Born Advokater has acted as legal advisor to listed Catena AB (publ) in its directed new issue. Through the issue, the company issues just under 5.5 million new shares and adds capital of SEK 3,056 million.
The issue proceeds are intended to be used for Catena’s future expansion by taking advantage of attractive acquisition opportunities and supporting the ongoing development portfolio and potential new project initiatives, including sustainable energy projects.
The issue was carried out through a so-called accelerated book building procedure, and at a modest discount of 0.2 percent in relation to the company’s volume-weighted stock price over the previous ten trading days. The issue was subscribed to by institutional investors and entails a dilution effect of approx. 9.09 percent based on the total number of shares in Catena after the issue.
Responsible from Born:
Responsible partner was Jonas Gombrii, specialist partner Jan Öhgren and associates Jakob Axelsson, Anton Andersson, David Westermark and Ludvig Filhm.