Grieg Seafood has placed its first Green Bond

Grieg Seafood ASA has successfully completed a new senior unsecured green bond issue of NOK 1,000 million with maturity date 25 June 2025. The transaction was significantly oversubscribed.

Please find our Green Bond Framework and the Second Opinion issued by CICERO Center for International Climate Research here:

Commenting on the issuance of Grieg Seafood’s first Green Bond, Andreas Kvame, CEO of Grieg Seafood, said:

«Reducing our environmental footprint and improving fish welfare is not only an ethical responsibility, it is also key to achieve our operational and financial targets. We will invest heavily in these areas over the next years, in projects like keeping the fish longer on land, achieving ASC certifications, reducing carbon emissions or help commercialize new feed ingredients with lower impact. We are pleased to partly finance these efforts through a Green Bond.»

For more information, please refer to the stock exchange release: