Gernandt & Danielsson has advised in Fortaco Group Holdco Oyj’s (”Fortaco Group") issue of subsequent bonds in a total amount of EUR 25 million under Fortaco Group’s existing bond loan. The proceeds from the bond issue will be used for financing general corporate purposes (including acquisitions and capital expenditure). Fortaco Group will apply for admission to trading of the bonds on the corporate bonds list of Nasdaq Helsinki.

Gernandt & Danielsson’s advisory team consisted of Partner Mikael Borg, Senior Associate Jakob Forsell as well as Associate Erik Schwartz. Pareto Securities has acted as financial advisor to Fortaco Group.