Vinge advises in Stendörren’s issuance of a new senior unsecured bond in an amount of SEK 700,000,000 within a framework amount of SEK 1,000,000,000 and in Stendörren’s repurchase of its existing senior unsecured bonds.
The new bonds have a tenor of 3.25 years and carries a floating rate interest of 3 months STIBOR plus 365 basis points. In accordance with the terms and conditions, the new bonds are intended to be listed on the corporate bond list of Nasdaq Stockholm. Nordea Bank Abp and Swedbank AB (publ) acted as arrangers, bookrunners and dealer managers in connection with the transaction. Swedbank AB (publ) also acted as issuing agent.
Vinge’s team consisted of Louise Brorsson Salomon, Lionardo Ojeda and Hannes Pettersson.