Article
ABGSC acted as bookrunner and green bond advisor for momox in connection with the EUR 100m senior secured green bond issue
Transactions
Verdane, a renowned Nordic PE sponsor, has signed an SPA to acquire additional 29.5% of shares in momox GmbH. The acquisition will be fully financed by a EUR 100m green bond financing. The bond issue is rated medium green by CICERO and it is the first European LBO bond issue with a green rating. A virtual fixed income roadshow commenced where momox management met with more than 100 fixed income investors. The bond issue received strong demand from high quality institutional investors globally and the transaction was substantially over-subscribed. The senior secured bond issue will have a coupon of 3 month Euribor plus 6.25% p.a. and will be listed on Frankfurt Open Market and Oslo Børs