Rising Stars

Firms To Watch: Capital markets

With notable experience advising on IPOs, rights issuances, directed share issues, and venue listing changes, Gothenburg-based Eric Ehrencrona leads MAQS Advokatbyrå’s capital markets offering, which has experience in regulated and alternative markets.

Capital markets in Sweden

Baker McKenzie

Baker McKenzie’s team in Stockholm has a strong reputation for its equity capital markets expertise, handling a high volume of domestic and cross-border matters, including IPOs, and advising issuers, underwriters, and domestic and international investment banks. Practice head Joakim Falkner represents late-stage private and publicly-traded companies, investment banks, investors, shareholders and sponsors in relation to pre-IPO transactions, IPOs, primary share issuances, and preferential rights offerings, among other matters. Henric Roth has a broad practice, with particular experience in the technology and life sciences sectors. Stefan Balazs works on both the equity and debt side, including in connection with IPOs, preferential rights issuances, bond listings, and MTN programmes.

Responsables de la pratique:

Joakim Falkner


Autres avocats clés:

Henric Roth; Stefan Balazs; Johanna Flink


Les références

‘The Baker team always provide top-tier advice to both their clients and banks.’

‘Joakim Falkner is always reliable and provides top-quality work. Clients can always count on him no matter what the situation.’

‘Henric Roth stands out as one of the most experienced legal advisers within the capital markets field in Stockholm. He has great commercial understanding and communicates well with financial advisers.’

Principaux clients

ABG Sundal Collier


Barclays


Carnegie


Danske Bank


Embracer Group AB


Ferroamp AB


J.P. Morgan


Nordea


Pareto Securities


Pricer


Sdiptech


Skandinaviska Enskilda Banken AB


Swedbank


Van Lanschot Kempen


Xbrane Biopharma AB


Zonda Partners


Bird & Bird

Bird & Bird’s capital markets team in Stockholm specialises in equity-side matters, particularly in the mining and technology spaces. Practice head Ola Lidström acts for issuers, underwriters, shareholders and bidders, and is increasingly active in alternative investment market mandates, concerning small-cap, speculative enterprises listed on the London Stock Exchange. Jan Byström left the firm in May 2023 to join Advokatfirman Lindahl KB.

Responsables de la pratique:

Ola Lidström


Les références

‘Ola Lidström stands out as the key player at the firm.’

‘The team offers a fantastic combination of being professional whilst giving a personal service at the same time.’ 

Principaux clients

Beowulf Mining plc


Eurobattery Minerals AB


Botnia Exploration Holding AB


EnQuest PLC


Leading Edge Materials Corp


Nasdaq Stockholm AB


Greater Than AB


Checkin.com Group AB


Iconovo AB


Nordic Iron Ore AB


CAG Group AB


Cytovac AB


Erik Penser Bank AB


Image Systems AB


Kommuninvest i Sverige AB


Inission AB


Upsales Nordic AB


Seafire AB


Hitech & Development Wireless Sweden Holding AB


Credit Suisse AG


Principaux dossiers


  • Advised Beowulf Mining plc in connection with its SEK85.5m rights issuance of Swedish depositary receipts and a £2.1m Primary Bid offer.
  • Advised Botnia Exploration Holding on issues relating to a convertible debenture to Norrlandsfonden and a SEK80.8m rights issue.
  • Advising Nordic Iron Ore AB on a planned SEK120m accelerated book building and placing and a planned SEK50m rights issue.

Advokatfirman Cederquist KB

Advokatfirman Cederquist KB’s capital markets team has a client base consisting of large and mid-cap listed companies, investment banks, and several major private equity funds, advising in relation to a wide range of issues on both the debt and equity side, including IPOs, bond issuances, and securitisation work. The practice also increasingly acts as a high-yield bond financing arranger for Nordic banks. Fredrik Lundén, who has considerable experience advising issuers and underwriters on IPOs, leads the ECM team, which also includes Wilhelm Lüning. Per Henriksson leads the DCM team, recently advising on tier 1 and 2 notes, high-yield and convertible bonds, as well as MTN programmes. Johan Lundberg is also a key contact, focusing on securitisations and high-yield bond offerings, among other debt transactions.

