Capital/Financing Update • Dec 13, 2021
Capital/Financing Update
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New ten-year green term-loan facility
13.12.2021 14:00:01 CET | Entra ASA | Additional regulated information required
to be disclosed under the laws of a member state
Entra ASA has secured a new ten-year, green term-loan facility of NOK 1.0 bn
with the Nordic Investment Bank.
The facility is earmarked to the Entra redevelopment projects in Tordenskiolds
gate 12 and St. Olavs plass 5 in Oslo with the at aim of improving the energy
efficiency of the buildings to increase the offer value both to owners and
tenants.
Both buildings are expected to be aligned with the EU Taxonomy for climate
change mitigation and scheduled for completion in Q3 2022. The targeted
certification level for both properties is BREEAM In-Use Excellent.
"We are very pleased with our cooperation with the Nordic Investment Bank and
how they work with companies focusing on sustainability. Further, it is
fulfilling to see that Entra's ambitious environmental strategy and continuous
focus on developing environment friendly buildings also is a competitive
advantage and enables significantly better terms in the financing market", says
CFO Anders Olstad
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Anders Olstad, CFO, +47 900 22 559, [email protected]
ABOUT ENTRA ASA
Entra is a leading owner, manager and developer of office properties in Norway.
Entra owns and manages around 90 buildings totalling approximately 1.3 million
square meters, located in Oslo and the surrounding region, Bergen, Stavanger and
Trondheim. Entra has a solid customer portfolio with a high proportion of public
tenants. The company's strategy is focused on delivering profitable growth, high
customer satisfaction and environmental leadership
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/16126567/1063/1431/Download%20announcement
%20as%20PDF.pdf
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