German group PNE Wind plans to place a corporate bond of around €50m ($61m) to finance its 200MW wind farm portfolio.
In addition to wind farms financing, the proceeds are due to finance investments meant to expand the company’s value chain as well as financing the repayment of the 2013/2018 bond, which is due on 1 June, PNE said.
The corporate bond, which will be issued in bonds with a nominal value of €1,000 each, has a term from 2 May, 2018 to 2 May, 2023.