Responsables de la pratique:

Fredrik Lundén; Per Henriksson


Autres avocats clés:

Johan Lundberg; Elin Ljungström; Wilhelm Lüning


Les références

‘Cederquist offers a very competent team to assist any client in capital market issues, ranging from senior expertise to excellent partners and associates. They are able to provide pragmatic and actionable advice in every discussion.’

‘Wilhelm Lüning is a safe pair of hands in all situations. He has sound judgement and is well connected among regulators.’

‘Per Henriksson is very pragmatic, solution oriented and smart. A good speaking partner.’

Principaux clients

Billerud AB


AFRY AB


Viaplay Group AB


Nordnet AB


Nyfosa AB


Mips AB


Collector AB


Nelly Group AB


engcon AB


Acast AB


Dustin Group AB


Modern Times Group MTG AB


Kinnevik AB


Catella AB


Bonava AB


Addnode Group AB


Cloetta AB


NCC AB


Autoliv


SEB Corporate Finance


Carnegie Investment Bank


Danske Bank A/S


DNB Bank ASA


Nordea Bank Abp


Skandinaviska Enskilda Banken AB


Collector Bank AB


Bonava AB


Nordic Capital


Nordax Bank


Principaux dossiers


  • Advised listed company ACQ Bure on its $800m merger with Yubico AB and the subsequent listing of Yubico AB.
  • Advised Morgan Stanley on its SEK2.36bn investment in the SBB group.

Cirio Advokatbyrå AB

Cirio Advokatbyrå AB’s Stockholm-based capital markets team has broad experience in both equity and debt transactions. Recently, the team has been especially active on the equity side, handling IPOs, share issuances, and corporate spin-offs, notably in the technology, life sciences, healthcare, energy, infrastructure and real estate sectors. Annika Andersson, with over 20 years’ experience advising major Swedish and international companies, leads the ECM practice, while Dennis Luttropp Hansson heads up the DCM department. Banking and finance lawyer Jesper Johansson also offers DCM expertise to issuers and arrangers, especially concerning high-yield and investment-grade bonds.

Responsables de la pratique:

Annika Andersson; Dennis Luttropp Hansson


Autres avocats clés:

Jesper Johansson


Les références

‘A full-service firm with a global network to support on transactions/agreements with international parties. Their lawyers are professional, knowledgeable and proactive.’

‘A dedicated and skillful team that is knowledgeable within their field with a global network. They are solution oriented and always responsive to clients’ needs.’

‘Cirio’s team is very knowledgeable about life sciences-related legal topics. They also have deep knowledge and experience in advising smaller companies.’

Principaux clients

ABB Ltd


AB Sagax


Fortnox AB


Karnov AB


Besqab AB


Green Landscaping Group AB


Formpipe AB


Karolinska Development AB


Boule Diagnostics AB


Abliva AB


Pareto Securities AB


BEWi


Scandinavian Biogas Fuels International AB


SaveLend Group AB


TagMaster AB


Intervacc AB


Annexin Pharmaceuticals AB


Freja eID Group AB


Principaux dossiers


  • Advised ABB Ltd on the Swedish capital markets aspects of the spin-off of Accelleron Industries AG.
  • Advised AB Sagax in connection with a directed share issue through an accelerated book-building procedure raising proceeds of approximately SEK2bn.

Advokatfirman Delphi

Advokatfirman Delphi’s capital markets practice has an established reputation for its work on small and mid-cap matters, particularly in the life sciences space. Practice head Andreas Wirén advises issuers and underwriters on IPOs, rights issuances, incentive programs, and private placements, while transactions head Mats Dahlberg has considerable experience in IPOs, spin-offs, and accelerated book buildings. Having joined the firm in September 2023 from Hammarskiöld, Sandra Broneus adds experience in advising Swedish and international clients on IPOs and capital raisings.

Responsables de la pratique:

Andreas Wirén


Autres avocats clés:

Mats Dahlberg; Sandra Broneus


Les références

‘A professional, pragmatic, engaged team with broad capabilities. They are easy to work with.’

‘Mats Dahlberg has great experience and provides constant partner attention to matters.’

‘A small, likable and socially strong team that cares about our business.’

