Grieg Seafood ASA Announces Fixed Income Investor Calls
Grieg Seafood ASA is embarking on a significant initiative by appointing DNB Markets and Nordea as Global Coordinators and Green Bond Advisors, with ABG Sundal Collier joining as Joint Bookrunner. This series of fixed income investor calls reflects the company's dedication to sustainable growth and financial accountability.
Details on the Upcoming Bond Issue
The calls will begin as market conditions permit, concentrating on a potential NOK-denominated senior unsecured green bond issue with a four-year tenor. This initiative highlights Grieg Seafood ASA's proactive strategy for financing sustainable projects while engaging with the investment community.
Conditional Buyback Offer for GSF01 ESG
Alongside the anticipated bond issue, Grieg Seafood ASA is also preparing a conditional buyback for its existing bond, GSF01 ESG. This approach emphasizes the company’s goal of maintaining a strong balance sheet while delivering value to its stakeholders.
Investor Engagement and Communication
Grieg Seafood ASA prioritizes effective communication with its investors. Atle Harald Sandtorv, the Chief Financial Officer, is available to address any questions. Investors looking for additional information can reach out directly via mobile at +47 908 45 252, promoting an open dialogue about the company’s financial initiatives.
Commitment to Sustainability
The planned fixed income operations by Grieg Seafood ASA reflect a robust commitment to sustainability within the seafood sector. The issuance of green bonds goes beyond mere financial strategy; it embodies the company’s dedication to environmentally responsible practices that resonate with its core values.
Frequently Asked Questions
What is the purpose of Grieg Seafood ASA's upcoming calls?
The calls are designed to engage fixed income investors regarding a potential NOK-denominated senior unsecured green bond issue.
Who are the financial advisors for the bond issuance?
DNB Markets and Nordea are serving as Global Coordinators and Green Bond Advisors, while ABG Sundal Collier acts as Joint Bookrunner.
What is the tenor of the proposed green bond?
The proposed green bond is anticipated to have a tenor of four years.
Will there be a buyback offer associated with the bond issue?
Yes, Grieg Seafood ASA intends to implement a conditional buyback for its GSF01 ESG bond.
How can investors get more information about these initiatives?
Investors can reach out to Atle Harald Sandtorv, the CFO, at +47 908 45 252 for any inquiries.