ABG Sundal Collier acted as Sole Debt Advisor and Manager for Øyfjellet’s issuance of 24-year EUR 235m senior notes and 5-year EUR 80m green bonds

Øyfjellet Wind AS has successfully raised EUR 235 million in senior secured notes with 24 years’ tenor and a fixed coupon of 2.1%. The notes are rated investment grade by an ESMA & SEC certified rating agency and were subscribed for by a club of international investors. In addition, EUR 80 million in senior secured Nordic green bonds with 5 years’ tenor and a fixed coupon of 2.75% was successfully raised in Øyfjellet Wind Investment AS, the holding company of Øyfjellet Wind. The Nordic bond issue is rated Dark Green by CICERO with an Excellent governance score, and during the three-day virtual roadshow the company met with more than 50 institutional investors. The net proceeds from both debt instruments will be used to part finance the construction of Øyfjellet Wind Park, which upon completion will be Norway’s largest wind farm.