Principaux clients

Nasdaq AB


Carnegie Investment Bank AB


Polestar Performance AB


Momentum Group AB


Olink Holding AB


AddLife AB


Train Alliance Sweden AB


Desenio Group AB


Pagero Group AB


Akelius Residential Property AB


Spotligt Stock Market AB


Cedergrenska AB


Principaux dossiers


  • Advised Olink Holding AB on the $116m offering of American Depositary Shares (ADSs).
  • Acted as local counsel to Polestar on the completion of the business combination with the special purpose acquisition company (SPAC) Gores Guggenheim, Inc.
  • Acted as legal adviser in relation to the spin-off and separate listing of Momentum Group on Nasdaq Stockholm.

DLA Piper Sweden

DLA Piper Sweden’s capital markets team handles high-level equity-side mandates, ranging from IPOs to reverse takeovers, with a client base that includes major international players in the financial services, transport, and consumer goods sectors. Practice head Richard Folke has considerable experience in the capital markets field, recently focusing on defensive capital raisings, including in relation to Chapter 11 proceedings. Peder Grandinson advises underwriters and issuers on IPOs and other ECM transactions.

Responsables de la pratique:

Richard Folke


Autres avocats clés:

Peder Grandinson


Principaux clients

Stillfront Group


Moment Group


Advanced SolTech Sweden


Athanase Innovation


Avanza Bank Holding


Skogsfond Baltikum


DistIT


Alm Equity


Tempest Security


Heimstaden


Seafire


Rizzo Group


Storskogen


Svenska Nyttobostäder


Empir Group


The Unsecured Creditors Committee (SAS)


NCAB Group


Athanse Industrial Partner


Zenith Group


Principaux dossiers


  • Advised Philip Morris International on its public takeover offer of approx. SEK176.4bn to Swedish Match.
  • Advising the Official Committee of Unsecured Creditors of SAS on the legal matters in Sweden, Norway and Denmark in connection with SAS’ Chapter 11 process.
  • Advised DistIT with its preferential rights issue and the written procedure with regard to the bonds issued by DistIT, with a total deal value of approx. SEK400m.

Eversheds Sutherland

Eversheds Sutherland’s capital markets team advises a large number of early and growth-stage domestic companies in connection with IPOs and reverse takeovers on the Swedish exchanges. Johan Engström, with ECM experience in the tech, gaming, financial services, life sciences and crypto spaces, leads the team alongside managing partner Gabriel Albemark. Senior associate Mark Falkner handles IPOs, rights issuances, and accelerated book buildings.

Responsables de la pratique:

Johan Engström; Gabriel Albemark


Autres avocats clés:

Mark Falkner; Kevin Holmkvist


Les références

‘The team is always in good spirits, is passionate and always delivers high-quality work.’

‘This is a very responsive, creative and supportive team. They listen to clients and are proactive.’

‘Johan Engström and Kevin Holmkvist stand out in terms of responsiveness, quality and attitude.’

Principaux clients

Alpcot Holding AB


Pharmacolog i Uppsala AB


Maximum Entertainment AB


G5 Entertainment AB


ZignSec AB


Neola Medical AB


SMART VALOR AG


ChargePanel AB


Eyeonid Group AB


Acuvi AB


Abelco Investment Group AB


Umida Group AB


Arctic Blue Beverages AB


JonDeTech Sensors AB


Move About Group AB


Ekobot AB


Sun4Energy AB


Terranet AB


Erik Penser Bank


Ellen Aktiebolag


Resqunit


SOZAP AB


Principaux dossiers


  • Advised Scout Gaming AB in relation to its SEK101m rights issue on Nasdaq First North Growth Market.
  • Advised the board of directors of Toleranzia AB in connection with the mandatory bid on Nasdaq First North Growth Market by Flerie Invest.
  • Advised Peptonic Medical AB, listed on Spotlight Stock Market, on the merger with Pharmiva AB, listed on Nasdaq First North Growth Market.

