By Devika Patel
Knoxville, Tenn., Oct. 11 – Entra ASA priced NOK 200 million more of its floating-rate green bonds due Sept. 22, 2023 at 101.173 with a coupon of Nibor plus 63 basis points, lifting the size of the issue to NOK 1.2 billion, according to a press release.
Entra originally sold NOK 1 billion of the floaters at par with a coupon of Nibor plus 94 basis points in September 2016.
Proceeds will fund a pool of properties with high environmental standards.
The real estate company is based in Oslo.
Issuer: | Entra ASA
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Amount: | NOK 200 million reopening
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Description: | Floating-rate notes
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Maturity: | Sept. 22, 2023
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Bookrunners: | Credit Agricole Corporate and Investment Bank and BofA Merrill Lynch
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Coupon: | Nibor plus 63 bps
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Price: | 101.173
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Announcement date: | Oct. 11
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Total outstanding: | NOK 1.2 billion, including NOK 1 billion sold in September 2016 with a coupon of Nibor plus 94 bps
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