16.9.2020 08:00:01 CEST | Entra ASA | Additional regulated information required to be disclosed under the laws of a member state
Entra ASA has re-opened the green bond issue ENTRA52 G (ISIN NO0010886856, maturity 29.06.2027) with NOK 500,000,000 at an issue price of 101.324%, equivalent to an issue-spread of NIBOR 3M +0.90%. The total amount outstanding after this transaction is NOK 2,000,000,000.
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 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 90022559, ao@entra.no
Attachments
Download announcement as PDF.pdf
