28 May 2021
Gernandt & Danielsson has advised Sinch in its directed new share issue through an accelerated book building procedure
Gernandt & Danielsson has advised Sinch in connection with a directed new share issue through an accelerated book building procedure, raising approximately SEK 9.4 billion. The directed new share issue was significantly oversubscribed and a large number of Swedish and international institutional investors participated in the directed new share issue.
Sinch brings businesses and people closer with tools enabling personal engagement and is a trusted software provider to mobile operators worldwide. Its leading cloud communications platform lets businesses reach every mobile phone on the planet in seconds or less, through mobile messaging, voice and video. It is headquartered in Stockholm, Sweden, and has local presence in more than 40 countries.
Gernandt & Danielsson’s team has consisted of Partner Carl Westerberg, Senior Associates Oscar Anderson and Erik Svärd and Associate Matteus Özer.