Gernandt & Danielsson Advokatbyrå

Gernandt & Danielsson Advokatbyrå’s capital markets team is fluent in all aspects of both debt and equity transactions, with particular strength in the real estate, IT, and banking sectors. With over 20 years of experience, Mikael Borg leads the debt capital markets team, which assists major corporations as well as mid-market companies in raising funds through debt securities. Carl Westerberg and Fredrik Palm provide leadership on the equity side, with the team offering expertise in a wide range of matters, including IPOs, directed issuances, private placements, and preference shares issuances. Manfred Löfvenhaft and Gustav Skogö Nyvang are both key contacts, standing out for their ECM work, while Sofie Viktorsson regularly handles cross-border debt transactions.

Responsables de la pratique:

Mikael Borg; Carl Westerberg; Fredrik Palm


Autres avocats clés:

Manfred Löfvenhaft; Gustav Skogö Nyvang; Sofie Viktorsson; Mikael Bolling


Les références

‘G&D offers a complete set-up for capital market services, with sufficient width and enormous depth. This, combined with tremendous service level, makes them a stand-out practice.’

‘Carl Westerberg just knows everything, and is really likeable as well.’

‘Mikael Borg is very knowledgeable and is able to handle complex restructurings.’

Principaux clients

NP3 Fastigheter AB


Fastpartner AB


Storskogen Group AB


Rebellion Operations AB


Fastighets Aktiebolaget Trianon


Företagsparken Norden Holding AB


VEF AB


Emilshus AB


Mirovia AB


ICA Gruppen AB


Arwidsro Fastighets AB


MGI – Media and Games Invest SE


Humble Group AB


Novedo Holding AB


Bellman Group AB


TF Bank AB


Acroud AB


Aktiebolaget Fastator AB


Nordnet AB


Idun Industrier AB


Orrön Energy


Emilshus AB


LeoVegas founder and CEO


Svenska Nyttobostäder


Peas Industries AB


Humble Group AB


Fasadgruppen Group AB


Fingerprint Cards AB


Nordstjernan


Rebelle AB


Media and Games Invest


Genova Property Group AB


Catena Media


Heimstaden


Vestum


Sartorius AG


OX2 AB


Principaux dossiers


  • Advised ICA Gruppen AB (ICA) on ICA’s issue of four series of bonds in an aggregate nominal amount of SEK3.5bn under ICA’s Swedish MTN programme with a framework amount of SEK15bn.
  • Advising the founders in connection with MGM’s public offer for LeoVegas.
  • Advised Svenska Nyttobostäder AB in connection with a restructuring of its capital structure.

Hammarskiöld

Hammarskiöld’s capital markets team handles both equity and debt transactions, with a particularly strong reputation for advising domestic clients on access to primary and secondary markets, market regulations, and stock exchange issues. Carl-Johan Pousette, with experience in IPOs, public takeovers and exchange offers, heads up the team alongside corporate bonds expert Rasmus Fahlén. In 2023, Sandra Broneus left the firm for Advokatfirman Delphi.

Responsables de la pratique:

Carl-Johan Pousette; Rasmus Fahlén


Les références

‘The team offers good knowledge.’

Principaux clients

Skandinaviska Enskilda Banken AB


Scania CV AB


Devyser Diagnostics AB


Fastighets AB Balder


Intertrust


Nordic Trustee


Vacse AB


Fabege AB


Stenvalvet AB


Crown Energy AB


Pegujo


W5 Solutions AB


LL Lucky Games AB


High Coast Distillery AB


Impilo AB


Principaux dossiers


  • Advised Skandinaviska Enskilda Banken AB in connection with a directed issue of shares in eEducation Albert AB.

Hannes Snellman (Sweden)

Hannes Snellman (Sweden)’s capital markets team has a strong track record in advising issuers, financial advisers and other market participants on a range of matters, including IPOs, equity and debt offerings, derivatives, and private placements. Practice head Mattias Friberg specialises in ECM mandates and has handled domestic, regional and international transactions for 25 years. Ola Åhman leverages his insolvency experience to advise on defensive equity raisings.

Responsables de la pratique:

Mattias Friberg


Autres avocats clés:

Ola Åhman; Khaled Talayhan


Les références

‘A great team with high knowledge and skills.’

‘Mattias Friberg’s team is exceptionally strong and the team members work perfectly together. Mattias is very hands on and the team is overall mature enough to discuss the legal implications of complicated business matters from a very practical point of view.’ 

