Entra ASA issues NOK 300m green bond

Entra ASA, rated Baa3/Stable by Moody's, has successfully issued a new 6-year senior unsecured fixed rate green bond. This initial tranche amounts to NOK 300 million, featuring a coupon of 5.13% p.a., which translates to an issue-spread of 3-month NIBOR + 1.18%. The settlement date for these bonds is scheduled for 10 October 2025, with an application to be made for listing at Oslo Børs. Nordea arranged the transaction.

This issuance aligns with Entra's strategy, which emphasizes environmental leadership alongside profitable growth. The company is a prominent owner, manager, and developer of approximately 80 office properties across Norway, including the Greater Oslo region, Bergen, and Stavanger. These properties collectively span around 1.3 million square metres.

Entra's tenant portfolio predominantly consists of public sector entities and high-quality private tenants secured on long-term leases, reinforcing its position as a preferred office provider in Norway.