Gernandt & Danielsson advises in Oscar Properties’ bond issue

Gernandt & Danielsson advises in Oscar Properties’ issue of bonds with a value of SEK 350 million within a framework amount of SEK 500 million.

The real estate development company Oscar Properties Holding AB (publ) has issued Swedish bonds with a value of SEK 350 million with the possibility to issue additional bonds amounting to SEK 150 million.

The issue proceeds shall be used for investments and the issue was a private placement directed to selected Swedish and foreign institutional investors. The company has undertaken to list the bonds at NASDAQ OMX Stockholm.

Gernandt & Danielsson advised the company and its financial adviser Swedbank AB with a team consisting of the Partners Mikael Borg and Krister Skoog as well as Senior Associate Fredrik Eklund and Associate Marcus Karner.