By Marisa Wong
Los Angeles, June 13 – Borregaard ASA (Scope: A-) priced NOK 500 million of five-year green bonds at three-month Nibor plus 125 basis points, according to a press release.
DNB Markets and SEB acted as joint bookrunners and joint green structuring advisers.
Settlement will be on June 20.
The issuer will apply for the green bonds to be listed on the Oslo Stock Exchange.
Borregaard is a biorefinery company based in Sarpsborg, Norway.
| Issuer: | Borregaard ASA
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| Amount: | NOK 500 million
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| Issue: | Green bonds
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| Maturity: | Five years
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| Bookrunners: | DNB Markets and SEB
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| Coupon: | Nibor plus 125 bps
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| Trad date: | June 13
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| Settlement date: | June 20
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| Listing: | Oslo
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