JOOL congratulates Patriam on listing its green bonds on the Nasdaq First North Bond Market
Jul 20, 2022
In May 2022, Patriam issued a floating rate senior secured green bond loan of some SEK 400 million, within a framework of SEK 1500 million, to finance the company’s continued expansion. In accordance with the terms of the bonds, Patriam has applied for a listing of the bonds on Nasdaq First North and the first day of trading is July 20, 2022. JOOL Corporate Finance AB acted as Corporate Finance Advisor in the transaction.
“The listing will help strengthen liquidity in the secondary market, which will benefit both existing and future investors. In addition, we will be able to further develop Patriam thanks to increased visibility in the market. Patriam Lilla Essingen is a very exciting project that fits well into our existing project portfolio and the green financing fits well with our sustainable business and vision”, commented Andreas Holmberg, CEO of Patriam.