Danske Bank acted as Sole Bookrunner for NorgesGruppen's NOK 650 million green bond issue

Issuer: NorgesGruppen ASA
Ticker: NORGRU Corp <go>
Status: Senior Unsecured Green Bonds
Issue Size: NOK 650m (max)
Borrowing Limit: NOK 2,000m
Settlement date 30 April 2020
Maturity date: 8 September 2026  
Coupon: 3mN + 115bps, Quarterly, act/360
IPT: 3mn + 145-150 bps area
ISIN:  NO0010881337

 
Denominations: NOK 2,000,000 + NOK 100,000
Listing: Oslo Børs
Settlement: VPS
Use of Proceeds: For eligible green bond projects in accordance with the Green Bond Framework
Target market: MiFID II professionals/ECPs/No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients  (all distribution channels). No PRIIPs key information document (KID) has been prepared as not deemed within scope
Fees: The Bookrunner will be paid a fee in connection with the transaction
Bookrunner: Danske Bank
Timing: Today’s business
Insight: The issuer will have insight into order books and the allocation process.

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