Fastned raises €23m to finance further growth

European fast charging company Fatsned has raised nearly €23m with the issue of new bonds. In addition, investors have extended over €7m worth of investments from earlier issues, bringing the total issued amount in this round to nearly €30m. All newly issued bonds will mature in December 2026.

From 10 May to 12 June, investors could subscribe to the bonds with 5% interest and a maturity of 4.5 years. Holders of Fastned bonds bought before April 2019 could extend their investment...