Gernandt & Danielsson advises in Novedo Holding AB’s (publ) issue of bonds
Gernandt & Danielsson advises in Novedo Holding AB’s (publ) (”Novedo) issue of bonds in an amount of SEK 750 million, issued within a total framework amount of SEK 1,500 million. Novedo has undertaken to apply for admission to trading of the bonds on Frankfurt Stock Exchange (Open Market) and within 12 months on the corporate bond list at Nasdaq Stockholm.
Novedo is a privately owned group of companies. Since 2021 it acquires and develops businesses where the entrepreneurs want to sell them but still stay in charge. The ten Novedo companies have 650 employees and a turnover of SEK 1 billion.
Gernandt & Danielsson advises Novedo with a team consisting of partners Mikael Borg and Sofie Viktorsson, senior associate Simon Wetterholm as well as associate Alexander Thörnberg. In addition, ABG Sundal Collier and Pareto Securities have acted as financial advisors to Novedo.