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 has advised Scandic on new credit facilities with SEK 7.5 billion credit facilities

Vinge has represented Scandic Hotels Group AB (publ) in connection with a facilities agreement for SEK 7,500,000,000 with a syndicate of banks, arranged by DNB Carnegie Investment Bank AB and Nordea Bank Abp, filial i Sverige.
July 08, 2026

Vinge has advised Vitamin Well and its majority shareholders Cinven, Bridgepoint and the founders on Vitamin Well's combination with EMPWR

Vinge has advised Vitamin Well and its majority shareholders Cinven, the founders of Vitamin Well and Bridgepoint on Vitamin Well's acquisition of EMPWR Nutrition Group from majority seller Waterland Private Equity Investments.
July 03, 2026

Vinge has advised Morrow Bank in connection with its issuances of primary capital instruments (AT1) and tier 2 capital bonds (T2)

The issuances comprised perpetual AT1 bonds of NOK 300 million with a floating coupon of 3-month NIBOR + 425 basis points and a first call date in 2031, as well as subordinated Tier 2 bonds of SEK 200 million with a floating coupon of 3-month STIBOR + 325 basis points and a first call date in 2031. The bonds are intended to be admitted to trading on Nasdaq Stockholm.
July 03, 2026