Entra

Capital/Financing Update • Apr 19, 2021

Re-opening of 7 year green bond issue ENTRA55 G

19.4.2021 14:12:46 CEST | Entra ASA | Additional regulated information required to be disclosed under the laws of a member state

Entra ASA has re-opened the 7 year green bond issue ENTRA55 G (ISIN NO0010895964, maturity 21.04.2028) with NOK 250,000,000 at an issue price of 96.469%, equivalent to an issue-spread of 3mn NIBOR + 0.71% p.a. The settlement date is 21.04.2021 and the total amount outstanding after this transaction is NOK 1,750,000,000.

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 Nordea.

Disclaimer

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

Anders Olstad, CFO, +47 900 22 559, ao@entra.no

Attachments

Download announcement as PDF.pdf