Hofseth has Successfully Issued a EUR 300 Million Senior Secured Green Bond

Hofseth has today achieved a transformational refinancing of its capital structure through the issuance of a EUR 300 million 1st lien senior secured green bond with a 5-year tenor (the "New Bonds") to institutional investors.
The net proceeds from the issuance of the New Bonds will be applied for eligible green projects in accordance with the Company's Green Financing Framework.
This strategic refinancing contributes towards a reduction in the Group’s average interest cost, extends the average maturity of its long-term interest-bearing debt, improves it’s interest...
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