Arise announces plan to fully redeem outstanding bond due 2015

By Tali Rackner

Norfolk, Va., Sept. 12 – Arise AB plans to full redeem its bond due 2015 on Sept. 29, according to a notice.

The bonds will be redeemed at par plus accrued interest to and including the redemption date.

The company announced the issuance of a new SEK 350 million bond in order to fund the refinancing.

Arise develops and owns wind farms and is based in Laholm, Sweden.

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