Fiven ASA successfully places EUR 110m of senior secured sustainability-linked bonds and announces intention to redeem its outstanding EUR 70m bonds
Fiven ASA ("Fiven") has successfully placed EUR 110,000,000 of senior secured sustainability-linked floating rate bonds under a framework of EUR 170,000,000 with (the "New Bonds"). The New Bonds will have a tenor of three years and the proceeds from the transaction will be used to, amongst other things, redeem Fiven's outstanding EUR 70,000,000 senior secured sustainability-linked floating rate bonds with ISIN SE0016075196 (the "Existing Bonds"). The Existing Bonds will be redeemed in advance in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and