ABG Sundal Collier acted as sole financial advisor and bookrunner in connection with the NOK 1,117 million sale of shares in Höegh Autoliners by Leif Höegh & Co AS

On Tuesday 27 February 2024, Leif Höegh & Co AS announced a sale of 11.5 million shares (6.04% of shares outstanding) in Höegh Autoliners. The transaction was completed as a club deal towards a limited number of high quality investors and priced at NOK 97.00 per share, for a total transaction size of NOK 1,117 million. After the transaction, Leif Höegh & Co AS holds 67,750,000 shares in Höegh Autoliners, representing approximately 35.51% of the company. Leif Höegh & Co AS has entered into a 180-days customary lock-up on the remaining shares.
ABG Sundal Collier acted as sole financial advisor and bookrunner in connection with the transaction.
Since the IPO in November 2021, ABG Sundal Collier has completed a total of five follow-on transactions in Höegh Autoliners and the three most recent transactions in the company have been with ABGSC as exclusive advisor.