Polaris renewable energy successfully places usd 175 million bond issue

Toronto, on / accesswire / november 15, 2024 / polaris renewable energy inc. (tsx:pif) ("polaris" or the "company") announces that it has successfully completed a private placement of usd 175 million senior secured green bonds. the bonds will have a tenor of five years and a fixed coupon rate of 9.5% percent per annum, with interest payable in semi-annual instalments.
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