Capital/Financing Update • Mar 15, 2017
Capital/Financing Update
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Entra ASA : New Green Bond issue
Entra has issued a new 7 year Green Bond with the following terms: Floating rate
bond term from 20.03.2017 to 20.03.2024. Coupon of 3mnd. NIBOR + 0.86 % p.a. The
first tranche amounts to NOK 750 million with ISIN NO0010789464.
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 framework for Entra's green bonds 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. Cicero
has given Entra's green bond framework its highest shading of green - Dark
Green. Such shading according to Cicero is given to projects and solutions that
realise the long term vision of a low-carbon and climate-resilient future
already today. Typically, this will entail zero-emission solutions and
governance structures that integrate environment concerns into all activities.
Example projects include renewable energy projects such as solar or wind.
DNB, SEB and Swedbank acted as lead arrangers of the transaction.
For further queries please contact: Anders Olstad, CFO, tel: +47 900 22 559,
email: [email protected]
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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