Polaris Infrastructure (TSE:PIF) has released an update.
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Polaris Renewable Energy successfully settled a $175 million green bond issue, securing financing for growth and diversifying cash flow. The bonds, rated BB- by S&P Global Ratings, will help refinance debt and fund renewable energy projects including a wind farm in Puerto Rico. The bond issue saw strong interest from international investors, optimizing Polaris’s capital structure.
For further insights into TSE:PIF stock, check out TipRanks’ Stock Analysis page.
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