‘Ola Åhman is outstanding in the way he builds relationships with clients and responds quickly. He is extremely knowledgeable.’ 

Principaux clients

Nivika Fastigheter AB


Life Sciences Partners (LSP)


Mangold AB


Copperstone Resources AB


Savvy Gaming Group


Aker BP ASA


NeoGames S.A.


Soltech Energy Sweden AB


Vitec Software Group AB


Sampo Plc


Rederiaktiebolaget Gotland


NP3 Fastigheter AB


Eltel AB


Digital Bros S.p.A


Principaux dossiers


  • Acted as counsel to Sampo plc on its dual listing of its class A shares on Nasdaq Stockholm in the form of Swedish Depository Receipts (SDRs).
  • Acted as counsel to Vitec Software Group AB, listed on Nasdaq Stockholm (Large Cap), on its directed issue and private placement of new shares.
  • Acted as counsel to Eltel AB on its issue and listing of subordinated sustainability-linked hybrid capital securities.

Advokatfirman Lindahl KB

Advokatfirman Lindahl KB’s equity capital markets group is well known for its expertise in both regulated and alternative markets, handling matters primarily on the issuer side. Practice head Dennis Westermark has considerable experience in IPOs, capital raising, incentive programs, and takeovers. Monica Lagercrantz, managing partner of the firm’s Stockholm office, handles a broad range of transactional and regulatory ECM matters, including disclosure and market abuse issues.

Responsables de la pratique:

Dennis Westermark


Autres avocats clés:

Monica Lagercrantz; Victoria Skoglund


Les références

‘A very knowledgeable team with great availability.’

‘Victoria Skoglund is extremely talented with a broad range of knowledge. She has dealt with a lot of different questions and is not scared to give quick and firm advice on the spot.’

‘A perfect team for handling ECM transactions.’

Principaux clients

ABB Ltd


Atlas Copco AB


Alimak Group AB


Bawat Water Technologies AB


BioArctic AB


Concentric AB


Elon AB


Hanza AB


HEBA Fastighets AB


Midsona AB


Millicom International Cellular S.A.


Nanologica AB


Nivika Fastigheter AB


Nolato AB


Pricer AB


Pareto Securities AB


Prevas AB


Sedana Medical AB


Senzime AB


Q-linea AB


Swedencare AB


Midsummer AB


Linklaters

Linklaters’ capital markets team continues to offer broad debt and equity-side expertise, covering rights issuances, IPOs, accelerated bookbuild offerings, high-yield bonds, and MTN programmes. The team regularly handles domestic and international matters for high-profile corporate and financial clients, and recently advised underwriters in relation to a €500bn convertible bond placement. Practice head Charlotte Levin has considerable experience advising corporate and financial institutions on a range of matters, including public-to-private transactions and IPOs. Nima Naderi is the key name at managing associate level.

Responsables de la pratique:

Charlotte Levin


Autres avocats clés:

Elisabet Lundgren; Nima Naderi


Les références

‘They have an international touch and good knowledge.’

‘They offer outstanding performance, great market knowledge and engagement.’

‘Charlotte Levin is extremely knowledgeable, experienced, pleasant and is a no-nonsense lawyer who offers continual partner attention and practical advice.’

Principaux clients

UBS


Deutsche Bank


Nordea Bank


Skandinaviska Enskilda Banken


J.P. Morgan


Bank of America Merrill Lynch


DNB Bank


Danske Bank


Akelius Residential


Kinnevik


Morgan Stanley


ABG Sundal Collier


Carnegie Investment Bank


Triton


PAI Partners


IK Investment Partners


Goldman Sachs


Epiroc


Trelleborg


Bravida


EQT


Netel


Principaux dossiers


  • Advised the investment banks on the rights issue in SOBI.
  • Advised Assemblin on the €480m high-yield bond and €120m credit/guarantee facilities.
  • Advised the underwriter, Morgan Stanley, on the sell-down of shares in Hemnet Group AB to institutional investors by way of an accelerated bookbuilding process.

