Gernandt & Danielsson advises Genova Property Group AB (publ) (“Genova”) in connection with its initiation of a programme regarding buy-back of own ordinary shares.
Gernandt & Danielsson has advised the Joint Global Coordinators and Joint Bookrunners, ABG Sundal Collier AB, Nordea Bank Abp, filial i Sverige and Swedbank AB (publ), in connection with the SEK 1.56 billion (excluding the overallotment option) initial public offering (IPO) of existing and newly issued shares in and listing of Prisma Properties AB (publ) on Nasdaq Stockholm in Q2 2024.
As of 1 June 2024, Magnus Lidman and Anna Eriksson are joining Gernandt & Danielsson as partners. Magnus and Anna join from Linklaters where they have led the real estate transactions team. Magnus and Anna are bringing a team of five associates; Johan Tivéus Kronlund, Viktor Rytter, Lovisa Swahn, David Carlson and Rebecka Ljung.
Gernandt & Danielsson has advised Genova Property Group AB (publ) in connection with an directed issue of senior unsecured convertible bonds through an accelerated book building procedure, raising MSEK 200. The investors in the issue of convertible bonds consist of a number of institutional investors. Genova will apply for admission to trading of the convertible bonds on Nasdaq Stockholm.
Viaplay Group has carried out a comprehensive recapitalisation programme comprising a SEK 3.1 billion directed share issue, a SEK 0.9 billion rights issue, a restructuring of debt obligations of SEK 2 billion by way of a write-down and debt-to-equity swap as well as amendments and extensions of existing bank and bond commitments totalling SEK 14.6 billion.
The Board of the Association for Generally Accepted Principles in the Securities Market has appointed a new Chairman and four new members to the Swedish Securities Council. Partner Fredrik Palm is one of the new members as of 1 January 2024.
Gernandt & Danielsson has advised Betsson AB (publ) ("Betsson") in its issue of corporate bonds in a total amount of EUR 75 million.
Gernandt & Danielsson har biträtt Betsson AB (publ) ("Betsson") vid dess emission av företagsobligationer till ett sammanlagt belopp om 75 miljoner EUR.
Gernandt & Danielsson has advised TF Bank AB (publ) (“TF Bank”) in its issue of Additional Tier 1 bonds in a total amount of SEK 150 million. The net proceeds will be applied towards general corporate purposes.
Gernandt & Danielsson has advised Goldman Sachs Bank Europe SE, Nordea Bank Abp, filial i Sverige, Skandinaviska Enskilda Banken AB and Swedbank AB (publ) in connection with a private placement of shares in Embracer Group AB through a directed new share issue of SEK 2 billion. Investors in the share issue included Swedish and international institutional investors.
Gernandt & Danielsson has appointed Erika Olofsson and Daniel McKiernan as counsels.
On 30 June 2023, a bid consortium including, among others, Legacy Capital, acting through IR Holding Bidco Inc., announced a public cash offer to the shareholders of IRRAS AB (publ). The shares in IRRAS are listed on Nasdaq Stockholm.
Gernandt & Danielsson has advised Storskogen Group AB’s (publ) (“Storskogen") in connection with an issue of corporate bonds in a total amount of SEK 2 billion. Storskogen will apply for admission to trading of the bonds on Nasdaq Stockholm.
Gernandt & Danielsson has advised ADDvise Group AB’s (publ) (“ADDvise") in connection with an issue of corporate bonds in a total amount of SEK 1 billion and with ADDvise’s internal reorganisation which was carried out in connection with the issuing of the corporate bonds.
Gernandt & Danielsson advises Humble Group AB (publ) on its private placement of shares in the company by a directed new share issue of MSEK 875 and its entry into loan commitments for a new credit facilities agreement of MSEK 1,650 with the option to increase the loan amount by MSEK 300.
Gernandt & Danielsson has advised Fastighets Aktiebolaget Trianon (publ) (”Trianon”) in connection with an issue of sustainable bonds in a total amount of SEK 150 million with a total framework amount of SEK 500 million.
Gernandt & Danielsson has advised ICA Gruppen AB (publ) (”ICA”) in connection with an issue of four series of green bonds in a total amount of SEK 3.5 billion under ICA’s MTN programme.
Gernandt & Danielsson has advised Svenska Nyttobostäder AB (publ) (”Svenska Nyttobostäder”) in connection with a restructuring of the capital structure and thereto related matters.
Gernandt & Danielsson advised Seafire AB (publ) in connection with the listing of the company’s shares on Nasdaq Stockholm’s main market. The shares have previously been listed on Nasdaq First North Growth Market.
Gernandt & Danielsson has advised Swedish Electromagnet Invest AB (publ) (“SEM”) in a restructuring of SEM’s outstanding SEK 350 million senior secured bonds.