Capital/Financing Update • Oct 21, 2020
Capital/Financing Update
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Re-opening of 7.5 year green bond issue
21.10.2020 08:00:00 CEST | Entra ASA | Additional regulated information required
to be disclosed under the laws of a member state
Entra ASA has re-opened the 7.5 year green bond issue with ISIN NO0010895964
(maturity 21.04.2028) with NOK 300,000,000 at an issue price of 100.038%,
equivalent to an issue-spread of 3mn NIBOR + 0.92% p.a. The total amount
outstanding after this transaction is NOK 1,000,000,000.
The Proceeds from the bond issue is earmarked funding of a pool of properties
with high environmental standards and a certification of minimum BREEAM In-Use
Excellent.
The current green bond framework for Entra was established in September 2017 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 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 DNB Markets and SEB.
DISCLAIMER
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Anders Olstad, CFO, +47 90022559, [email protected]
ATTACHMENTS
* Download announcement as PDF.pdf
[https://kommunikasjon.ntb.no/ir-files/16126567/150/164/Download%20announceme
nt%20as%20PDF.pdf]
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