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Mandate

Vinge has advised Pandox in connection with a directed share issue of SEK 2 billion

September 18, 2024

Vinge has advised the hotel property owner Pandox Aktiebolag (publ) in connection with a directed share issue through which the company raises proceeds of approximately SEK 2 billion before transaction costs.

The company intends to use the proceeds to maintain the company’s strong financial position following hotel acquisitions in London and Edinburgh and to increase the company’s financial flexibility for additional property acquisitions and investments in existing properties. The Pandox share is listed on Nasdaq Stockholm.

Vinge’s team consisted of Jesper Schönbeck, Joel Magnusson, Adrian Filipovic and Maximilian Bengtsson.

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