By Rebecca Melvin
New York, Feb. 5 – Entra ASA priced another NOK 450 million of its floating-rate green bonds due May 22, 2025 at 101.121 to yield Nibor plus 61 bps, lifting the size of the issue to NOK 1.45 billion, according to a press release.
Entra sold the initial NOK 700 million green issue in May 2019 and an additional NOK 300 million in November 2019.
The floaters have a coupon of Nibor plus 83 bps.
The proceeds of the issue will fund a pool of properties with high environmental standards.
The real estate company is based in Oslo.
| Issuer: | Entra ASA
|
| Amount: | NOK 450 million reopening
|
| Description: | Floating-rate notes
|
| Maturity: | May 22, 2025
|
| Coupon: | Nibor plus 83 bps
|
| Price: | 101.121
|
| Yield: | Nibor plus 61 bps
|
| Announcement date: | Feb. 5
|
| Total outstanding: | NOK 1.45 billion, including NOK 700 million sold in May 2019 and NOK 300 sold in November 2019
|
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