Fastned expands bonds issue to 6 million euro
Amsterdam, 29 November 2017. Due to strong demand for Fastned bonds, the charging company has decided to extend the issue from 3.3 million Euro to 6 million Euro. Subscription to the issue started yesterday and within 24 hours over 3 million Euro had been committed. The bonds pay out 6% interest per annum and have a maturity of 5 years. They offer investors the opportunity to invest in green infrastructure in the fast growing market of e-mobility. The proceeds of the issue will be used to further expand Fastned’s network of fast charging stations.
Subscription to the issue is possible up to 12 December via the website www.fastnedcharging.com/bonds. This is also where the prospectus and other relevant information for investors can be found. After the expansion the issue is limited to 6.000 bonds for a total of 6 million euro.
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Fastned is a charging company that is building a European network of fast charging stations where fully electric vehicles can charge as fast as possible. The stations are located at high traffic locations along highways and in cities, where electric cars can add up to 200 km range in 15 minutes. Fastned's mission is to give freedom to electric drivers and accelerate the transition to sustainable mobility. As of today, Fastned has 109 stations operational in the Netherlands, Germany and the United Kingdom, and is working on expanding its fast charging network to the rest of Europe. Fastned is currently simultaneously building fast charging stations in the Netherlands, Germany and the United Kingdom, and preparing for building its first stations in other countries, with a focus on Belgium, Switzerland and France. Fastned is listed on Euronext Amsterdam. More information: fastnedcharging.com.