Scandinavian Biogas successfully placed SEK 700 m green bonds
Scandinavian Biogas Fuels International AB (publ) (“Scandinavian Biogas”) has successfully placed senior secured green bonds of SEK 700 million under a framework of SEK 1.2 billion. The bonds have a tenor of five years and a floating interest of STIBOR three months plus 6.00 per cent. The bonds will share security with an up to SEK 300 million super senior revolving credit facility which Scandinavian Biogas intends to enter into in connection with the settlement of the bonds. The placement was well received by the market and the subscribers of the bond consisted mainly of Nordic institutional