4 February 2021
Gernandt & Danielsson advises in LR Global Holding GmbH’s (publ) issue of corporate bonds
Gernandt & Danielsson advises in LR Global Holding GmbH’s issue of corporate bonds in an amount of EUR 125 million due in 2025. The proceeds from the bond issue will be used to refinance existing debt. The Company intends to list the bonds on the Frankfurt Stock Exchange Open Market and, within twelve months from the issue date, apply for admission to trading of the bonds at the corporate bond list of Nasdaq Stockholm.
LR Global Holding GmbH is one of Europe’s leading direct sales enterprises. The company’s products are mainly centered around health and nutritional supplements as well as hair and skin care.
Gernandt & Danielsson has advised the company with a team consisting of Partner Mikael Borg, Counsel Adrian Della Morte Pålstam, Senior Associate Pierre Olsson and Associate Jakob Forsell.