tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cinis Fertilizer Issues Bonds and Seeks Nasdaq Listing

Story Highlights
Cinis Fertilizer Issues Bonds and Seeks Nasdaq Listing

Claim 50% Off TipRanks Premium and Invest with Confidence

Cinis Fertilizer AB ( (SE:CINIS) ) has provided an update.

Cinis Fertilizer AB has issued super senior secured bonds with a fixed interest rate of 10 percent, maturing in August 2027, and is seeking to list these bonds on Nasdaq Stockholm’s Sustainable Bond list. This move is expected to enhance the company’s financial positioning and support its sustainable agricultural initiatives.

More about Cinis Fertilizer AB

Cinis Fertilizer is a Swedish greentech company specializing in the production of environmentally friendly mineral fertilizer, potassium sulfate (SOP). The company utilizes patented technology to recycle residual streams from battery and pulp industries, significantly reducing energy consumption and carbon footprint. Cinis Fertilizer is listed on the First North Growth Market.

Average Trading Volume: 398,455

Technical Sentiment Signal: Sell

Current Market Cap: SEK28.87M

Learn more about CINIS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1