January 29, 2010 - Assignment

Industrivärden executes EUR 500 million directed convertible bond issue

Mannheimer Swartling has assisted Industrivärden on legal matters in connection with the directed issue of EUR 500 million in convertible bonds.

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.

Mannheimer Swartling’s team was led by Eva Hägg and included Thomas Pettersson, Patrik Marcelius and Emil Boström.