Lerøy Seafood Group Raises NOK 750 Million in Green Bond Issuance
News related to:Lerøy Seafood Group ASA · 1 min read
Lerøy Seafood Group ASA has successfully raised NOK 750 million through the issuance of a new green bond, a move that underscores the company's commitment to sustainable financing. The bond, with a tenor of six years and a floating rate coupon of 3m NIBOR + 116 bps, will support green projects as outlined in the company’s Green Finance Framework.
The transaction, which closed on September 17, 2026, was executed by Danske Bank and DNB Carnegie as joint bookrunners. The net proceeds from the bond issue will be directed towards financing or refinancing projects that align with environmental, social, and governance (ESG) criteria, further solidifying Lerøy Seafood’s position as a leader in sustainable seafood operations.
"This is a significant milestone for Lerøy Seafood Group," stated Sjur Malm, Chief Financial Officer. "The successful placement of this green bond not only enhances our financial flexibility but also reinforces our dedication to sustainable practices and responsible business conduct."
An application has been submitted for the bond to be listed on the Oslo Stock Exchange, reflecting the growing demand for green financial instruments in the market. The listing will provide greater transparency and accessibility to investors, aligning with Lerøy Seafood’s broader strategic goals.
The bond's successful placement is part of a broader strategy to integrate sustainability into all aspects of the company’s operations. With the bond’s terms and conditions, the funds will be allocated towards projects that contribute to environmental conservation, energy efficiency, and other eco-friendly initiatives.
Lerøy Seafood Group ASA, rated BBB/Stable by Nordic Credit Rating, continues to demonstrate its commitment to transparency and responsible investment. The company’s move towards green financing aligns with global trends towards sustainable business practices and underscores its leadership in the seafood industry.
This development is expected to enhance Lerøy Seafood Group’s reputation and appeal to a growing base of environmentally conscious investors, while also providing the necessary capital to support ongoing and future green projects.