Mandate

Vinge advises Studentbostäder i Norden AB (publ) in connection with its rights issue and written procedure in relation to its notes

Vinge is advising Studentbostäder i Norden AB (publ), a real estate company whose shares are listed on Nasdaq First North Premier Growth Market, in connection with a fully guaranteed rights issue amounting to a total of SEK 331 million before deduction of transaction costs and the amendments to the terms and conditions of the company’s outstanding green 2021/2024 notes with ISIN SE0015960802 (the “Notes”) by way of a written procedure.

The new shares issued by reason of the rights issue are expected to be admitted to trading on Nasdaq First North Premier Growth Market during week 45, 2023.

The amendments to the terms and conditions of the Notes included, among other things, an extension of the final maturity date to 15 November 2026, an amendment of the interest rate to a fixed PIK interest and a new undertaking for the company to partly amortise the Notes.

Studentbostäder I Norden AB (publ) owns, manages and develops student housing in long term partnerships with municipalities, counties and universities. The company’s shares are listed in Sweden on Nasdaq First North Premier Growth Market under the ticker STUDBO.

Vinge’s team consists of Jesper Schönbeck, Joel Wahlberg, Benjamin Vafaeian, Gabriel Chabo and Alexander Rüdén (Capital Markets and Public M&A), Mikael Ståhl, Lionardo Ojeda, Felix Möller and August Ahlin (Banking and Finance).

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