8 December 2020

Gernandt & Danielsson advises in ALM Equity’s issue of corporate bonds and its redemption of existing bonds

Gernandt & Danielsson advises ALM Equity AB (publ) (the “Company”) in its issue of corporate bonds in a total amount of SEK 600 million, issued within a total framework amount of SEK 700 million. The proceeds from the bond issue will be applied towards redemption of the Company’s outstanding bonds and general corporate purposes. The Company intends to apply for admission of trading of the bonds at the corporate bond list of Nasdaq Stockholm. Gernandt & Danielsson also advises in the Company’s redemption of its existing bonds.

The Company develops and invests in companies in the real estate sector within five business areas through independent subsidiaries and brands. The Company’s ordinary and preference shares are listed at Nasdaq First North Growth Market.

Gernandt & Danielsson has advised the Company with a team consisting of Partner Mikael Borg, Counsel Adrian Della Morte Pålstam, Senior Associate Pierre Olsson and Associate Josefin Törnlöf.