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Press release

VNV Global portfolio company Voi issues bonds in the amount of EUR 50 mln

VNV Global


VNV Global AB (publ) (“VNV Global” or the “Company”) portfolio company Voi today announced it has successfully placed EUR 50 mln of senior secured bonds. The bonds carry a four-year tenor and a floating rate interest of 3 months Euribor plus 6.75% per annum. Voi will use the net proceeds from the bond issue to scale its current 110 000 e-scooter and e-bike fleets, refinance its existing debt, and for general corporate purposes.
 
The offering attracted strong demand from large and reputable Nordic and international institutional investors and was significantly oversubscribed.
 
Voi is expecting 2024 to be another record year for rides, revenues and profitability on the back of significantly reduced central costs as well as rapidly improved vehicle gross profit margin.
 
Mathias Hermansson, CFO and Deputy CEO at Voi, said: “The successful bond issuance reflects a strong vote of confidence from professional investors in Voi’s ongoing initiatives and strategic direction, as well as robust support for the company’s continued expansion.”

For more information, please see Voi’s press release through the following link.

For further information please contact:


Björn von Sivers, CFO
Telephone: +46 8 545 015 50
Email: bjorn@vnv.global

About Us


VNV Global brings together patient capital and network effect businesses to achieve the scale that drives profitability over the long term. We are opportunistic investors in business models that build strong moats. The common shares of VNV Global are listed on Nasdaq Stockholm, Mid Cap segment, with the ticker VNV. For more information on VNV Global, visit www.vnv.global.

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VNV Global portfolio company Voi issues bonds in the amount of EUR 50 mln

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