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Entra ASA Issues New Green Bond to Strengthen Market Position

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Entra ASA Issues New Green Bond to Strengthen Market Position

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Entra ASA ( (GB:0R3Y) ) has shared an update.

Entra ASA has issued a new 6-year senior unsecured fixed rate green bond with a coupon of 5.13% per annum, amounting to NOK 300 million, with plans to list the bonds on Oslo Børs. This move underscores Entra’s commitment to sustainable finance and strengthens its position in the green bond market, potentially enhancing its appeal to environmentally conscious investors.

The most recent analyst rating on (GB:0R3Y) stock is a Sell with a NOK102.00 price target. To see the full list of analyst forecasts on Entra ASA stock, see the GB:0R3Y Stock Forecast page.

More about Entra ASA

Entra ASA is a leading owner, manager, and developer of office properties in Norway. The company manages around 80 properties, totaling approximately 1.3 million square meters, located in the Greater Oslo region, Bergen, and Stavanger. Entra’s tenant base primarily consists of public sector entities and high-quality private tenants on long-term leases. The company’s strategy emphasizes creating value through profitable growth, being the preferred office provider, and environmental leadership.

Average Trading Volume: 63,290

Current Market Cap: NOK21.05B

For a thorough assessment of 0R3Y stock, go to TipRanks’ Stock Analysis page.

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