11.8.2021 14:13:44 CEST | Entra ASA | Additional regulated information required to be disclosed under the laws of a member state
Entra ASA has re-opened the floating rate green bond issue ENTRA60 ESG (ISIN NO0011017147, maturity 07.06.2029) with NOK 700,000,000 at an issue price of 96.678%, equivalent to an issue-spread of 3mn NIBOR + 0.84% p.a. The total amount outstanding after this transaction is NOK 1,500,000,000.
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 2016 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 SEB.
Disclosure regulation
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
About Entra ASA
Entra is a leading owner, manager and developer of office properties in Norway. Entra owns and manages around 90 buildings totalling approximately 1.3 million square meters, located in Oslo and the surrounding region, Bergen, Stavanger and Trondheim. Entra has a solid customer portfolio with a high proportion of public tenants. The company’s strategy is focused on delivering profitable growth, high customer satisfaction and environmental leadership
Attachments
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