Swedish Logistic Property has carried out a directed new share issue of class B shares of SEK 550 million where the subscription price was set through an accelerated bookbuilding procedure. A number of Swedish and international institutional investors participated in the Share Issue, including Clearance Capital Limited, Fjärde AP-fonden (AP4) and Länsförsäkringar Fondförvaltning.
Swedish Logistic Property is a Swedish property company that acquires, develops, and manages logistic properties with sustainability in focus. Value growth is created through development of the properties which are located in Sweden's most important logistic hubs. The property portfolio comprises a lettable area of approx. 860,000 sq.m.
Danske Bank and Swedbank acted as Joint Global Coordinators and Joint Bookrunners. Baker McKenzie acted as legal advisor to Danske Bank and Swedbank with a capital markets team consisting of among others, Henric Roth, Joakim Falkner, Olof Larsson and Sophie Gidlund.