Novedo’s SEK 750 Million Bonds Offering

Gernandt & Danielsson advised Novedo on the deal.

Novedo Holding AB announced the issue of bonds in an amount of SEK 750 million, issued within a total framework amount of SEK 1,500 million. Novedo has undertaken to apply for admission to trading of the bonds on Frankfurt Stock Exchange (Open Market) and within 12 months on the corporate bond list at Nasdaq Stockholm.

Novedo is a privately owned group of companies. Since 2021 it acquires and develops businesses where the entrepreneurs want to sell them but still stay in charge. The ten Novedo companies have 650 employees and a turnover of SEK 1 billion.

In addition, ABG Sundal Collier and Pareto Securities have acted as financial advisors to Novedo.

The Gernandt & Danielsson team consisted of partners Mikael Borg (Picture) and Sofie Viktorsson, senior associate Simon Wetterholm as well as associate Alexander Thörnberg.

Involved fees earner: Mikael Borg – Gernandt & Danielsson Advokatbyrå KB; Alexander Thörnberg – Gernandt & Danielsson Advokatbyrå KB; Sofie Viktorsson – Gernandt & Danielsson Advokatbyrå KB; Simon Wetterholm – Gernandt & Danielsson Advokatbyrå KB;

Law Firms: Gernandt & Danielsson Advokatbyrå KB;

Clients: Novedo AB ;

Federica Tiefenthaler

Author: Federica Tiefenthaler