Aker Horizons ASA Sets the Stage for New Bond Issuance and Investor Engagement
Aker Horizons ASA, headquartered in Fornebu, Norway, is ramping up its efforts to solidify its position in the green finance sector. Recently, the company appointed a team of prestigious financial firms - Arctic Securities, DNB Markets, Nordea as Global Coordinators, with SEB and Danske Bank acting as Joint Lead Bookrunners. This strategic move marks the commencement of a series of fixed income investor meetings beginning on January 9, 2025.
The planned meetings are pivotal as they explore the issuance of a NOK-denominated senior unsecured green bond, anticipated to have a four-year term. However, the issue’s finalization is subject to various market conditions. The funds raised from this bond issuance are intended for qualified projects aligned with Aker Horizons’ green finance framework. These projects are set to include the refinancing of an existing unsecured bond totaling NOK 2,500 million, which is scheduled to mature in August 2025 (ISIN NO0010923220) and is designated as "AKH01."
By leveraging their upcoming bond issues, Aker Horizons aims to bolster its financial foundation while targeting initiatives that prioritize sustainability and a shift towards Net Zero. The company specializes in developing renewable energy and various industrial applications geared towards reducing carbon emissions. Their overarching purpose is to drive global decarbonization efforts, employing a blend of industrial expertise and capital market knowledge derived from their affiliation with the Aker group. With active projects across five continents, this bond issuance can play a massive role in expanding their capabilities in green technology.
Investors keen on understanding Aker Horizons’ financial outlook can access the credit presentation developed for the investor meetings via their official website. This transparency reflects the company’s commitment to maintaining open communication with potential investors regarding its financial health and vision for a sustainable future. Interested parties can engage directly with the company through its Chief Financial Officer, Kristoffer Dahlberg, or the investor relations representative, Stian Andreassen, for further inquiries about the upcoming bond issuance or the company’s green initiatives.
The strategic move towards a green bond issuance is also aligned with Aker Horizons’ mission to accelerate the transition to a more sustainable industrial landscape. As the world faces critical challenges related to climate change, Aker Horizons aspires to be at the forefront of the green revolution, making meaningful contributions through its diverse portfolio of renewable energy projects, carbon capture technologies, and sustainable industrial assets. Positive investor sentiment is crucial for the company's future growth, and these meetings are expected to play a significant role in fostering investor confidence.
In summary, Aker Horizons ASA is setting a precedent in the financial markets by prioritizing investor engagement and green financing through its planned bond issuance. With the backing of reputable financial institutions and an unwavering commitment to sustainability, Aker Horizons is poised to contribute significantly to global environmental efforts while enhancing its competitive edge in the green economy. Investors are keenly watching as Aker Horizons charts a course towards a sustainable financial future and a healthier planet.