By Devika Patel
Knoxville, Tenn., Jan. 23 – Mowi ASA sold €200 million of five-year senior unsecured green bonds, according to a press release. The deal was announced Jan. 17.
The bond issue was “significantly oversubscribed,” the release said.
The coupon is equal to Euribor plus 160 basis points.
Danske Bank, DNB Markets and Nordea were the bookrunners.
Proceeds will be used for general corporate purposes in line with the company’s green bond framework.
Mowi, formerly known as Marine Harvest ASA, is a seafood company based in Bergen, Norway.
Issuer: | Mowi ASA
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Securities: | Senior unsecured green bonds
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Amount: | €200 million
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Bookrunners: | Danske Bank, DNB Markets and Nordea
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Lead managers: | ABN Amro, Rabobank and SEB
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Maturity: | Five years
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Coupon: | Euribor plus 160 bps
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Announcement date: | Jan. 17
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Settlement date: | Jan. 23
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