Gernandt & Danielsson advises in Idun Industrier’s issue of corporate bonds

Gernandt & Danielsson advises in Idun Industrier AB’s (publ) issue of corporate bonds in the amount of SEK 220 million, within a framework of SEK 500 million. The proceeds from the bond issue shall be used towards repayment of previously issued corporate bonds and general corporate purposes. Idun intends to list the bonds on Nasdaq First North.

Idun is a privately owned corporate group that invests in and develops industrial and service businesses, with a long-term horizon. The Idun Group invests in small and medium sized high-quality companies with a base in Sweden, but often with international operations and sales.

Gernandt & Danielsson has advised Idun with a team consisting of partner Mikael Borg, counsel Adrian Della Morte Pålstam and associate Gustaf Hellberg.