22 November 2013

Gernandt & Danielsson advises in Byggmästare Anders J Ahlströms bond issue

Gernandt & Danielsson advises in Byggmästare Anders J Ahlströms issue of bonds at a value of SEK 200 million.

The real estate investment company Byggmästare Anders J Ahlström Fastighets AB (publ) has issued bonds at a value of SEK 200 million. The bonds were issued as part of the financing for an indirect acquisition of several council estate properties located in Alby south of Stockholm. The Seller was a wholly owned subsidiary of Botkyrka council. The issue of bonds was made through private placement and was secured by a pledge over all of the issued shares in the issuer. The bonds will be listed on NASDAQ OMX Stockholm First North.

Gernandt & Danielsson were acting for Pareto Securities AB with a team consisting of partner Mikael Borg and associates Daniel Gutman, Sofie Viktorsson, Fredrik Eklund and Fredrik Francke-Rydén.

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