11 June 2021
Gernandt & Danielsson advises in ALM Equity’s issue of corporate bonds
Gernandt & Danielsson advises ALM Equity AB (publ) (“ALM Equity”) in its issue of corporate bonds in a total amount of SEK 1 billion, issued within a total framework amount of SEK 1,25 billion. The proceeds from the bond issue will be applied towards general corporate purposes, including partial financing of ALM Equity’s acquisition of Järntorget Byggintressenter AB. ALM Equity intends to apply for admission of trading of the bonds at the corporate bond list of Nasdaq Stockholm.
ALM Equity develops and invests in companies in the real estate sector within five business areas through independent subsidiaries and brands. ALM Equity’s ordinary and preference shares are listed at Nasdaq First North Growth Market.
Gernandt & Danielsson has advised the ALM Equity with a team consisting of Partner Mikael Borg, Senior Associate Pierre Olsson and Associates Jakob Forsell and Oscar Wallin.