Gernandt & Danielsson advises Samhällsbyggnadsbolaget i Norden AB (publ) on the buy-back and redemption of D shares

Gernandt & Danielsson advises Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) on a buy-back offer directed to all D shareholders and a subsequent mandatory redemption of all D shares. The buy-back offer and the subsequent redemption, which will be subject to the approval of an extraordinary general meeting, aim to strengthen SBB's capital structure.

SBB, which is listed on Nasdaq Stockholm, is an investment company that invests in social infrastructure in the Nordic region. SBB holds significant ownership interests in a number of listed and unlisted companies, and conducts its operations through both direct and indirect management of assets within community service properties and residential real estate.

Gernandt & Danielsson advises SBB with a team consisting of partners Fredrik Palm, Mikael Borg and Gabriel Zsiga, senior associates Mikael Nagy and Amanda Alexandersson as well as associates Jacob Linder, Viktor Lundberg and Elin Törnkvist.