Mowi explores green bond issue for sustainable salmon production

Mowi ASA has announced a mandate for a potential NOK-denominated senior unsecured green bond issue, which would be swapped to EUR. The company, rated BBB+ with a stable outlook by Nordic Credit Rating, has engaged several banks to arrange fixed income investor meetings starting today, November 25, 2025. Any bond issue, with a minimum tenor of 5 years, would be subject to market conditions.

Mowi, headquartered in Bergen, Norway, is the world's largest producer of farm-raised Atlantic salmon. The fully integrated seafood company recorded a turnover of €5.6 billion in 2024 and employs 12,300 people in 26 countries.

The company is recognized for its sustainability efforts, being ranked as the most sustainable listed animal protein producer globally by Coller FAIRR. The proposed green bond aligns with Mowi's commitment to sustainable practices in the seafood industry.