cbi-news

German's PNE Wind €33.7m private placement completes €100m 8% corporate bond / Reminder: 'Bonds & CC' in Boston, Toronto, NYC next week

Germany's PNE Wind AG has closed a €100m ($134m) 8% corporate bond with a final private placement with institutional investors of €33.7m.

PNE Wind will use the proceeds to expand its activities in offshore wind farm projects and to strengthen its portfolio of national and international onshore projects, especially the 189MW of wind farms they have under development in Germany.