Baker McKenzie legal advisor to DNB Markets, Nordea and Swedbank in the IPO of Netel

On 15 October 2021, Netel Holding AB's shares started trading on Nasdaq Stockholm. The IPO attracted strong interest from Swedish and international institutions as well as the general public in Sweden, Norway and Finland. The price in the offering was SEK 48 per share, corresponding to a total market value of the company of approximately SEK 2.2 billion.

Netel is a full-service specialist in infranet services in Sweden, Norway, Finland and Germany. We provide infranet services within mobile telecom networks, fixed networks and power networks.

DNB Markets and Nordea Bank Abp, filial i Sverige, acted as Joint Global Coordinators and Joint Bookrunners while Swedbank AB acted as Joint Bookrunner. 

Baker McKenzie acted as legal advisor to DNB Markets, Nordea and Swedbank with a Capital markets team consisting of Joakim Falkner, Stefan Balazs, Johanna Flink and Per Blom.