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Gernandt & Danielsson advises the investment consortium Euroflorist 2.0 in its issue of bonds

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Gernandt & Danielsson advises the investment consortium Euroflorist 2.0 in its issue of bonds in an amount of SEK 400 million within a total framework amount of SEK 750 million. The purpose of the bonds are to finance the purchase price of the acquisition of Euroflorist from the Swedish venture capital company Litorina as published in a press release on 20 December 2021. Euroflorist 2.0 intends to apply for admission to trading of the bonds at Nasdaq Stockholm's Corporate Bond List.

Euroflorist is a leading European e-commerce platform for flower delivery and add-on products. The company operates in 11 European countries and has offices in Sweden, the United Kingdom, the Netherlands and Poland. Euroflorist has about 165 employees and more than SEK 1.5 billion in revenues.

Gernandt & Danielsson advises Euroflorist 2.0 with a team consisting of partner Mikael Borg as well as counsel Adrian Della Morte Pålstam and senior associate Simon Wetterholm. In addition, ABG Sundal Collier is financial advisors to Euroflorist 2.0.