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Swedish micromobility company Voi secures €150 million RCF to redeem outstanding bonds and scale its fleet

Voi Technology has secured a €150 million revolving credit facility to redeem outstanding bonds and strategically scale its fleet of e-scooters and e-bikes. This move highlights Voi’s financial development and strategy for sustainable growth.

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Voi Technology has secured a €150 million revolving credit facility from three Nordic banks, including Danske Bank, Swedbank, and DNB Sweden. This facility aims to redeem outstanding bonds and support the scaling of Voi's e-scooter and e-bike fleet across Europe.

The new facility is considered a significant milestone in Voi's financial development, enabling more flexible and cost-efficient financing options. According to CFO Mathias Hermansson, this funding follows strong cash flow generation over the past years and highlights the continued support of existing banks alongside new input from DNB Bank.

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Swedish micromobility company Voi secures €150 million RCF to redeem outstanding bonds and scale its fleet

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