Cirio advises Besqab with its 825 million fully secured preferential rights issue

Cirio acts as legal adviser to Besqab AB (publ) in connection with its fully secured preferential rights issue of approximately SEK 825 million. The rights issue is subject to approval by an extraordinary general meeting, to be held on March 29, 2023. The net proceeds from the rights issue are intended to be used for an early redemption of the company’s senior unsecured bonds of a total of SEK 800 million, due on May 14, 2024.

Cirio’s team is headed by Maria Arnoldsson, Head of Capital Markets and public M&A, and Magnus Björkander, Head of Real Estate, with the assistance of Sebastian Iso-Kamula, Julia Alander, Fredrik Billing, Martin Näslund (Capital markets and public M&A), Tove Bergman Olsson, Ina Laurell, Zacharias Thyrén (Real Estate), Dennis Luttropp Hansson, Alexandra Linusson, Christoffer Isaksson (Banking and finance) and Hanna Tilus (IP).

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