Mowi ASA has completed a new senior unsecured green bond placement worth NOK 2.7 billion, as the seafood producer continues investing in sustainability-linked projects across its global salmon operations.
The Norway-based company confirmed on 27 May that the transaction was split into two five-year tranches. One tranche of NOK 2 billion carries a floating coupon linked to the three-month NIBOR rate plus a 1.10% annual margin. The second tranche of NOK 700 million carries a fixed coupon of 5.524% per year.
According to the company, the entire issue amount and coupon structure will be swapped into floating euro rates. The offering was reported to be well oversubscribed.
Mowi ASA said proceeds from the green bond issue will support eligible projects under its updated Green Financing Framework launched in May 2026.
The settlement date for the transaction is scheduled for 3 June 2026. The company also plans to apply for the bonds to be listed on the Oslo Stock Exchange.
The financing move comes as large seafood producers continue increasing investment in sustainability programmes, farming infrastructure, energy efficiency, and supply-chain improvements linked to retailer and consumer expectations.
Headquartered in Bergen, Mowi ASA is one of the world’s largest farmed Atlantic salmon producers, with operations across Norway, Scotland, Ireland, Iceland, Canada, Chile and the Faroe Islands.
The company estimated a 2026 harvest volume of 605,000 tonnes and reported turnover of EUR 5.7 billion in 2025.
The development also highlights continued investment activity across the wider Norway freshproduce and food supply sector, where sustainability financing is becoming increasingly important for exporters and supermarket suppliers.
Editor’s Note: Information in this article is based on an official company announcement issued by Mowi ASA on 27 May 2026 regarding its new green bond placement and financing framework.
