Donkey Republic Restructures Debt to Lower Capital Costs
Donkey Republic has completed a debt restructuring aimed at reducing its cost of capital and increasing financial flexibility for future growth. The move follows a recent DKK 75 million capital raise.
Bicycle-sharing company Donkey Republic has finalized a significant debt restructuring designed to lower its cost of capital and provide greater flexibility for financing future fleet expansion. This strategic financial maneuver comes after the company successfully raised DKK 75 million in February 2026.
The restructuring aims to optimize the company's financial conditions to support its long-term objectives, including its 2030 strategy, internally termed "Ride and Do Well." Key components of the new structure include the full repayment of existing debt obligations to EIFO (Danmarks Eksport- og Investeringsfond) by the end of June 2026.
This initiative is expected to enhance the company's ability to secure favorable terms for new financing. The goal is to ensure sufficient capital is available to fuel the planned expansion of Donkey Republic's bike fleet over the coming years.
The company anticipates that these financial adjustments will place it in a stronger position to execute its growth plans and meet its strategic targets through the end of the decade.