FairWind considers issuance of new senior secured sustainability-linked bonds, gives conditional notice of early redemption of its outstanding 2021/2026 bonds, and provides a trading update
Force BidCo A/S (“FairWind” or the “Company”) announces that it has mandated ABG Sundal Collier AB and Arctic Securities AS, filial Sverige as joint bookrunners to arrange a series of fixed income investor meetings commencing on 26 March 2025 to explore the possibility of issuing new senior secured sustainability-linked floating rate bonds with a 5-year tenor (the “New Bonds”).
The proceeds from the New Bonds will be used to redeem FairWind’s Existing Bonds (as defined below) in full, repay certain other existing debt within the Group, pay transaction costs, and for general corporate purposes (including investments and future acquisitions). A capital markets transaction with an expected volume of EUR 90 million may follow, subject to market conditions.
For further information:
Kathryn MacKenzie, Head of Marketing and Communications
kmackenzie@fairwind.com | +44 7549 690 023
About FairWind
FairWind A/S is a leading global provider of one-stop solutions for the installation and service of onshore and offshore wind turbines throughout the world. FairWind has worked in more than 40 countries and cooperates with over 2,200 technicians to manage customers’ projects globally.
You can read more about FairWind on www.fairwind.com