ABG Sundal Collier acted as joint bookrunner to Cinis Fertilizer, a producer of environmentally friendly mineral fertilizer, in connection with their inaugural SEK 550 million green bond issue

Cinis Fertilizer AB (publ), a Swedish listed company producing environmentally friendly mineral fertilizer, potassium sulphate (SOP), in its plant in Örnsköldsvik, has successfully issued inaugural SEK 550 million senior secured green bonds with a tenor of 3 years.
The net proceeds from the bond issue will be used to refinance existing debt and finance general corporate purposes, including investments in accordance with the Green Finance Framework.
The senior secured green bonds will have a coupon of 3m STIBOR + 8.00% p.a. and will be listed on Nasdaq Stockholm.