On June 28th, Neutral Fuels LLC listed its $12mUSD 8.25% Fixed Rate Notes due 2024 on Euronext Dublin.
Neutral Fuels converts waste cooking oils and fats into European standard EN14214 compliant biofuel — which customers such as McDonald's and Nestlé then use to power delivery vehicles and machinery.
This bond will fund the expansion of Neutral Fuels LLC in the UAE, Middle East, Asia and Africa and to build and operate a number of modular-based biodiesel production plants.
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