Global aquaculture genetics, health and nutrition group Benchmark has issued a new green bond.

The AIM-listed company completed a new senior unsecured green bond issue of NOK 750 million (€72 million/$70 million) with expected maturity on Sept. 27, 2025.

The proceeds from the bond issue would be used to refinance Benchmark's outstanding senior secured bonds which mature in June 2023 and to finance green projects.

“We are pleased to have completed this new green bond issue, which enables us to refinance our main existing debt and allows us to execute our growth strategy, while demonstrating our sustainability commitment,” Benchmark CEO Trond Williksen said.