SalMar issues NOK 2.75bn in green bonds

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SalMar ASA has completed a new NOK 2.75 billion green bond issuance as the Norwegian seafood producer continues expanding its sustainability-linked financing activities.

The company confirmed on 9 June 2026 that the senior unsecured green bonds were issued across two separate three-year tranches. The financing will support SalMar’s broader funding strategy while reinforcing investor demand for sustainability-focused seafood production assets.

The first tranche totals NOK 1.75 billion with a floating-rate coupon of 3mN+0.88% per year. The second tranche totals NOK 1 billion with a fixed-rate coupon of 5.541% per year.

SalMar said the bonds will mature after three years, with settlement scheduled for 18 June 2026. The company also plans to apply for listing of the bonds on the Oslo Stock Exchange.

The Norwegian seafood group is rated BBB/Stable by Nordic Credit Rating.

Arctic Securities, Danske Bank, DNB Carnegie, Nordea and SEB acted as joint lead managers for the transaction.

Green bond activity has continued growing across the food production and seafood industries as companies seek financing tied to sustainability projects, emissions reductions, and environmentally focused operational investments.

For seafood producers, sustainable financing has become increasingly important as retailers, investors, and regulators place greater attention on environmental standards throughout global protein supply chains.

SalMar is one of the largest salmon farming companies in Norway and operates across fish farming, harvesting, processing, and seafood distribution operations.

The latest SalMar green bonds transaction highlights continued investor appetite for sustainability-linked financing within the Nordic seafood sector.

What happens next?

Settlement of the new SalMar green bonds is expected on 18 June 2026, after which the company will move forward with the planned Oslo Stock Exchange listing process.

The financing may support future sustainability investments across SalMar’s seafood production network as environmental performance becomes more important across global seafood and grocery supply chains. The SalMar green bonds issuance also reflects wider growth in ESG-linked financing across the food industry.