Vinga Group acted as advisor in connection with the SEK 65 million Hybrid Bond issue for Patriam
Mars 20, 2024
The transaction marks the first Hybrid Bond structured by Vinga Corporate Finance, and was well received by the market.
Patriam is an experienced real estate developer focusing on attractive locations with underlying market demand in the Stockholm metropolitan area.
Issued through the indirect subsidiary Patriam Kungsholmen AB, the Subordinated Perpetual Callable Fixed Rate Capital Security issue was completed in order to finance the acquisition of Fågelbärsträdet 12 on Kungsholmen, Stockholm.
Vinga Corporate Finance acted as corporate finance advisor, and Roschier Advokatbyrå AB acted as legal corporate finance advisor. The bonds will be registered through Euroclear Sweden.