Transaction Overview - B2 Impact ASA plans to issue a new senior unsecured floating rate bond with an expected size of EUR 100 million[34] - The bond will have a tenor of 5 years and 4 months[33, 35] - The purpose of the bond issue is for refinancing and/or general corporate purposes[35] - The maximum issue amount for the bond is EUR 350 million[35] Company Performance - B2 Impact ASA is a leading pan-European debt management company specializing in non-performing debt portfolios[34] - The company is listed on the Oslo Stock Exchange with a market capitalization of approximately NOK 65 billion[34] - As of Q2 2025, the total Estimated Remaining Collections (ERC) was NOK 260 billion, with 87% unsecured and 13% secured[44, 58] - The company has revised its investment target for 2025 to NOK 35 – 4 billion[60] - The leverage ratio has reduced to 21x[64] Financial Covenants - The bond will have financial covenants including an interest coverage ratio greater than 30x, a leverage ratio less than 40x, and a secured loan to value less than 65%[35]