FairWind successfully issues subsequent bonds of EUR 5 million
Force BidCo A/S’s (“FairWind” or the “Company”) has successfully issued EUR 5 million of subsequent bonds (“Subsequent Bonds” or the “Issue”) under the Company’s existing senior secured bond loan 2021/2026 with ISIN SE0016275820 with a total framework amount of EUR 100 million (the “Bonds”). Following the Issue, the total amount outstanding under the Bonds is EUR 55 million.The Issue received strong interest from Nordic institutional investors. The Subsequent Bonds carry a floating interest rate of 3m EURIBOR + 625 bps. The net proceeds from the Subsequent Bonds will be used to partially
A tech provider for many of Europe’s leading car subscription services, Casi’s pan-European data shows average car subscription length has more than doubled in 2023, with more EU drivers choosing to access cars flexibly in a challenging economic climate.Bergen, Norway (December 19th, 2023) Norwegian car subscription technology company Casi has announced new data showing more people choose car subscriptions as a permanent mobility solution. The average subscription length has increased from 215 to 461 days. At the same time, the average monthly price has decreased from
