Gernandt & Danielsson has advised Seafire AB (publ) in its issue of additional bonds in an amount of SEK 100 million under the company’s outstanding up to SEK 300 million senior secured bonds with ISIN SE0015245758, maturing in March 2024. The outstanding amount under the bond loan following the bond issue amounts to SEK 300 million. The net proceeds will be applied towards general corporate purposes including capital expenditures, acquisitions and earn-out payments. The company intends to have the bonds admitted to trading at the corporate bond list of Nasdaq Stockholm.

Seafire is a group of companies within the business segments industry, trading and services, investing in and developing small and medium sized businesses in Sweden. The company has a portfolio comprising of eight companies and focuses on investing in profitable, smaller companies with growth opportunities. The company’s shares are since 2019 listed at Nasdaq First North Growth Market under the ticker SEAF.

Gernandt & Danielsson has advised Seafire with a team consisting of partner Mikael Borg together with associates Camilla Hedner and Jakob Forsell. Pareto Securities AB has acted as financial advisor to Seafire.