Capital/Financing Update • May 31, 2021
Capital/Financing Update
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New 8 year floating rate green bond issue
31.5.2021 16:01:58 CEST | Entra ASA | Additional regulated information required
to be disclosed under the laws of a member state
Entra ASA has issued a new 8 year floating rate green bond (ISIN NO0011017147)
with term from June 7, 2021 to June 7, 2029. The floating rate coupon is 3mN +
0.40% p.a., with issue spread of 3mN + 0.84% and a first tranche amount of NOK
500 million.
The Proceeds from the bond issue is earmarked funding of a pool of
properties/projects with high environmental standards and a certification from
BREEAM with a minimum certification of "excellent". The current green bond
framework for Entra was established in September 2016 by the Centre for
International Climate and Environmental Research Oslo (Cicero), an independent
research centre linked to the University of Oslo in Norway, and was updated in
April 2018 to also include BREEAM-In-Use. Cicero has given Entra's green bond
framework its highest rating - Dark Shade of Green. This rating is according to
Cicero given only to projects and solutions that already today realise the long
term vision of a low-carbon and climate-resilient future. Typically, this will
entail zero-emission solutions and governance structures that integrate
environment concerns into all activities.
The transaction is arranged by SEB.
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/16126567/611/827/Download%20announcement%2
0as%20PDF.pdf
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