Entra ASA : Green bond issue
Entra has, as the first real estate company in Norway, issued its first Green
Bond with the following terms: Floating rate bond term from 22 September 2016 to
22 September 2023. Coupon of 3mnd. NIBOR + 0.94 % p.a. The first tranche amounts
to NOK 1bn with ISIN NO0010766389
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 has been reviewed 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.
SEB and Swedbank acted as lead arrangers of the transaction while SEB served as
advisor for the green bond framework. The Green Bond investor presentation is
attached to this release.
For further queries please contact: Anders Olstad, CFO, tel: +47 900 22 559,
email: ao@entra.no
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.