SEK 657 000 000 repayment of green senior secured bond

On June 28, Advanced Soltech Sweden AB fully repaid its green senior secured bond SOLT5. Initially issued in January 2019, the approx. SEK 657 000 000 bond issue was the first green bond issue structured by Vinga. Upon its public listing, the bond became the first green bond listing on the Nasdaq First North Sustainable bond market. Using proceeds from the financing, Advanced Soltech has contributed to the construction of more than 250 megawatts of solar energy, reduced climate emissions and created a new solar business model in China. 

As a partner to the Climate Bonds Initiative since 2018, Vinga looks forward to provide more issuers and investors with access to the sustainable markets. If you are looking to finance sustainable projects, please visit vingagroup.com