Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge has advised the arranging banks in connection with Svenska Handelsbanken’s issue of Convertible Additional Tier 1 Capital in the amount of MUSD 500
Mandate

Vinge has advised the arranging banks in connection with Svenska Handelsbanken’s issue of Convertible Additional Tier 1 Capital in the amount of MUSD 500

February 19, 2019 Banking and Finance

Vinge has advised Morgan Stanley & Co. International plc and the other arranging banks consisting of Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, Svenska Handelsbanken AB (publ) and UBS Limited in respect of Swedish law in connection with Svenska Handelsbanken’s issue of Additional Tier 1 bonds in the amount of approximately MUSD 500.

The bonds are perpetual instruments without a final maturity date, without the right of premature redemption during the first five years and with an automatic conversion to class A shares in the event that the bank’s core equity capital falls below a certain level. 

The issue will strengthen the bank’s core equity capital by 0.6 points. The issue will be subscribed and allocated to the arranging banks on 22 February 2019. 

The bonds will be listed on Euronext Dublin. 

Vinge’s team consisted of Mikael Ståhl, Josefine Larsson, Malte Hedlund and Paulina Malmberg.
 

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