Arise AB (publ) (the ”Company”) has successfully issued green senior unsecured bonds of an amount of EUR 50,000,000 under a framework of EUR 100,000,000. The bonds carry a floating interest rate of 3m EURIBOR + 525 basis points and are due in May 2026. The Company intends to list the bonds on Nasdaq Stockholm Sustainable Bond List.
The net proceeds will be used in accordance with Arise’s newly established Green Financing Framework, including financing of new renewable energy projects.
DNB Markets acted as Sole Bookrunner and Sustainability Advisor, Setterwalls Advokatbyrå AB acted as the issuer’s legal counsel and Advokatfirman Cederquist AB acted as the bookrunner’s legal counsel in connection with the bond issue.