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An announcement from SalMar ASA ( (GB:0FWY) ) is now available.
SalMar ASA has raised NOK 750 million through a new senior unsecured green bond issue, carrying a 10-year term and a fixed coupon of 5.625%, equivalent to a floating rate of 3-month NIBOR plus 150 basis points. The bond, rated BBB+ with a Negative Outlook by Nordic Credit Rating, underscores SalMar’s access to long-term sustainable financing and its continued commitment to green investment initiatives in its operations.
An application will be filed to list the bond on the Oslo Børs, which should enhance liquidity and broaden the investor base for SalMar’s debt instruments. The successful placement, arranged by Danske Bank, strengthens the company’s capital structure and provides additional financial flexibility for future projects, reinforcing its position in the Nordic credit and sustainable finance markets.
The most recent analyst rating on (GB:0FWY) stock is a Hold with a NOK610.00 price target. To see the full list of analyst forecasts on SalMar ASA stock, see the GB:0FWY Stock Forecast page.
More about SalMar ASA
SalMar ASA is a Norwegian aquaculture company and one of the world’s largest producers of farmed salmon, supplying global seafood markets with Atlantic salmon. The company operates along the salmon value chain, from smolt and farming to processing and sales, with a focus on sustainable and efficient production in Norway and surrounding regions.
Average Trading Volume: 269,151
Current Market Cap: NOK79.32B
For a thorough assessment of 0FWY stock, go to TipRanks’ Stock Analysis page.