SalMar ASA Issues Green Bonds to Support Sustainable Growth

Author: Logan Wright Updated: 08-15-2025 04:01 AM

SalMar ASA Green Bonds Overview

SalMar ASA, a prominent player in the aquaculture sector, has made an impressive move in the bond market by issuing a total of NOK 1,500 million in new green bonds. Rated BBB+/Negative by Nordic Credit Rating, SalMar aims to reinforce its financial strategies while supporting sustainable initiatives through these green bonds.

Details of the Bond Issuance

The bond issuance comprises NOK 1,000 million in an 8-year fixed tranche along with NOK 500 million in a 7-year floating rate tranche. The fixed coupon is set at an attractive rate of 5.15%, while the floating rate is set at 3-month NIBOR plus 143 basis points. In comparison, the 7-year floating rate tranche offers a rate of 3-month NIBOR plus 135 basis points.

Bond Listing Plans

SalMar intends to list these senior unsecured green bonds on the Oslo Stock Exchange, further enhancing their visibility and accessibility to investors in the market. The expected settlement date for the bonds is positioned for late 2025, specifically on August 22, indicating a proactive approach towards capital management and market strategy.

Future Considerations

Alongside the present bond issuances, SalMar is also considering the potential issuance of an additional NOK 500 million in bonds for the 7-year tranche. The ability to adapt this transaction will depend on prevailing market conditions and investor interest, showcasing SalMar's flexibility within the financial markets.

Roles of Financial Institutions

Nordea has served as the Sole Lead Manager for this bond transaction, bringing its expertise to ensure a successful issuance. Additionally, Danske Bank, DNB, and SEB have joined as Joint Lead Managers, collaborating to facilitate the bond issuance process smoothly and effectively.

Investor Relations Contact

For those interested in further details or inquiries about the bond offerings, SalMar's Head of Investor Relations, Håkon Husby, is available for communication. He can be reached at +47 936 30 449 or via email at hakon.husby@salmar.no. Håkon is prepared to provide the necessary insights and support for investors looking to delve deeper into the details surrounding SalMar's financial strategies and commitments to sustainability.

Frequently Asked Questions

1. What is the purpose of SalMar's green bonds?

SalMar's green bonds are aimed at financing sustainable initiatives, enhancing their commitment to environmental responsibility.

2. Who are the lead managers for the bond issuance?

Nordea acts as the Sole Lead Manager, with Danske Bank, DNB, and SEB serving as Joint Lead Managers.

3. What are the key features of the bond offerings?

The bonds consist of an 8-year fixed tranche with a coupon of 5.15% and a 7-year floating rate tranche linked to NIBOR.

4. When does the bond settlement date occur?

The bonds are set to settle on August 22, 2025.

5. How can investors contact SalMar for more information?

Investors can reach out to Håkon Husby at +47 936 30 449 or email him at hakon.husby@salmar.no for further inquiries.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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