TINE SA – Successful placement of inaugural senior unsecured green bonds

08 Mar 2023 15:12 CET

TINE SA has today successfully issued NOK 500 million in new senior unsecured
green bonds with a 5 year tenor. The bond issue has a coupon of 3 months Nibor +
95bp p.a. Settlement is expected to take place on March 15, 2023.
The proceeds from the inaugural green bond issuance will be used in accordance
with the newly established green bond framework, which has obtained a "Medium
Green" shading and governance score "Good" from Cicero Shades of Green.

Danske Bank acted as Sole Bookrunner and Green Bond Structuring Advisor.


For further information, please contact:
Ellen Eskedal Scavenius, Head of Finance
+ 47 982 47 044
Email: Ellen.Eskedal.Scavenius@tine.no

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