Interim Report for the 1st half of 2023.
Summary
• Profit for the period amounted to DKK 87 million before tax and value adjustments, while comprehensive income was DKK 187 million against DKK 468 million in the 1st half of 2022.
• Net interest income amounted to DKK 191 million, which is an increase of DKK 4 million relative to the y

Contacts

Jens Lundager

Press contact CEO jlu@kommunekredit.dk +45 3369 7622