LAHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
In March 2012, Arise AB (publ) issued a three-year senior and unsecured bond of SEK 350 million (ISIN: SE0004518769). Under the terms of the bond, maturing on 23 March 2015, there is an opportunity for early voluntary redemption. The company plans to exercise this right in connection with a refinancing of the bond by issuing a new bond in the Nordic bond market and has appointed ABG Sundal Collier and Swedbank to investigate the possibilities and conditions for such refinancing. Holders of the bonds are requested to contact ABG Sundal Collier or Swedbank for further information.
The planned new bond issue will be labelled as “green”. DNV GL has provided a Second Party Opinion, based on the Green Bond Principles. Although the proceeds are not traceable to specific projects, the bond is assessed as in line with the spirit behind the Green Bond Principles (GBP), which is to “enable capital-raising and investment for new and existing projects with environmental benefits”. Arise is a company whose sole purpose is to develop and own wind farms and as such is dedicated to the realization of environmental benefits, through low-carbon electricity.
Halmstad, 25 August 2014
ARISE AB (publ)
The information contained herein constitutes information which Arise AB is legally required to publish under the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was released for publication at 09.00 a.m. on 25 August 2014.
Arise is one of Sweden's leading companies in onshore wind power. Its business concept is to sell electricity generated at the company's own wind turbines. The company's target is to have 1,000 MW of onshore wind power constructed and under management by 2017, of which 500 MW will remain in the ownership of the company. Arise is listed on NASDAQ OMX Stockholm.
Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)35 20 20 900, corporate id .no. 556274-6726
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