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 4,660,344 new shares, raising proceeds of SEK 2,097,000,000.
The proceeds are intended to support Catena’s future expansion through acquisition opportunities, ongoing development projects, and new initiatives, including sustainable energy projects.
The share issue was carried out through an accelerated bookbuilding process, at a discount of approximately 2.3 percent compared to the company’s share price. The issue results in a dilution effect of approximately 8.5 percent.