Mannheimer Swartling

Mannheimer Swartling’s experienced and comprehensive Stockholm-based capital markets practice handles a wide range of matters, including IPOs, rights issuances, high-yield and investment-grade bonds, private placements, sustainability-linked bonds, regulatory capital issuances, and securitisation work. The department is split into dedicated debt and equity teams, led by Patrik Marcelius and Thomas Pettersson respectively. Daniel Karlsson specialises in high-yield and investment-grade bonds, domestic and international funding programmes, and sustainable capital markets products. Emil Boström regularly advises leading private equity houses on ECM matters, while Gustav Glimblad has experience representing arrangers, issuers, and other stakeholders on a broad spectrum of issues. Nina Svensson departed the firm in February 2023.

Responsables de la pratique:

Patrik Marcelius; Thomas Pettersson


Autres avocats clés:

Daniel Karlsson; Emil Boström; Gustav Glimblad; Aleksander Ivarsson; Alice Castler


Les références

‘They are well connected, involved in all relevant forums and always at the front end of developments in the capital markets space.’

‘Patrik Marcelius is very accessible and able to give constructive advice in very diverse and practical matters. He is definitely a “go-to” person for all things capital markets related.’

‘Emil Boström stands out as an exceptional partner at the firm and a leader in the Swedish market.’

Principaux clients

Alfa Laval Treasury International


Bluestep Bank


Castellum


Danske Bank


DNB Bank


Ericsson


EQT


Handelsbanken


Hoist Finance


Klarna


Landshypotek Bank


Nordea Bank


Northvolt


Preem


SAAB


Sandvik


SAS


SBAB Bank


SEB


Securitas


SKF


Sdiptech


Swedavia


Swedish Orphan Biovitrum (SOBI)


Vattenfall


Volkswagen Finans Sverige


Principaux dossiers


  • Advised Beijer Ref on a SEK14bn rights issue to fund its acquisition of Heritage Distribution, a US-based leader in HVACR.
  • Advised Sdiptech on the inaugural issuance of senior secured sustainability-linked bonds of SEK600m.
  • Advised Verlinvest on a further investment into Oatly, as part of a $425m financial commitment including $300m senior convertible PIK notes.

Roschier

Roschier’s Stockholm-based capital markets practice handles a broad range of debt and equity transactions, including IPOs, private placements, high-yield and investment-grade bonds, and securitisations. The integrated team works closely with colleagues in the firm’s other departments as well as with law firms across Europe and the US to offer clients advice in relation to complex cross-border matters. DCM group head Johan Häger has considerable experience advising domestic and international banks, private equity investors, and large corporates, with expertise in the high-yield bond market. ECM practice head Pontus Enquist regularly represents sponsors, issuers, and underwriters in relation to IPOs and rights issuances. Ola Sandersson has recently led on re-domiciliation and IPO mandates, and Christoffer Benninge excels in ECM and public M&A work.

Responsables de la pratique:

Johan Häger; Pontus Enquist


Autres avocats clés:

Ola Sandersson; Christoffer Benninge; Tilda Rosengren


Les références

‘What truly sets Roschier apart is their deep understanding of the capital markets landscape. They possess unrivaled market insight and stay up to date with regulatory changes and industry trends, ensuring clients receive advice that’s not only legally sound but also commercially astute.’

‘Pontus Enquist is one of the best. He provides excellent operational guidance in difficult matters.’

‘One of the standout qualities of Christoffer Benninge is his innovative problem-solving approach. He consistently finds creative solutions to complex legal challenges, demonstrating a deep understanding of the intricacies of the capital markets. His ability to think outside the box and adapt to evolving market conditions sets him apart. He also places a strong emphasis on client satisfaction.’

Principaux clients

ABG Sundal Collier


Arctic Securities


Carnegie Investment Bank


Cibus Nordic Real Estate


Danske Bank


DNB Bank


JOOL Corporate Finance


Nordea Bank


Nordic Fixed Income


One Equity Partners


Pareto Securities AB


SEB


Swedbank


Svenska Handelsbanken


Aareon AG


Atlas Investissement


Attendo


Blackstone


Carnegie Investment Bank


Castellum


Cibus Nordic Real Estate


CVC


Danske Bank


General Atlantic


Handelsbanken


Hemnet


Herkules/Linas Matkasse


Ingka Investments


Investor AB


Morgan Stanley, J.P. Morgan, Credit Suisse


Nordea


Nordic Waterproofing


Nordika


Pareto Securities AB


Savvy Gaming Group


SEB


Sedana Medical


Stena Adactum


Swedbank


The Danish State


Volkswagen AG


Principaux dossiers


  • Advising Castellum in relation to its underwritten rights issue.
  • Advising TA Associates in relation to Elos Medtech’s SEK4.3bn rights issue.
  • Advised Pareto Securities in relation to the bond issue which was made to facilitate the acquisition by CVC of shares in SGL International A/S from AEA.

