Frankfurt am Main, June 9, 2022 - SDG INVESTMENTS GmbH acted as exclusive advisor to TIER Mobility-owned nextbike GmbH (nextbike), Leipzig, in a multi-country asset-based financing transaction. The debt is secured against receivables from long-term concessions with 15+ European cities and has been provided by a prominent European-based sustainability investor. nextbike will use the proceeds of the transaction to cover capital-expenditure needs for the provision of bike-sharing infrastructure while reducing its cost structure to further strengthen their market position in Germany and Europe.

As the European market leader in bike-sharing, nextbike provides a full-service solution to municipalities and public transport companies looking for a sustainable inner-city transport option to reduce motorised traffic and greenhouse emissions, as well as improving air quality.

Following the successful placement of corporate bonds in the past, this has been the fourth transaction SDG INVESTMENTS has arranged for nextbike over the last five years. It also demonstrates the success of SDG INVESTMENTS’ mission to make the United Nations Sustainable Development Goals investable.

With its sustainable business model in the field of micro mobility, nextbike supports the following Sustainable Development Goals (SDG):

SDG 3: Good Health and Well-Being

SDG 8: Decent Work and Economic Growth

SDG 11: Sustainable Cities and Communities

SDG 13: Climate Action

About nextbike:

nextbike GmbH is Europe’s market leader in bike sharing. As micro mobility pioneers, they have been developing smart bike sharing schemes since 2004, having established bike sharing systems in over 300 cities worldwide. In November 2021, Europe’s micro-mobility leader TIER Mobility SE (TIER) acquired 100% of the shares of nextbike. Together, TIER and nextbike serve 400 cities with 250,000 vehicles, creating the industry's first truly multi-modal platform across bikes, e-bikes, cargo bikes, e-scooters and e-mopeds.

About SDG INVESTMENTS:

SDG INVESTMENTS® makes the United Nations Sustainable Development Goals (SDGs) investable. As a corporate finance boutique for sustainable finance, SDG INVESTMENTS structures and distributes certified sustainable investments in various solutions and vehicles. In addition, SDG INVESTMENTS® offers the first online matching platform for financing and investment products that are aligned with the SDGs: www.sdg-investments.com.

Contact SDG INVESTMENTS: Dr. Stefan Bund, +49 69 2475 196810, stefan.bund@sdg-investments.com

Contact nextbike: Mareike Rauchhaus, +49 341 3089889-19, rauchhaus@nextbike.com