27 August 2020
Gernandt & Danielsson advises in Stockwik Förvaltning AB’s (publ) issue of corporate bonds
Gernandt & Danielsson advises in Stockwik Förvaltning AB:s (publ) (the "Company") issue of corporate bonds in an initial amount of SEK 300 million within a framework of SEK 450 million due in 2023.The proceeds from the bond issue will be used to refinance existing acquisition facilities, finance the acquisition of RUN Communications AB and to finance general corporate purposes. The Company intends to apply for admission to trading of the bonds at the corporate bond list of Nasdaq Stockholm.
The Company provides its shareholders with the opportunity to be partial owners of a portfolio of well-run, stable, profitable, high-quality Swedish companies of smaller size and offers a stable platform for small companies to develop both organically and through complementary acquisitions. The company make long-term investments and acquire companies in order to keep them. The Company's share is traded on Nasdaq Stockholm Small Cap.
Gernandt & Danielsson has advised the Company with a team consisting of Partner Mikael Borg, Counsel Adrian Della Morte Pålstam and Associate Jakob Forsell.