March 27, 2014 - Assignment

Rederi AB TransAtlantic carries out a rights issue

On 19 March 2014, the board of directors of TransAtlantic resolved, subject to approval by the annual general meeting, on a new share issue of approximately SEK 150 million. The rights issue is fully covered through a subscription and guarantee undertaking.

TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg. The company is organized into two business areas; Industrial Shipping and Viking Supply Ships. The company has about 850 employees and the turnover in 2013 was SEK 2,925 million. The company’s B-shares are listed on NASDAQ OMX Stockholm.

TransAtlantic is being advised by Mannheimer Swartling in connection with the rights issue. The firm’s team includes Johan Ljungberg, Emma Olnäs Fors, Nils Nostell, Emelie Thor and Emma Kratz.