Mowi ASA – Successful placement of new senior unsecured green bonds
25 Aprile 2024 - 3:13PM
Mowi ASA – Successful placement of new senior unsecured green bonds
Bergen, 25 April 2024 – Reference is made to the stock exchange
notice from 22 April 2024. Today, Mowi ASA (rated BBB+/Stable by
Nordic Credit Rating) has successfully issued a total of NOK 3,500
million (EUR 298 million) of new senior unsecured green bonds split
between two tranches. NOK 2,500 million (EUR 213 million) has been
issued with a tenor of 5 years and a coupon of 3-month Nibor +
1.13% margin p.a., and NOK 1,000 million (EUR 85 million) has been
issued with a tenor of 8 years and a fixed coupon of 3-month Nibor
+ 1.5% margin p.a. (equivalent to 5.407% p.a.). The entire issue
amount and coupons will be swapped into floating EUR. The
transaction was well oversubscribed.
The proceeds from the green bond issues will be used for green
projects as further defined by Mowi's Green and
Sustainability-Linked Financing Framework dated May 2023.
The settlement date is set to 3 May 2024 for both tranches and
an application will be made for the bonds to be listed on Oslo
Stock Exchange.
Danske Bank (Green Bond Advisor), DNB Markets, Nordea and SEB
(as Joint Global Coordinators) acted together with ABN AMRO, Crédit
Agricole Corporate and Investment Bank and Rabobank as Joint Lead
Managers on the transaction.
For further information, please contact:
Kristian Ellingsen, CFO, +47 905 14 275
Kim Galtung Døsvig, IR Officer & Head of Treasury, +47 908
76 339
About Mowi ASA
Mowi is one of the world's leading seafood companies and the
largest producer of farm-raised Atlantic salmon in the world, with
an estimated harvest for 2024 of 500 000 tonnes from seven farming
countries including Norway, Scotland, Ireland, Faroes, Iceland,
Canada and Chile.
Mowi is a fully integrated global seafood company, bringing
salmon and other seafood of supreme quality to consumers around the
world, partly under its own MOWI brand. Mowi is ranked as the most
sustainable listed animal protein producer in the world by Coller
FAIRR.
With headquarters in Bergen, Norway, Mowi employs 11 500 people
in 26 countries worldwide, and is listed on the Oslo Stock
Exchange. Turnover was EUR 5.5 billion in 2023.
For more information, please visit www.mowi.com.
Grafico Azioni Mowi ASA (TG:PND)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Mowi ASA (TG:PND)
Storico
Da Feb 2024 a Feb 2025
