Luossavaara-Kiirunavaara AB (LKAB), founded in 1890 and headquartered in Kiruna, Sweden, is a prominent mining company specializing in the extraction of iron ore. With a commitment to sustainability and innovation, LKAB plays a crucial role in the global steel supply chain, providing high-quality iron ore products and engaging in various value-added services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LKAB 0.88% 2025-03-10 SEKLuossavaara-Kiirunavaara AB | Sweden | 2025-03-10 | 0.875 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
LKAB has a notable history in bond issuances, having first issued bonds in the mid-1990s to support its operations and strategic initiatives. In 2020, LKAB launched a significant €500 million bond to finance its transition towards more sustainable practices, which is noteworthy given the tightening focus on green financing. Currently, LKAB's bond yields hover around 2.5%, comparable to industry averages, with the company maintaining a strong credit rating that attracts retail investors seeking stable returns amidst volatile market conditions.