B2 Impact ASA communicates through a press release that it has appointed DNB Markets and Nordea as global coordinators and SpareBank 1 Markets as Joint Lead Manager to organize a series of meetings with fixed income investors starting from 19 January 2024.
A 4-year floating rate EUR-denominated senior unsecured bond issue may follow, subject among other things to market conditions. Upon successful completion of the new bond issue, B2 Impact ASA plans to exercise its right to make a voluntary early redemption of the remaining B2H05 at par, in accordance with its terms and conditions.
The Company is publishing a trading update based on preliminary financial information for the fourth quarter of 2023, in relation to upcoming investor meetings and possible new bond issuance.
Cash collections of more than NOK 1,900 million (NOK 1,458 million)
- up at least 30% y-o-y
Portfolio investments of more than NOK 800 million (NOK 769 million)
- up at least 4% y-o-y
Cash EBITDA of more than NOK 1,500 million (NOK 1,140 million)
- up at least 31.5% y-o-y
Leverage ratio at end of quarter at less than 2.00x (2.26x)
- down at least 11.5% y-o-y
