Gernandt & Danielsson advised in Heimstaden AB’s (publ) issue of capital securities in an amount of EUR 300 million.

The proceeds from the issue is intended to be applied towards refinancing of a bridge financing facility in respect of the acquisition of certain property portfolios from Akelius and for general corporate purposes.

Heimstaden has undertaken to list the new capital securities on the corporate bond list of Nasdaq Stockholm.

Gernandt & Danielsson advised the company with a team consisting of partners Mikael Borg and Sofie Viktorsson, senior associate Mikael Bolling and associate Sebastian Sandén.