ABGSC acted as joint bookrunner in the SEK 175 million directed issue of series B shares in K2A Knaust & Andersson Fastigheter AB

On Monday 13 January, K2A Knaust & Andersson Fastigheter AB (“K2A”) announced the successful completion of a directed issue of c. 1m series B shares at a subscription price of SEK 169, raising gross proceeds of SEK 175m. The subscription price was determined in an accelerated book building process and corresponds to a premium of 1.3% in relation to the previous closing price. The transaction marks the third time ABGSC raises capital for K2A in less than one year; two similar transactions in which K2A issued preference shares for a total value of SEK 191m were carried out in 2019.