NBN Co has successfully raised EUR 750 million (A$1.2 billion equivalent) from its second Euro Sustainability Bond issuance in the European debt capital markets.

Net proceeds from the transaction will be allocated to investments into the deployment of nbn® network energy-efficient fibre and the nbn® Fixed Wireless network which help enable access to digital services and helps advance digital skills and abilities in regional and remote areas.

The 7.5-year bond, which was issued in the European debt capital markets, was priced on 20 May 2026 and settled on 29 May 2026.

This issuance brings NBN Co’s total outstanding green or sustainable financing to approximately A$10.7 billion equivalent, further cementing NBN Co’s position as the largest Australian corporate issuer in green and sustainability format in the domestic and international debt capital markets.

This issuance represents the 11th transaction in green or sustainable format by NBN Co since the launch of its first Green Bond in 2022.

In May 2025, the company’s first ever Sustainability Bond issuance raised EUR 700 million in the European debt capital markets.

In March 2026, NBN Co’s inaugural domestic Sustainability Bond issuance successfully raised AUD$850 million.

The latest Sustainability Bond issuance attracted strong interest across Europe and in the UK, with the transaction order book significantly oversubscribed, demonstrating that investors have a strong interest in sustainable financing and supporting NBN Co’s highly credentialed sustainability initiatives.

Fiona Trigona, Executive General Manager, Group Treasurer at NBN Co, said: 

“NBN Co has a strong commitment to digital inclusion, particularly for regional and remote areas. Our Sustainability Bond raisings enable us to fund investments in nbn® network energy- efficient fibre, which helps deliver a more resilient network and also in the fixed wireless network which plays a crucial role in helping to enable connectivity in regional areas.

We were very pleased by investor interest in our Sustainability Bonds issuance in what remains a volatile market due to uncertainty resulting from geopolitical challenges and the ongoing situation in the Middle East.

“The success of our latest issuance in the European debt capital markets illustrates strong investor appetite for Australia and for NBN Co’s credit.”

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