Fastned, which aims to build an extensive European network of fast-charging stations, has raised more than €11 million via the issue of bonds. The proceeds of the issue will be used to facilitate further growth and to expand the network in the Netherlands, Germany, Belgium, and the United Kingdom.
Subscription to the issue of bonds was possible from Thursday, October 11 up to Tuesday, October 30. The bonds pay out 6% interest per annum and have a maturity of 5 years. The interest is paid quarterly in arrears.