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VNV Global Bags EUR150 Million Revolving Facility, Plans Bond Redemption

MT Newswires·09/29/2026 03:26:14
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03:26 AM EDT, 09/29/2026 (MT Newswires) -- VNV Global (VNV.ST) secured a 150 million-euro revolving credit facility from Danske Bank, Swedbank and DNB Sweden, according to a Tuesday release. The investment company plans to use the proceeds to redeem its outstanding senior secured bonds, refinance its existing unutilized revolving credit facility, and invest in growing its vehicle fleet. The planned redemption, which remains subject to the customary conditions for first utilization under the new facility, is expected to be completed on Oct. 19 at 103.375% of the nominal amount plus interest. A conditional notice of early redemption is expected to be issued on the same day.