Törngren Magnell has advised RNB Retail and Brands in connection with its offering of notes of MSEK 400, within a total issuance frame of MSEK 600

Törngren Magnell has advised RNB Retail and Brands AB (publ) (RNB) in connection with its offering of senior secured notes of MSEK 400, within a total issuance frame of MSEK 600. The notes have a floating interest rate of STIBOR 3m + 600 basis points with a maturity of 3 years. The notes were issued on 2 February 2018 and are intended to be listed on Nasdaq Stockholm.

“The bond issue will provide a platform for flexible financing and opens up for new investors in RNB Retail and Brands”, comments Magnus Håkansson, CEO of RNB.

Danske Bank has acted as financial adviser and Advokatfirman Törngren Magnell has acted as legal counsel to RNB.

Törngren Magnell’s team consisted of Tobhias Brandell (Partner), Viktor Olsson (Senior Associate) and Louise Wedar (Associate).

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