Practice Areas - Debt Capital Markets Law Firms and Lawyers
Deal Date: | 05-04-2017 | Practice Area: | Debt Capital Markets |
Deal Title: | Arise AB (publ) Issuance of Convertible Bonds due 2022 | Industry: | Alternative Energy |
Description: |
Setterwalls advised Arise AB (publ) in connection with a rights issue of convertible bonds with preferential rights for existing shareholders of SEK 245 million.
The convertible bonds were traded on Nasdaq Stockholm and could be converted into new ordinary shares in Arise at a conversion price of SEK 22. The convertible bonds would run until March 31, 2022 with a coupon rate of 5.75 per cent.
Arise is one of the leading operators on the Nordic wind power market, with a business concept to develop, build and operate onshore wind power on its own, as well as for customers.
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Financial Center: | Stockholm | Value: | 0.00-100.00 |
Advised Party: | Issuer | Law Firm | Setterwalls |
Issuer Jurisdiction: | Sweden | Listing Jurisdiction: | Sweden |
Classification: |
Equity-Linked Securities |
Lawyer | Jonas Frii |