Hannes Snellman Advised NP3 Fastigheter on Its SEK 222 Million Private Placement
17 May 2021
Hannes Snellman advised real estate company NP3 Fastigheter AB, listed on Nasdaq Stockholm, on its directed issue and private placement of 7,050,000 new preference shares to professional and institutional investors. The private placement was carried out through an accelerated book-building process, and it raised proceeds of approximately SEK 222 million before the transaction costs. ABG Sundal Collier AB and Swedbank AB acted as joint global coordinators and bookrunners in the private placement. The new preference shares were admitted to trading on Nasdaq Stockholm using the newly introduced EU Recovery Prospectus.