ABGSC acted as sole manager and bookrunner for Desenio Holding in connection with the SEK 1.1bn acquisition debt financing

Desenio Holding AB (publ), a portfolio company owned by Verdane, has successfully raised a SEK 1.1bn senior secured bond issue to finance the acquisition of Poster Store. Following the acquisition the group will have a total revenue exceeding SEK 1bn and it will be the European market leader within online affordable wall art. The bond issue received strong demand from high quality institutional investors globally and the transaction was substantially over-subscribed. The senior secured bond issue will have a coupon of 3 month Stibor plus 5.5% p.a. and will be listed on Frankfurt Open Market and Nasdaq Stockholm.