Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises J.P. Morgan on connection with SAS’s SEK 1.60 billion convertible bonds issue
Mandate

Vinge advises J.P. Morgan on connection with SAS’s SEK 1.60 billion convertible bonds issue

March 22, 2010

Vinge has advised J.P. Morgan Securities Ltd (”J.P. Morgan”) with respect to Swedish law matters in connection with SAS AB’s (publ) SEK 1.60 billion directed issue of convertible bonds. J.P. Morgan is acting as sole bookrunner with respect to the issue. The bonds have been marketed principally to European institutional investors who have specialized knowledge of such instruments. Assuming that various conditions are met, among others that SAS’s annual general meeting authorizes the board of directors to resolve on an issue of convertibles and that the annual general meeting approves the previously announced rights issue, the bonds may be converted into ordinary shares.

Vinge’s team consisted of Rikard Stenberg, Johan Thiman and Mattias Schömer.

Related

Vinge has advised SBB and Sveafastigheter in connection with an exchange offer

 Vinge has advised Samhällsbyggnadsbolaget i Norden AB (SBB) and Sveafastigheter AB in connection with an exchange offer directed to investors in SBB’s outstanding bonds, whereby investors exchanged senior and hybrid bonds in SBB for new senior bonds issued in Sveafastigheter AB. The existing bonds were partly issued under SBB’s EMTN programme, partly on a standalone basis. Following the transaction, the investors have been slotted in under Swedish bond terms on a standalone basis.
July 09, 2024

Vinge advises Polar Structure AB in connection with its issuance of EUR 81 million senior secured notes through a majority owned subsidiary

 Vinge advises Polar Structure AB, a leading developer and owner of infrastructure, in connection with its issuance of EUR 81 million senior secured notes through a majority owned subsidiary. The proceeds will be used to finance the construction of a railway outside Boden, which will connect the existing iron ore line (Sw. Malmbanan) with H2 Green Steel’s new facility for large-scale production of green steel at Boden Industrial Park.
July 04, 2024

Vinge advises Bergs Timber AB (publ) and Bitus A

 Vinge advises Bergs Timber AB (publ) and Bitus AB in connection with the divestment of the Fågelfors pellets business to J. Rettenmeier & Söhne. The Fågelfors pellets factory is based in Fågelfors in Högsby. The acquisition is subject to customary regulatory approvals.
July 03, 2024