Cinis Fertilizer has issued SEK 550 million green bonds
Summary
Fertilizer company Cinis Fertilizer has issued SEK 550 million of senior secured dark green bonds. The net proceeds will be used, among other things, to refinance existing debt and strengthen the companys buffer. This is stated in a press release. The bonds have a maturity of three years and carry a floating interest rate of Stibor three months plus 800 basis points per annum, payable quarterly in arrears.
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