14 September 2016

Gernandt & Danielsson advises in Tobin Properties’ issue of subsequent bonds

Gernandt & Danielsson advises in Tobin Properties' issue of subsequent bonds in the amount of SEK 75 million. The bonds are issued within the framework amount of SEK 500 million and the total outstanding nominal amount after the subsequent bond issue will be SEK 300 million. The company has undertaken to list the subsequent bonds on Nasdaq First North Bond Market. The proceeds from the subsequent bond issue shall be used for investments in projects.

Tobin Properties is a real estate development company which acquires and develops real estate, mainly in Stockholm and suburbs of Stockholm.

Gernandt & Danielsson has advised the company and its financial advisors Pareto Securities AB and ABG Sundal Collier AB with a team consisting of Partner Mikael Borg and Associate Maria Klaesson.