24 June 2014

Gernandt & Danielsson advises in Akelius’ bond issue

Gernandt & Danielsson advises in Akelius’ issue of corporate bonds amounting to SEK 350 million within a framework amount of SEK 1,500 million.

The residential company Akelius Residential AB (publ) has issued unsecured floating rate corporate bonds amounting to SEK 350 million with the possibility to issue additional bonds amounting to SEK 1,150 million. The issue was conducted through a private placement directed at institutional investors and the company has undertaken to list the bond on NASDAQ OMX Stockholm. 

Gernandt & Danielsson has advised the company and its financial advisors Danske Bank A/S and Swedbank AB (publ), with a team consisting of the partners Mikael Borg and Krister Skoog and the associates Adrian Della Morte Pålstam, Marcus Karner and Jonas Hämälä. 

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