Fastned issues over €32.9 million of new bonds, bringing the total of new bonds issued in 2024 to over €60 million
Amsterdam, 24 June 2024. Fastned, the European fast-charging company, has issued €32.9 million of new bonds, with a 6% coupon and a 5-year maturity. Of this amount, €12.3 million came from investors that have extended their investments from earlier tranches. This 15th tranche in the bond programme brings the total outstanding amount of bonds with retail investors to more than €195 million.
“We are proud that, again, many investors have invested in our bonds. Together, we are building a community of over 10,000 bond investors who trust Fastned to drive the transition to electric mobility. With more affordable electric cars coming to the market, more people will have the opportunity to switch to electric driving. Fastned, Europe's second largest fast charging company, is in prime position to deliver the best charging experience to these new electric drivers.” Michiel Langezaal, CEO & Cofounder Fastned.
About Fastned
Fastned is on a mission to accelerate the transition to electric mobility. Since 2012, we’ve been at the forefront of European charging infrastructure development, building and operating a rapidly growing network of iconic fast charging stations. Our yellow, nature inspired stations create a welcoming environment for drivers during the 10-15 minutes it takes to charge up to 300 km of range. By offering Europe’s most reliable, convenient and joyful charging experience, we aim to inspire millions to drive on solar and wind energy so that together we can curb climate change. Fastned is listed at Euronext Amsterdam (AMS: FAST).