The bond offering by Hancap AB has been successfully completed with a total volume of approximately SEK 335 m and with a placement of bonds in 3 tranches: SEK, NOK and USD. JOOL Markets AS acted as financial advisor and placed the bond issue that attracted a lot of interest. The 3-year term bond has an interest of 10 % p.a. with quarterly payments and the intention is that the bond will be listed on Nasdaq First North Bond Market. The bond´s security consists of share pledges and covenants such as leverage ratio, negative pledge and dividend restrictions.
Roschier Law Firm acted as legal advisors and Intertrust CN (Sweden) AB is appointed as the bond trustee. The bond will be registered through the VPS system.
JOOL Capital Partner AB structures financial products, focusing mainly on corporate bonds and fixed income investments. Headquartered in Gothenburg, Sweden, we are also represented in Stockholm, Oslo, Bergen, Singapore and Abu Dhabi. JOOL is a market leader in the Nordic corporate bond market within the SEK 30–200 million segment. We are a wholesale distributor of alternative investment products with over 100 partners world wide and we are catering global distribution platforms, such as Institutions, Private Banks, IFA's and Family Offices. Through the JOOL Markets AS subsidiary, JOOL is authorized by the Norwegian Financial Service Authority to carry out a broad range of investment services and associated activities in Norway, Sweden, Finland and Germany.