Born has acted as legal adviser to the listed company Catena AB (publ) in connection with its directed share issue. Through the issue, the company is issuing just above 6 million new shares, raising proceeds of SEK 2 752 million.
The proceeds are intended to finance a contemplated portfolio acquisition and to support the ongoing development pipeline and to capture further opportunities in Finland, Sweden and Denmark.

The share issue was carried out through an accelerated bookbuilding process, at a discount of 3.2 percent compared to the volume-weighted average share price over the ten trading days preceding the transaction. The issue was subscribed for by institutional investors and existing major shareholders, and results in a dilution effect of approximately 9.09 percent based on the total number of shares in Catena following the issue.

Further information regarding the share issue is available on Catenas website.