Amsterdam-based sustainable commodities company Perpetual Next N.V. has decided to redeem its remaining bonds in full, with a portion of the debt being redeemed early. This step is part of the debt reduction program the company has been working on in recent years and in preparation for the planned inflow of institutional growth capital in 2026.

In 2022, Perpetual Next's outstanding bond debt amounted to approximately €35 million. With the early completion of the remaining repayment, Perpetual Next will enter the new year without any bond debt and is virtually free of external financing. The redeemed bonds had a coupon rate starting at 6.5%.

Perpetual Next announced in October that it has once again engaged ING Corporate Finance to raise growth capital, following a successful transaction for Perpetual Next by ING earlier this year. 

Blueprint for biomethanol production

Perpetual Next has been anticipating the rapidly growing global demand for biomethanol in recent years. For example, it is currently rolling out its Biomethanol Blueprint at four production sites in Europe and the United States. This blueprint for large-scale biomethanol production enables rapid, serial scale-up to a commercial scale.

About Perpetual Next

Perpetual Next converts organic waste into high-value, renewable commodities—chiefly biomethanol, the sustainable, drop-in substitute for fossil methanol used in chemicals, plastics, coatings and as a zero-emission marine and road fuel. The company is building a network of large-scale plants in The Netherlands, Estonia and the United States, with additional sites in development, leveraging a standardised technology blueprint to replicate production globally.

Perpetual Next is delivering practical, industrial-scale solutions that cut carbon, close material loops and accelerate the transition to a circular, climate-neutral economy. www.perpetualnext.com