Wistrand advises Golden Heights on SEK 400 million secured bond
Wistrand advises Golden Heights, a holding company of Iduna AB and Kultajousi Oy which operate jewellery retail chains in Sweden and Finland under brands Guldfynd, Hallbergs Guld, Kultajousi and Albrekts Guld, on a SEK 400 million senior secured bond issuance.
The 5 year notes were issued on 18 June 2014 and carry a floating rate coupon (STIBOR + 4,75 per cent.). The proceeds raised from the bond issue is being used for refinancing and general corporate purposes. An application will be made to list the notes on the corporate bond market of NASDAQ OMX.
The Wistrand team comprises partners Mathias Hansson and Martin Wedén and senior associate Kristofer Selvin.
Skandinaviska Enskilda Banken AB (publ) is the sole bookrunner and Krogerus law firm (Mårten Knuts, Tom Fagernäs and Päivi Toivari) advises on the Finnish aspects of the transaction. Mannheimer Swartling advises Skandinaviska Enskilda Banken.
For further information:
Mathias Hansson, partner
E: mathias.hansson@wistrand.se
T: +46 705 11 31 45