Gernandt & Danielsson advises in Akelius’ issue of preference shares

Gernandt & Danielsson advises in Akelius’ issue of preference shares amounting to SEK 1 500 million.

The residential company Akelius Residential Property AB (publ) has resolved to issue preference shares in a total amount of SEK 1 500 million with the possibility to increase the issue to a total amount of SEK 3 000 million. The offer is directed to the public in Sweden and institutional investors. The preference shares of Akelius are listed on NASDAQ OMX First North since June 2014, and Gernandt & Danielsson advised Akelius also in connection with the listing of the preference shares.

Gernandt & Danielsson has advised the company and its financial advisors Danske Bank A/S and Swedbank AB (publ), with a team consisting of the Partners Mikael Borg and Krister Skoog, Senior Associate Pär Johansson and Associates Adrian Della Morte Pålstam and Jonas Hämälä.