Polar DC raises $900 million in record Nordic bond deal to fund European expansion.
The senior secured bond, issued through PolarDC Finance NO1 AS, is the largest of its kind in the Nordic debt market. It will refinance existing debt and fund two new Norwegian data centres, due online in 2026 and 2027, adding to the renewable-powered capacity LIAN Group helped build from the ground up. Quick flag: this is now Polar's third item in the newsroom (origin story, H.I.G. investment, and now this bond), all building on each other — might be worth sequencing them chronologically on the page (origin → H.I.G. investment Oct 2024 → bond raise) so the narrative reads as a progression rather than three disconnected mentions.
