Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises joint arrangers in connection with Sehlhall Fastigheter's issuance of sustainable bonds and refinancing
Mandate

Vinge advises joint arrangers in connection with Sehlhall Fastigheter's issuance of sustainable bonds and refinancing

March 26, 2024 Banking and Finance

Vinge has advised the joint arrangers in connection with Sehlhall Fastigheter AB's (the "Company") issue of SEK 200 million senior secured sustainable bonds and in connection with the parallel early redemption of existing bonds issued by its subsidiary, Sehlhall Holding AB (the "Subsidiary").

The new bonds carry a floating interest rate of STIBOR 3M + 8,00% and are due in March 2027. The Company intends to apply for admission to trading of the new bonds on Nasdaq Stockholm's list for sustainable bonds.

 

The new bond issuance was subscribed through a repurchase of outstanding bonds issued in the Subsidiary and against cash consideration. The Company’s bond repurchase was effectuated partly by existing bondholders in the Subsidiary paying for the new bonds with their existing bonds and partly by way of issuing subordinated promissory notes.

 

Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) acted as Joint Bookrunners. Swedbank AB (publ) also acted as Sole Structuring Advisor for the Company's sustainability framework.

Vinge's team consisted of Albert Wållgren, Arvid Weimers, Lionardo Ojeda, Felix Möller, August Ahlin and Rebecka Margolin.

Related

Vinge advises Humana in its acquisition of Team Olivia Norge AS

Humana Group ("Humana") strengthens its offering of high-quality care services in Norway as Human Care Holding AS ("Humana Norway") has entered into an agreement to acquire Team Olivia Norge AS for a purchase price of million SEK 341 on a cash- and debt-free basis.
May 17, 2024

Vinge advises Stendörren in connection with issuance of green capital securities and tender offer

 Vinge has advised Stendörren Fastigheter AB in connection with its issuance of green subordinated and perpetual capital securities in an amount of SEK 300 million (within a framework of SEK 400 million) and its parallel tender offer in respect of its previously issued capital securities.
May 17, 2024

Vinge has advised Stockholm Exergi AB in connection with the conclusion of a permanent carbon removal agreement with Microsoft, the world’s largest to date

 Vinge has advised Stockholm Exergi in connection with the conclusion of a permanent carbon removal agreement with Microsoft, covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement is the world’s largest permanent carbon removal deal to date.
May 16, 2024