NBN Co has strengthened its position as Australia’s largest corporate Green Bond issuer, completing a new A$750 million 10-year Green Bond on 6 March 2025.
- Record Size & Tenor: One of the largest Australian dollar-denominated 10-year Green Bonds ever issued by an Australian corporate.
- Capital Program: Brings NBN’s total Australian Medium-Term Notes outstanding to A$6.9 billion and its cumulative Green Bond funding to A$7.4 billion across domestic and international markets.
- Use of Proceeds: Funds will be allocated to eligible energy-efficiency and sustainability projects under NBN’s Sustainability Bond Framework.
- Track Record: Follows previous Green Bonds of A$750 million (Aug 2024), A$850 million (Aug 2023), A$800 million (Apr 2022), and two Euro-denominated issuances totalling more than A$4 billion equivalent.
- Strategic Impact: Extends NBN’s Australian interest-rate curve, diversifies investors, and supports the company’s commitment to reducing network energy and emissions intensity.
NBN Co notes that the nbn® network now carries over 80 % of Australia’s data, serving more than 20 million people daily, and that sustainable financing is key to funding faster, more resilient broadband infrastructure.
Source: NBN Co media release, 7 March 2025 – https://www.nbnco.com.au/corporate-information/media-centre/media-statements/nbnco-raises-a750-million-in-latest-domestic-green-bond-issuance
NBN Co Issues A$750 Million 10-Year Green Bond