Entra ASA: Re-opening of green bond issue ENTRA44 G

Entra ASA has re-opened the green bond issue ENTRA44 G (ISIN NO0010852692, maturity 22.05.2025) with NOK 300,000,000 at an issue price of 100.579%, equivalent to an issue-spread of NIBOR 3M +0.72%. The total amount outstanding after this transaction is NOK 1,000,000,000.

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 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 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 DNB Markets.