ABG Sundal Collier acted as sole bookrunner in the SEK 102 million private placement of new preference shares in NP3 Fastigheter AB

On Wednesday 22 May, NP3 Fastigheter AB (“NP3”) announced the successful completion of a private placement of 3.1m new preference shares at a subscription price of SEK 32.70, raising gross proceeds of SEK 102m. The subscription price was determined in an accelerated book-building process. In connection with the placement, NP3 engaged ABG Sundal Collier as sole bookrunner.
About NP3
NP3 is a real estate company focusing on commercial properties primarily in northern Sweden. As of 31 March 2019, the property portfolio was valued at SEK 10.4bn and included 338 properties within the categories of industrial (34% of rental value), commercial (31% of rental value), offices (17% of rental value), logistics (6% of rental value) and other (12% of rental value). NP3 was founded in 2010 by the main shareholder Lars Göran Bäckvall, CEO Andreas Nelvig and former chairman Rickard Backlund. The company is listed on Nasdaq Stockholm since 2014.