Advokatfirman Schjødt

Advokatfirman Schjødt’s capital markets group, which is part of the firm’s integrated Nordic/UK transactions department, handles a high volume of ECM mandates, including IPOs and share issuances, with notable strength in the fintech, green tech, mining, and life sciences sectors. Ylva Enquist leads the practice, with Emil Hedberg playing a key role.

Responsables de la pratique:

Ylva Enquist


Autres avocats clés:

Emil Hedberg; Adam Sirsjö


Les références

‘The team has an ability to see beyond the most readily available procedures.’

‘Ylva Enquist is knowledgeable, proactive and dedicated. Her investment banking and corporate finance experience helps when discussing not only legal matters but also practical things and deal strategy.’

‘The team is knowledgeable and accessible. Questions are readily managed and explained.’

Principaux clients

Goldman Sachs


JP Morgan


Danske Bank


TIAA (Teachers Insurance and Annuity Association)


Carnegie


Truecaller


Cinis Fertilizer


Paradox Interactive


ABG Sundal Collier


Pareto Securities


Principaux dossiers


  • Advised Goldman Sachs and JP Morgan in connection with the SEK1.2bn follow-on offering of American depositary receipts in Swedish company Olink Holding, listed on Nasdaq Global.
  • Advised Cinis Fertilizer in connection with its IPO and listing on Nasdaq First North Growth Market.
  • Advised Danske Bank in connection with Midsona’s rights issue of shares.

Setterwalls

Setterwalls’ capital markets group focuses on handling equity matters for issuers as well as advising on major main market IPOs. The team is particularly well known for advising clients in the life sciences and pharmaceuticals sectors and also has a strong presence in the real estate and energy industries. Jörgen Axelsson has over 25 years of experience advising on domestic and international IPOs, public takeovers, and convertible bond issuances; he co-chairs the group alongside Marcus Nivinger and Ola Grahn. Senior associate Axel Helle’s broad practice covers IPOs, private placements, capital raisings, and regulatory issues.

Responsables de la pratique:

Jörgen Axelsson; Marcus Nivinger; Ola Grahn


Autres avocats clés:

Axel Helle; Magnus Melin; Johanna Linnarsson


Les références

‘Setterwalls is business oriented and always delivers high-quality advice, always very quickly. They are extremely accessible and understand businesses not only from a legal perspective but also from a commercial one. They are also pro-active and very good at leading large projects.’ 

‘Marcus Nivinger has very good legal knowledge and most of the answers on the top of his mind. He always puts together good teams with the right seniority and competences.’

‘Ola Grahn stands out in terms of theoretical and practical knowledge and for providing relevant legal guidance. He has a pragmatic and efficient approach.’

Principaux clients

Fastighets AB Balder


Atrium Ljungberg AB


Resurs Holding AB


Swedish Logistic Property AB


Better Collective A/S


Betsson AB


Boozt AB


Truecaller AB


Arise AB


Rejlers AB


IAR Systems AB


Sivers Semiconductors AB


Bulten AB


Maha Energy AB


Nordisk Bergteknik AB


Doktorse Nordic AB


Danske Bank A/S, Danmark, Sverige Filial


InDex Pharmaceuticals Holding AB


Komplett Group AS


K-Fast Holding AB


Ework Group AB


SynAct Pharma AB


Wästbygg Gruppen AB


Thunderful Group AB


Guard Therapeutics International AB


Hexicon AB


Alligator Bioscience AB


Principaux dossiers


  • Advised Fastighets AB Balder, a listed real estate company, in connection with a €480m private placement of senior unsecured convertible bonds, SEK1.8bn private placement of shares, €85m tender offer, and €6bn EMTN Programme.
  • Advised Komplett Group AS in connection with a rights issue of shares of approximately NOK1bn.
  • Advised Swedish Logistic Property AB, a Swedish property company that acquires, develops and manages logistics properties, in connection with a SEK550m private placement of shares.

