Brief: Cinis Fertilizer Placed Senior Secured Callable Green Bonds

Cinis Fertilizer AB

19/11/2024 14:31

Nov 19 (Reuters) - Cinis Fertilizer AB  CINIS.ST :
    * CINIS FERTILIZER HAS SUCCESSFULLY PLACED SENIOR SECURED
CALLABLE
GREEN BONDS
    * SUCCESSFULLY PLACED SENIOR SECURED CALLABLE DARK GREEN
BONDS
AMOUNTING TO SEK 550 MILLION
    * NET PROCEEDS WILL, AMONG OTHER THINGS, BE USED TO
REFINANCE
EXISTING DEBT AND GIVE COMPANY AN EXTRA BUFFER
    * BONDS WILL HAVE A TENOR OF 3 YEARS AND CARRY A FLOATING
INTEREST
RATE OF STIBOR THREE MONTHS PLUS 8.0 PER CENT, PER ANNUM

Source text:  ID:nWkrbSQ4hv 
Further company coverage:  CINIS.ST 

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