Capital/Financing Update • Oct 15, 2020
Capital/Financing Update
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New 7.5 year Green Bond issue
15.10.2020 14:21:01 CEST | Entra ASA | Additional regulated information required
to be disclosed under the laws of a member state
Entra has issued a new 7.5 year Green Bond with the following terms: Fixed rate
bond (ISIN NO0010895964) with term from October 21, 2020 to April 21, 2028. The
coupon is 1.66 % p.a. (equivalent to 3mn NIBOR + 0.94 % p.a.). The first tranche
amounts to NOK 700 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 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 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 DNB Markets.
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/16126567/134/155/Download%20announceme
nt%20as%20PDF.pdf]
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