Entra ASA has secured a new eight-year, green term-loan facility of NOK 1.5 bn with the Nordic Investment Bank.
The facility is earmarked to the Entra development projects at the Tullin quarter in Oslo, Universitetsgaten 7-9 in Oslo and Holtemannsvei 1-13 in Trondheim, which are among Entra's most environmental friendly and sustainable development projects with targeted environmental classification of Breeam-NOR Excellent.
"We are very pleased with our cooperation with the Nordic Investment Bank and how they work with companies focusing on sustainability. Further, it is fulfilling to see that Entra's ambitious environmental strategy and continuous focus on developing environment friendly buildings also is a competitive advantage and enables significantly better terms in the financing market", says CFO Anders Olstad
For further queries please contact: Anders Olstad, CFO, tel: +47 900 22 559, email: ao@entra.no
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.