Enity Holding AB (publ) lists on Nasdaq Stockholm

On 13 June 2025, Enity Holding AB (publ) (“Enity”) was listed on Nasdaq Stockholm.

The offering price amounted to SEK 57 per share, corresponding to a market value for all outstanding shares in the company of SEK 2,850 million. The total value of the offering, assuming that the overallotment option of up to 15 per cent is exercised in full, amounts to SEK 1,672 million, representing approximately 58.7 per cent of the total number of shares and votes in Enity. The shares were offered by Butterfly Holdco Pte Limited, which is indirectly controlled by EQT VII. The offering comprised an offering to the general public in Sweden and Finland, as well as an offering to institutional investors in Sweden and abroad.

Enity is a specialist mortgage provider operating in the Nordic region, creating innovative and inclusive mortgage solutions for approximately 33,000 customers across Sweden, Norway and Finland. Enity commenced operations in 2005, with a mission to provide sustainable access to the housing market for the underpenetrated, high-growth segment of borrowers not always well-served by high-street banks, despite low risk and strong potential. Enity has since then grown its fully secured mortgage portfolio across Sweden and Norway, expanded its footprint to Finland, expanded its mortgage-focused portfolio with an equity release product and included savings accounts as a part of its product offering, carried out M&A through the acquisition of Bank2 in Norway, and launched a covered bond programme. Enity serves its customers through a differentiated product offering across three brands: Bluestep Bank in all its geographies, Bank2 in Norway and 60plusbanken in Sweden.

Mannheimer Swartling advised Enity and EQT VII on the offering and the listing on Nasdaq Stockholm.