By Devika Patel
Knoxville, Tenn., Nov. 27 – Entra ASA priced NOK 300 million more of its floating-rate green bonds due May 22, 2025 at 100.579 with a coupon of Nibor plus 83 basis points to yield Nibor plus 72 bps, lifting the size of the issue to NOK 1 billion, according to a press release.
Entra originally sold NOK 700 million of the floaters in May.
DNB Markets was the bookrunner.
Proceeds will fund a pool of properties with high environmental standards.
The real estate company is based in Oslo.
| Issuer: | Entra ASA
|
| Amount: | NOK 300 million reopening
|
| Description: | Floating-rate notes
|
| Maturity: | May 22, 2025
|
| Bookrunner: | DNB Markets
|
| Coupon: | Nibor plus 83 bps
|
| Price: | 100.579
|
| Yield: | Nibor plus 72 bps
|
| Announcement date: | Nov. 27
|
| Total outstanding: | NOK 1 billion, including NOK 700 million previously sold in May
|
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