Voi Technology's EUR 50 Million Bond Issuance Supported by Gernandt & Danielsson
Deal News | Dec 20, 2024 | Gernandt & Danielsson Advokatbyr
Voi Technology AB, a prominent player in the Swedish micromobility sector, has issued corporate bonds amounting to EUR 50 million, part of a larger EUR 125 million framework. The bonds will be listed on the Nasdaq Transfer Market of Nasdaq First North Sweden with plans to also appear on the Nasdaq Stockholm corporate bond list. The legal advisory for this transaction was provided by Gernandt & Danielsson Advokatbyrå, spearheaded by partner Mikael Borg, along with senior associate Jakob Forsell and associate Erik Karlsson. Further financial structuring and arrangement were handled by Carnegie Investment Bank and Pareto Securities acting as joint bookrunners. Voi, headquartered in Stockholm, offers electric scooters and e-bike sharing services across more than 100 cities in 12 countries with over 110,000 vehicles, serving more than eight million users to date.
Sectors
- Micromobility
- Corporate Finance
- Legal Advisory
Geography
- Sweden – Voi Technology is headquartered in Stockholm, Sweden. The bond issuance and its trading on Swedish financial markets situate the transaction within this geography.
Industry
- Micromobility – Voi Technology AB operates in the micromobility sector, offering electric scooter and e-bike sharing, which is central to the article's discussion on bond issuance.
- Corporate Finance – The issuance of corporate bonds is a significant financial event, involving various corporate finance activities such as structuring and marketing of financial instruments.
- Legal Advisory – Gernandt & Danielsson provide legal advisory services for the bond issuance, highlighting this industry's role in structuring and compliance.
Financials
- EUR 50 million – The total amount of corporate bonds issued by Voi Technology within a EUR 125 million framework.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Voi Technology AB | Issuer | Company | Swedish micromobility company that issued EUR 50 million in corporate bonds. |
| Gernandt & Danielsson Advokatbyrå | Legal Advisor | Company | Provided legal advice to Voi during the bond issuance process. |
| Carnegie Investment Bank | Joint Bookrunner | Company | Played a role in managing and marketing the bond issuance process for Voi. |
| Pareto Securities | Joint Bookrunner | Company | Collaborated with Carnegie Investment Bank in the issuance process of Voi's bonds. |
| Mikael Borg | Partner | Person | Lead partner at Gernandt & Danielsson, advising Voi on legal aspects of the bond issuance. |
| Jakob Forsell | Senior Associate | Person | Senior Associate at Gernandt & Danielsson, involved in the bond issuance legal advisory. |
| Erik Karlsson | Associate | Person | Associate at Gernandt & Danielsson, part of the legal team advising Voi. |