Gernandt & Danielsson has advised Magnolia on the deal.
Magnolia Bostad AB announced its issue of green bonds in an amount of SEK 550 million, issued within a total framework amount of SEK 700 million. The bonds are admitted to trading at Nasdaq Stockholm’s sustainable bond list.
In addition, Nordea and Pareto Securities have acted as financial advisors to Magnolia.
Magnolia develops new sustainable properties, including rental apartments and tenant owned apartments, community service properties and hotels, in attractive locations in Sweden’s growth areas and major cities. Magnolia Bostad’s shares are listed on Nasdaq Stockholm.
Gernandt & Danielsson team consisted of Mikael Borg (Picture), Maria Klaesson, Mikael Bolling and Simon Wetterholm.
Involved fees earner: Mikael Bolling – Gernandt & Danielsson Advokatbyrå KB; Mikael Borg – Gernandt & Danielsson Advokatbyrå KB; Maria Klaesson – Gernandt & Danielsson Advokatbyrå KB; Simon Wetterholm – Gernandt & Danielsson Advokatbyrå KB;
Law Firms: Gernandt & Danielsson Advokatbyrå KB;
Clients: Magnolia Bostad;