24 August 2017

Gernandt & Danielsson acts as legal advisor in Heimstaden’s issue of additional bonds

Gernandt & Danielsson advises in Heimstaden AB’s (publ) (“Heimstaden”) issue of additional bonds at a total amount of SEK 400 million.

The bonds are issued within a total framework amount of SEK 1,250 million and after the issue the outstanding amount under the bonds amounts to the total framework amount. Heimstaden has undertaken to list the additional bonds on Nasdaq Stockholm.
The proceeds from the bonds issue will be used towards general corporate purposes including acquisitions and value-adding investments in the existing property portfolio.
Gernandt & Danielsson has advised Heimstaden and its financial advisor Carnegie Investment Bank with a team consisting of partner Mikael Borg and senior associate Sofie Viktorsson.