Vinge advises XPartners Samhällsbyggnad AB (“XPartners”) in connection with its SEK 3 billion issuance of senior secured bonds
ABG Sundal Collier AB, Danske Bank A/S, Danmark, Sverige Filial, and Nykredit Bank A/S acted as joint bookrunners. The proceeds from the bond issuance will, pursuant to the terms and conditions of the bonds, be applied towards, amongst other things, refinancing of existing indebtedness and financing of general corporate purposes, including acquisitions and investments. The bonds will, pursuant to the terms and conditions, be admitted to trading on Nasdaq Stockholm’s corporate bond list within 12 months. The bonds have a tenor of four years and were issued at a margin of STIBOR 3m + 550 basis points.
This bond issuance represented the largest senior secured high yield transaction denominated in SEK on the Nordic bond market to date.
Vinge’s team consisted of Mikael Ståhl, Lionardo Ojeda and William Carlberg Johansson.
