Aker Horizons ASA Prepares for Potential Green Bond Offerings
Aker Horizons ASA Prepares for Potential Green Bond Offerings
Aker Horizons ASA, dedicated to promoting sustainable energy solutions, is set to host a series of fixed income investor meetings. The Company has appointed leading financial institutions as Global Coordinators and Senior Bookrunners, setting the stage for potential investment opportunities.
Details of the Investor Meetings
Scheduled to kick off soon, these investor meetings will gather financial experts and stakeholders interested in sustainable investment. The anticipated focus is to discuss a NOK denominated senior unsecured green bond issue, which may feature a four-year term. This initiative aligns with Aker's goal to support eligible projects under their green finance framework.
Purpose of the Bond Issue
The proceeds from this prospective bond issue are earmarked for financing eligible activities, primarily aimed at refinancing existing debts. Specifically, there will be focus on refinancing the Company’s current unsecured bond, thereby enhancing financial stability and extending maturity timelines.
Investor Presentation Available
To ensure transparency and provide detailed insights for potential investors, Aker Horizons will distribute a credit investor presentation during the meetings. This document will illuminate the Company’s financial strategies and growth expectations, reflecting their commitment to sustainability and financial accountability.
Company Information and Philosophy
Aker Horizons is at the forefront of driving the global transition to Net Zero emissions, engaging actively in renewable energy initiatives, carbon capture technologies, and sustainable industrial practices. Being part of the larger Aker group, the Company harnesses deep expertise in technology and capital markets to implement sustainable solutions worldwide.
A Global Presence
With operations extending across five continents, Aker Horizons works diligently to innovate and spearhead efforts toward environmental sustainability. Their diverse portfolio is designed not just to meet current market demands but to lay the groundwork for a sustainable future.
Contact Information for Inquiries
For additional inquiries, interested parties are encouraged to reach out to:
Kristoffer Dahlberg
Chief Financial Officer
Tel: +47 91 12 44 75
Stian Andreassen
Investor Relations
Tel: +47 41 64 31 07
Frequently Asked Questions
What is the purpose of the fixed income investor meetings?
The meetings aim to discuss and present a potential green bond issue, emphasizing Aker Horizons’ commitment to sustainable financial practices.
What kind of bond is being discussed?
Aker Horizons is exploring a NOK denominated senior unsecured green bond intended to support its green financing initiatives.
How will the bond issue funds be utilized?
The proceeds are expected to refinance existing bonds and support new green projects under the Company’s sustainability framework.
Who are the appointed banks for the bond issue?
Arctic Securities, DNB Markets, Nordea, SEB, and Danske Bank have been appointed as key financial institutions to facilitate the bond arrangement.
What is Aker Horizons' mission?
Aker Horizons aims to lead the transition to Net Zero through innovation in renewable energy and sustainable industrial projects, enhancing their global footprint.
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