Castellum AB (publ) successfully issues hybrid bonds amounting to EUR 1 billion
On 25 August 2021, Castellum AB (publ) successfully issued hybrid bonds with an initial non-call period of 5.5 years and a fixed coupon of 3.125%. The issue was oversubscribed and the bonds will be listed on Euronext Dublin (Global Exchange Market). The hybrid bonds are considered to be perpetual and will be reported as equity in accordance with IFRS. Moody’s has assigned the instrument a Ba1 rating, and has confirmed that it will classify 50% as equity. The proceeds from the bonds will be used for general corporate purposes, including acquisitions and future project development. For