Okechamp Global BV Successfully Completes €55 Million Senior Secured Bond Issue in Nordic Bond Market.
Okechamp Global BV announced the successful issuance of a €55 million senior secured bond in the Nordic bond market. The bond offering, which drew strong interest and demand from a diverse group of European and Nordic investors, signifies a key step in Okechamp’s long-term financing strategy.
The primary purpose of the bond issue is to refinance existing debt, strengthening Okechamp’s capital structure and enabling the company to focus on future growth.
“We are extremely pleased with the successful completion of our first bond issue in the Nordic market,” said Piotr Pirogowski, CFO Okechamp Global BV.. “Establishing our foothold in the Nordic bond market provides us with stable and long-term debt financing and will enable us to focus on further improving the business going forward. We are grateful for the support and confidence shown by our investors, who recognize the potential of Okechamp and its strategic moment.”
The bond features a four-year tenor with a floating-rate coupon, providing the company with enhanced flexibility to support its operational objectives.
"Our idea was to use this specific form of financing, - rarely used in the Region - which offers flexibility, a relatively quick funding process, and clearly defined information requirements. The completion of the refinancing process stabilizes Okechamp's financial situation and reduces its debt, strengthening our position as a market leader." Piotr Pirogowski added.
This bond issuance represents a milestone in Okechamp’s financial strategy, as the company continues to optimize its capital structure and build momentum toward its long-term goals.
Pareto Securities served as the sole manager for the transaction.
Okechamp Global BV announced the successful issuance of a €55 million senior secured bond in the Nordic bond market. The bond offering, which drew strong interest and demand from a diverse group of European and Nordic investors, signifies a key step in Okechamp’s long-term financing strategy.
Okechamp Global BV announced the successful issuance of a €55 million senior secured bond in the Nordic bond market. The bond offering, which drew strong interest and demand from a diverse group of European and Nordic investors, signifies a key step in Okechamp’s long-term financing strategy.
The primary purpose of the bond issue is to refinance existing debt, strengthening Okechamp’s capital structure and enabling the company to focus on future growth.
“We are extremely pleased with the successful completion of our first bond issue in the Nordic market,” said Piotr Pirogowski, CFO Okechamp Global BV.. “Establishing our foothold in the Nordic bond market provides us with stable and long-term debt financing and will enable us to focus on further improving the business going forward. We are grateful for the support and confidence shown by our investors, who recognize the potential of Okechamp and its strategic moment.”
The bond features a four-year tenor with a floating-rate coupon, providing the company with enhanced flexibility to support its operational objectives.
"Our idea was to use this specific form of financing, - rarely used in the Region - which offers flexibility, a relatively quick funding process, and clearly defined information requirements. The completion of the refinancing process stabilizes Okechamp's financial situation and reduces its debt, strengthening our position as a market leader." Piotr Pirogowski added.
This bond issuance represents a milestone in Okechamp’s financial strategy, as the company continues to optimize its capital structure and build momentum toward its long-term goals.
Pareto Securities served as the sole manager for the transaction.