By Devika Patel
Knoxville, Tenn., Oct. 30 – Entra ASA priced NOK 300 million more of its 2.79% green bonds due May 22, 2026 at 100.816 to yield 2.65%, equivalent to Nibor plus 85 basis points, according to a news release.
The add-on increased the size of the issue to NOK 1.2 billion.
Entra originally sold NOK 900 million of the notes at par in May.
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: | Fixed-rate notes
|
| Maturity: | May 22, 2026
|
| Coupon: | 2.79%
|
| Price: | 100.816
|
| Yield: | 2.65%
|
| Spread: | Nibor plus 85 bps
|
| Announcement date: | Oct. 30
|
| Total outstanding: | NOK 1.2 billion, including NOK 900 million sold in May with a coupon of 2.79%
|
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