Fastned B.V. has agreed to raise EUR 17.82 million (USD 20 million) in private placement of bonds due 2025. The total bonds to be raised are EUR 30 million (USD 33.67 million) out of which EUR 17.82 million (USD 20 million) bonds are to be issued. The rate of interest is 6% per annum and the interest will be paid on 21st of every quarter upto 2025. The bonds will carry an interest rate of 6% per annum and will mature on July 21, 2025.