Titania: Issue of Sustainable Bonds with Gernandt & Danielsson's Expertise
Deal News | Nov 21, 2024 | Gernandt & Danielsson Advokatbyr
Gernandt & Danielsson Advokatbyr has advised Titania Holding AB, a Stockholm-based property company, in its issuance of sustainable corporate bonds amounting to SEK 250 million under a framework totaling SEK 1,000 million. As a company focused on the self-development of housing and urban projects in the Stockholm area, Titania is seeking to list these bonds on Nasdaq Stockholm's sustainable bond list. The legal advisory team from Gernandt & Danielsson is led by partners Mikael Borg and Mikael Bolling, supported by associates Jonathan Antonsson and Erik Karlsson. Meanwhile, Arctic Securities played the role of financial advisor for Titania.
Sectors
- Real Estate
- Financial Services
- Legal Services
Geography
- Sweden – The article is centered around Titania, a company operating in the Stockholm region of Sweden, and their activities which involve Swedish markets such as Nasdaq Stockholm.
Industry
- Real Estate – Titania is a property company focusing on housing development and urban projects, which falls under the Real Estate industry.
- Financial Services – The issuance of bonds, particularly sustainable bonds, involves financial services, underscored by the roles played by Arctic Securities and Nasdaq Stockholm.
- Legal Services – Gernandt & Danielsson Advokatbyr provided legal advice for the sustainable bond issuance, representing the Legal Services sector.
Financials
- SEK 250 million – The amount raised by Titania through the issuance of sustainable bonds.
- SEK 1,000 million – The total framework amount for Titania's bond issuance.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Titania Holding AB | Target Company | Company | A publicly listed property company based in Stockholm, focused on self-development of housing and urban projects. |
| Gernandt & Danielsson Advokatbyr | Legal Advisor | Company | A legal firm advising Titania on the issuance of sustainable bonds. |
| Arctic Securities | Financial Advisor | Company | Provided financial advisory services for Titania's bond issuance. |
| Nasdaq Stockholm | Stock Exchange | Company | The exchange where Titania intends to list its sustainable bonds. |