ABGSC acted as sole bookrunner for Valerum in connection with the SEK 710 million senior secured bond issue

Valerum, a Swedish real estate company, has successfully completed a SEK 710 million senior secured bond issue. Bond proceeds will be used to part finance an acquisition of a property portfolio comprising 37 commercial and residential properties in southern Sweden. The portfolio is currently owned by a joint venture between Samhällsbyggnadsbolaget i Norden and Property AD and is valued at approx. SEK 1.4 billion.
The bond issue received strong demand from high quality institutional investors in the Nordics and the transaction was substantially oversubscribed resulting in the book closing earlier than planned.