B2 Impact ASA has successfully placed a €100 million senior unsecured bond maturing in February 2028.
The bond will have a coupon equal to 3-month EURIBOR + 5.00% p.a. and will be listed on the Oslo Stock Exchange.
The expected settlement date is January 30, 2024.
With this new bond issue, B2 Impact can have the financial flexibility to repay the B2H05 bonds and at the same time maintain sufficient investment capacity.
On a pro forma basis, B2 Impact’s cost of financing decreased by approximately 50 bps compared to the end of the third quarter.
DNB Markets and Nordea acted as Global Coordinators and SpareBank 1 Markets acted as Joint Lead Managers for the bond issue.