January 14, 2011 - Assignment

Industrivärden executes directed convertible bond issue

Industrivärden has executed a directed convertible bond issue to raise up to EUR 550 million.

The convertible bonds, marketed principally to European institutional investors, are to be listed and traded on the EuroMTF Market of the Luxembourg Stock Exchange. Subject to Industrivärden shareholder approval, the bonds are convertible into new C shares, which will be listed on NASDAQ OMX Stockholm. Industrivärden is one of the Nordic region’s leading holding companies and listed on NASDAQ OMX Stockholm.

Industrivärden has been advised by Mannheimer Swartling. The firm’s team was led by Eva Hägg and included Emil Boström and Rasmus Fahlén.