Dott, the largest micromobility provider in the EMEA region, has successfully completed their inaugural 4-year senior secured bond issue of EUR 70 million, under a framework of EUR 150 million.

The net proceeds from the bond issuance will be applied towards refinancing existing indebtedness, deposit a blocked Escrow account (to finance investments in scooters and bikes) and general corporate purposes.

The transaction attracted strong demand from a broad range of high-quality Nordic and international institutional investors.