Brief: Fastned Repays First Bond, Extends EUR 2.5 Mln In Outstanding Bonds

Fastned BV

13/12/2021 06:33

Dec 13 (Reuters) - FASTNED BV  FASTN.AS :
    * REPAYS FIRST BOND AND EXTENDS 2.5 MILLION EURO IN
OUTSTANDING
BONDS
    * FOLLOWING THIS AND EARLIER EXCHANGES IN 2020, TOTAL
REPAYMENT
OBLIGATION FOR 2022 HAS BEEN REDUCED FROM 20 MILLION EURO TO
11.5 MILLION EURO
    * REPAYMENT WAS PARTLY FUNDED WITH ISSUANCE OF A NEW 5-YEAR
BOND
WITH A COUPON RATE OF 4.5%
    * THIS BROUGHT TOTAL SIZE OF NEW 5-YEAR BOND TO
APPROXIMATELY 2.8
MILLION EURO
    * OUTSTANDING BONDS MATURING IN 2022 HAVE BEEN EXCHANGED FOR
BONDS
IN THIS NEW ISSUE
    * HAS REPAID ITS FIRST 5-YEAR BOND

Further company coverage:  FASTN.AS 

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