Article
ABG Sundal Collier acted as Joint Bookrunner for Nyfosa in connection with the SEK 800 million hybrid bond issue, under a framework of SEK 2,000 million
Transactions
Nyfosa AB (“Nyfosa”), a Swedish transaction-based and opportunistic property company, has successfully issued SEK 800 million subordinated perpetual floating rate callable capital securities (“Hybrid Bonds”), under a framework of SEK 2,000 million, which will be listed on Nasdaq Stockholm.
The transaction received strong interest from Nordic and international institutional investors and the books were significantly oversubscribed, allowing for the Hybrid Bonds to be priced at 3m STIBOR + 475bps.