TM & Partners

TM & Partners’ equity capital markets practice handles stock exchange listings, public takeovers, and capital raisings, among other matters, primarily as issuer counsel. Practice head Johan Wigh offers broad expertise covering IPOs as well as rights and shares issuances. Jonas Hämälä joined the firm from an in-house role in January 2024, bringing considerable finance sector experience.

Responsables de la pratique:

Johan Wigh


Autres avocats clés:

Jonas Hämälä; Philip Bihl


Les références

‘A fantastic team.’

‘Johan Wigh shows true grit.’

‘Johan Wigh and Philip Bihl deliver a high-quality service in a very personal and professional way.’

Principaux clients

Arla Plast AB


Arcario AB


CDON AB


Färna Invest AB


Teqnion AB


Söder Sportfiske AB


Swedish Stirling AB


Arwidsro Investment AB


CombinedX AB


SaltX Technology Holding AB


Vivesto AB


Hoist Finance AB


Principaux dossiers


  • Advised Swedish Stirling AB in connection with its SEK100m offering of preference shares to the general public in Sweden and institutional investors in Sweden and abroad.
  • Advised Teqnion AB in connection with its SEK175m directed issue of shares to institutional investors in Sweden and abroad.
  • Advises SaltX Technlogy Holding AB in connection with its SEK69m rights issue.

Advokatfirman Vinge

Advokatfirman Vinge’s leading capital markets practice, which is strong on both the debt and equity sides, is especially well known for its expertise in IPOs, high-yield and investment-grade bonds, directed issuances of shares and equity derivatives, and secondary market securities trading work, among other areas. The department’s diverse client base includes public companies, private equity and venture capital sponsors, and investment banks. Jesper Schönbeck in Stockholm, Erik Sjöman in Malmö and Helsingborg, and Anders Strid in Gothenburg jointly lead the team. Schönbeck has considerable expertise in IPOs and directed share issuances, while Sjöman specialises in takeovers and equity offerings. Louise Brorsson Salomon stands out for her handling of securitisations and medium-term note programmes, while Mikael Ståhl leads the firm’s DCM offering.

Responsables de la pratique:

Jesper Schönbeck; Erik Sjöman; Anders Strid


Autres avocats clés:

Louise Brorsson Salomon; Mikael Ståhl


Les références

‘The strongest team in Sweden without a doubt.’

‘This team is on point, detail oriented and pragmatic as required by each specific situation.’

‘Jesper Schönbeck is the unrivalled market leader in the region. He is easy and fun to work with and very experienced.’

Principaux clients

Samhällsbyggnadsbolaget i Norden AB


Goldman Sachs, J.P. Morgan, Nordea, Morgan Stanley and DNB Markets


Vimian Group AB


VEF AB


Altor Fund III


ABG Sundal Collier and Carnegie


Oncopeptides AB


Mentimeter AB


Hansa Biopharma


Aneo Renewables Holding AS


Re:newCell AB


BHG Group AB


Azelio AB


Cantargia AB


Cinclus Pharma AB


Impact Investment Exchange Pte Ltd (Singapore)


EQT AB


Skandinaviska Enskilda Banken AB


Borgo AB


Intrum AB


Essity AB


Citigroup Global Markets Limited


Svenska Handelsbanken AB


Principaux dossiers


  • Advised Samhällsbyggnadsbolaget i Norden AB in connection with the distribution of the shares in Neobo Fastigheter AB to the A and B shareholders in SBB.
  • Advised EQT IX in connection with the sale of SEK5.6bn shares in Beijer Ref AB through an accelerated bookbuilding process.
  • Acted for Tele2 AB in connection with the update of its €5bn guaranteed English law governed EMTN programme, and simultaneous issuance of senior unsecured fixed rate notes in an amount of €500m and its parallel tender offer in respect of its previously issued senior unsecured fixed rate notes due 2024, each under the EMTN programme.