Danske Bank facilitates bond issuance for deep-sea drilling firm

This is not the first time Danske Bank is met with criticism for financing fossil fuel companies.

Samu Slotte, Head of Sustainability at Danske Bank. | Photo: Pr / Danske Bank

Danske Bank has facilitated a bond issuance of DKK 2.6bn (EUR 349m) for Norwegian Odfjell Drilling, specializing in deep-sea oil drilling in vulnerable locations such as the Arctic.

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Danske Bank facilitates bond issuance for deep-sea drilling firm

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Sign up for our newsletter

Front page now

Comment: Investors don’t need to invent policies on Gaza

The list of money managers axing oil stocks just got longer

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Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

World's best EMD team still waiting for clients to return to Danske AM

Eight Nordic managers move up in global top 500 ranking

The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Sampension and utility firm join forces to invest in solar plant