DKK 200m bond issue for Gefion Group Holdco ApS has been successfully completed with JOOL as advisor

There has been great interest in taking part in Gefion Groups DKK 200m senior secured bond issue, with significant demand by institutional investors. The bond bears a coupon of 10 % p.a. + EURIBOR 3m with quarterly interest payments. Maturity is 36 months plus an extension option of 12 months. The proceeds will primarily be used for the development of the company, Gefion Group’s current project pipeline as well as future projects.

JOOL Corporate Finance acted as Corporate Finance advisor. Roschier Advokatbyrå AB acted as Corporate Finance Legal Advisor as to Swedish Law and Horten Advokatpartnerselskab as to Danish law. Gefion Group was represented by Bruun & Hjejle Advokatpartnerselskab. The bonds are issued 11^th of November and will be registered through Euroclear Sweden.

"The transaction has been very well received amongst investors despite challenging market conditions. JOOL's participation in the transaction and partnership with Gefion, shows our commitment to building long-term relationships with our clients, raising capital and advising them throughout their business cycles." – Tom Olander, CEO JOOL Group

"We are very pleased to have completed this DKK 200m bond issue at an attractive price under the current market conditions. The new bond issue enables us to further grow our business and to develop our pipeline of residential projects and execute on our strategy of providing affordable homes within and around Copenhagen. Also, the new funding enables us to execute on new opportunities that may arise due to the current market situation." – Thomas W. Færch, CEO Gefion Group