11 May 2021
Gernandt & Danielsson advises in DistIT’s issue of corporate bonds as and its repurchase and early redemption of existing bonds
Gernandt & Danielsson advises in DistIT AB (publ)’s (”DistIT”) issue of corporate bonds in an amount of SEK 300 million, issued within a total framework amount of SEK 800 million. The company intends to apply for admission to trading of the bonds on the corporate bond list of Nasdaq Stockholm. Gernandt & Danielsson also advises in DistIT’s repurchase and early redemption of its existing outstanding bonds 2018/2022.
DistIT’s business idea is to acquire, own and develop niche distributors of IT, mobility, consumer electronics, networking and data communication products in Europe. The company’s shares are listed on Nasdaq First North Premier Growth Market.
Gernandt & Danielsson advises with a team consisting of partner Mikael Borg, senior associate Mikael Bolling as well as associates Jonathan Antonsson and Mathilda Wallén. ABG Sundal Collier has acted as financial advisor to the company in connection with the transaction.