Baker McKenzie advised BNP Paribas and Carnegie on the offering.
Re:NewCell has completed a primary issuance of shares of SEK 324 million to Swedish and international institutional investors, including existing shareholders H&M and Girincubator. The subscription price was determined through an accelerated bookbuilding procedure.
Founded by innovators from Stockholm’s KTH Royal Institute of Technology in 2012, Re:NewCell is a multi-award-winning sustaintech company based in Sweden.
The Baker McKenzie team consisted of Joakim Falkner (Picture), Stefan Balazs, Johanna Flink and Henric Roth in Stockholm, Adam Farlow and Charles Farnsworth in London, as well as Paul DePasquale from the tax team in New York.
Involved fees earner: Stefan Balazs – Baker McKenzie; Paul DePasquale – Baker McKenzie; Joakim Falkner – Baker McKenzie; Adam Farlow – Baker McKenzie; Charles Farnsworth – Baker McKenzie; Johanna Flink – Baker McKenzie; Henric Roth – Baker McKenzie;
Law Firms: Baker McKenzie;