Lerøy Seafood looks to finance projects with $50 million green bond

by
Editorial Staff

Lerøy Seafood considers NOK 500 million green bond issue.

Lerøy Seafood Group is considering issuing a senior unsecured green bond of NOK 500 million ($48.5 million), subject to market conditions.

The proposed bond would carry either fixed or floating interest and a maturity of four or seven years. Proceeds are intended to finance or refinance projects defined under the company’s green financing framework.

Nordic Credit Rating has assigned Lerøy Seafood a BBB+ (stable) rating.

Danske Bank and DNB Carnegie have been appointed joint lead managers for the potential issue.

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