November 28, 2024
Energifonden Sverige 3 AB (publ)'s offering regarding Bonds 2024/2029 has been oversubscribed. The board of directors decides on an over-allotment of up to SEK 7 million.
On November 3, 2024, the board of directors of Energifonden Sverige AB (“Energifonden”) decided to issue two offers for subscription of bonds. One offer, issued by Energifonden Sverige 1 AB (publ), includes a fixed-interest bond with a maturity of 3 years and offers investors a fixed annual interest rate of 7 percent (“Bond 2024/2027”). The second offer, issued by Energifonden Sverige 3 AB (publ), includes a fixed-interest bond with a maturity of 5 years and offers a fixed annual interest rate of 9 percent (“Bond 2024/2029”). The size of each offer was initially set at SEK 15 million.
During the subscription period, which runs until 29 November 2024, the great interest from the public has resulted in the Bond 2024/2029 being oversubscribed. In order to give more investors the opportunity to take part in the offering regarding Bond 2024/2029, the board of directors has decided to expand this offering with an over-allotment of SEK 7 million. Thus, the nominal amount that the offering can raise is increased from SEK 15 million to SEK 22 million.
Due to the above, the bond terms have been updated to take into account the over-allotment.
Fredrik Johansson
CEO Energifonden Sverige AB