By Devika Patel
Knoxville, Tenn., Aug. 11 – Entra ASA sold NOK 700 million more of its floating-rate bonds due June 7, 2029, according to a press release.
The floaters accrue interest at Nibor plus 40 basis points.
The company originally sold NOK 500 million of the floaters in a sale that settled on June 7.
Proceeds are earmarked to fund a pool of properties/projects with high environmental standards and a minimum certification of “excellent” from BREEAM.
The real estate company is based in Oslo.
| Issuer: | Entra ASA
|
| Securities: | Add-on to floating-rate green bonds
|
| Amount: | NOK 700 million
|
| Maturity: | June 7, 2029
|
| Coupon: | Nibor plus 40 bps
|
| Announcement date: | Aug. 11
|
| Total outstanding: | NOK 1.2 billion, including NOK 500 million issued on June 7
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
