30 June 2020
Gernandt & Danielsson advises in ALM Equity AB’s issue of corporate bonds
Gernandt & Danielsson advises in Alm Equity AB’s (publ) (the “Company”) issue of corporate bonds in a total amount of SEK 600 million with a tenor of 3.5 years. The proceeds from the bond issue will be applied towards general corporate purposes and the Company intends to apply for admission of trading of the bonds at the corporate bond list of Nasdaq Stockholm. The Company has, in connection with the issue of bonds, repurchased a total of SEK 200 million of the Company’s outstanding bonds.
The Company develops and invests in companies in the real estate sector within five business areas through independent subsidiaries and brands. The Company’s ordinary and preference shares are listed at NASDAQ First North Growth Market.
Gernandt & Danielsson has advised the Company with a team consisting of Partner Mikael Borg, Counsel Adrian Della Morte Pålstam, Senior Associate Philip Rämsell as well as Associates Camilla Hedner and Josefin Törnlöf.