ABG Sundal Collier acted as sole financial advisor in connection with the issuance of 6.5-year EUR 81 million senior secured notes by Polar Structure AB

Polar Structure AB, a developer and long-term owner of infrastructure that contributes to a more resilient and sustainable society, has through subsidiaries successfully completed an issue of a fixed-rate loan of EUR 81 million. The loan, which is secured by a mortgage on the railway asset to be built outside of Boden in northern Sweden, has a long-term lease with H2 Green Steel. The railway will connect the existing railway (the Iron Ore Line) with H2 Green Steel’s new facility for large-scale production of green steel at Boden Industrial Park. The transaction enables financing of the railway construction and will further expand the company’s asset portfolio.