ABG Sundal Collier acted as Joint Global Coordinator and Bookrunner in the SEK 632.5 million directed share issue in NP3

On Tuesday 14 February 2023, NP3 announced the successful completion of a directed share issue of 2.75 million common shares at a price of SEK 230 per share, raising gross proceeds of SEK 632.5 million. The directed share issue was heavily oversubscribed and attracted very strong interest from Swedish and international investors. The price was determined in an accelerated book building process and corresponds to a 5.7% discount versus the closing share price on 14 February 2023.
The share issue was completed to strengthen NP3’s balance sheet which will increase flexibility ahead of upcoming loan maturities in the capital market, to provide possibilities to carry out accretive investments in existing properties and new construction projects and to capitalise on potential acquisition opportunities.
This is the third transaction completed by ABG Sundal Collier in NP3 since 2019, raising gross proceeds of approximately SEK 1 billion. ABG Sundal Collier acted as Joint Global Coordinator and Bookrunner in the transaction.