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Published on 4/13/2021 in the Prospect News Green Finance Daily.

New Issue: Salmar sells NOK 3.5 billion floating-rate green bond

Chicago, April 13 – Salmar ASA (Nordic Credit Rating: A-) sold a NOK 3.5 billion senior green bond due Jan. 22, 2027, according to a notice.

The transaction was significantly oversubscribed.

The interest rate is set at Nibor plus 135 basis points.

Danske Bank, DNB Markets and Nordea are the joint lead managers and green bond advisers.

The bonds will be listed on the Oslo Stock Exchange.

Salmar is a farmed salmon producer in Kverva, Norway.

Issuer:Salmar ASA
Issue:Green bonds
Amount:NOK 3.5 billion
Maturity:Jan. 22, 2027
Bookrunners:Danske Bank, DNB Markets and Nordea
Coupon:Nibor plus 135 bps
Trade date:April 13
Settlement date:April 22
Marketing:Investor call

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