By Devika Patel
Knoxville, Tenn., Dec. 2 – Neo Industrial plc priced €10 million of 6% senior secured green bonds due Dec. 6, 2024, according to a Friday press release.
STX Fixed Income BV acted as lead manager, and Aalto Capital acted as financial adviser.
The bonds will be guaranteed by subsidiary Reka Cables Ltd.
Proceeds will be used to finance eligible expenditures.
Neo Industrial specializes in cable manufacturing and is based in Salokunta, Finland.
| Issuer: | Neo Industrial plc
|
| Guarantor: | Reka Cables Ltd.
|
| Securities: | Senior secured green bonds
|
| Amount: | €10 million
|
| Maturity: | Dec. 6, 2024
|
| Coupon: | 6%
|
| Lead manager: | STX Fixed Income BV
|
| Announcement date: | Nov. 29
|
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