Bewi contemplates issuance of new senior secured bonds

Bewi contemplates issuance of new senior secured bonds

Bewi ASA, a Norwegian company, is contemplating the issuance of new senior secured bonds. The company recently completed a private placement raising NOK 896 million, equivalent to EUR 75 million [1]. This funding round is part of the company's strategy to bolster its financial position and explore growth opportunities.

The private placement, which closed on August 20, 2025, involved the issuance of shares in Tranche 1 of the placement. Following the registration of the share capital increase, BEWI's share capital stands at NOK 230,066,748, divided into 230,066,748 shares, each with a par value of NOK 1.00 [1].

The company has also been active in managing its shareholding. On August 21, 2025, BEWI Invest AS lent 21,039,345 shares to DNB Carnegie, a part of DNB Bank ASA, to facilitate the delivery of allocated shares in Tranche 1 of the private placement. Subsequently, DNB Carnegie redelivered these shares to BEWI Invest AS, increasing the latter's shareholding in BEWI to 115,263,441 shares, representing approximately 50.10% of the issued shares and votes [1].

Given these recent developments, BEWI ASA is considering the issuance of new senior secured bonds. This move is likely aimed at diversifying its funding sources and potentially reducing the cost of capital. The company's recent financial activities suggest a strategic focus on maintaining a strong balance sheet and leveraging its financial flexibility to pursue growth opportunities.

References:
[1] Reuters News - Bewi ASA Mandatory Notification of Trade and Disclosure of Large Shareholding - Redelivery of Borrowed Shares in Tranche 1 of the Private Placement. Retrieved from https://www.tradingview.com/news/reuters.com,2025-08-28:newsml_Wkr95xp3c:0-bewi-asa-mandatory-notification-of-trade-and-disclosure-of-large-shareholding-redelivery-of-borrowed-shares-in-tranche-1-of-the-private-placement/