Conapto has issued bonds to accelerate growth in AI-ready, sustainable data center infrastructure

Conapto has successfully issued inaugural SEK 500 million senior secured bonds. The bond issue generated strong demand from institutional investors, underscoring the market's confidence in Conapto’s business plan and its role in the rapidly evolving digital infrastructure landscape, driven mainly by AI investments.

As demand for AI infrastructure continues to surge, driven by digitalisation and rapid technology innovation, Conapto’s data centers are being designed and built to support high-density workloads and liquid cooling. Through this bond financing, Conapto continues to strengthen its position to meet the growing needs of enterprises deploying AI infrastructure in Sweden and across the Nordics, offering flexible, future-ready data center colocation built to scale with evolving demands.

“Through our continued growth and development of sustainable data center capacity, Conapto is also expanding its contribution to Stockholm’s district heating network by reusing excess heat from our data centers to warm homes and buildings, enabling our data centers to become a valuable asset in the community.” says Håkan Björklund, CEO of Conapto.

Conapto currently operate four data centers in the Stockholm region all powered by 100% renewable energy and connected to the 4 000 km long district heating network.

Conapto Holding AB (publ) (the “Company” or “Conapto”) has successfully issued senior secured bonds of SEK 500 million under a framework of up to SEK 1,000 million and a tenor of three years (the “Bonds”). The Bonds have a floating interest of 3M STIBOR plus 575 basis points per annum. Conapto intends to list the Bonds on the corporate bonds list of Nasdaq Stockholm within 12 months and Nasdaq Transfer Market within 60 days, with the ambition to have the Bonds admitted to trading within 30 days. The net proceeds from the issuance will be used to refinance existing bank debt and for investments in Conapto’s fourth data center.

“The successful issuance of our first bond is a significant milestone for Conapto. The demand for our services and our data centers is strong and constantly increasing and this bond financing will facilitate further growth for Conapto. The strong interest from high-quality Nordic and international institutional investors, resulting in a significantly oversubscribed book, highlights the robustness and quality of Conapto." states Håkan Björklund, CEO of Conapto.

ABG Sundal Collier AB acted as sole arranger in connection to the issuance of the bonds. Vinge Advokatbyrå KB acted as legal counsel.

For more information, please contact:

Håkan Björklund, CEO
+46705590786
hakan.bjorklund@conapto.se