Törngren Magnell has advised RNB in connection with its rights issue

Törngren Magnell advised RNB RETAIL AND BRANDS AB (publ) on its rights issue of approximately MSEK 84.8. In addition, Törngren Magnell assisted RNB with the written procedure for its MSEK 400 senior secured bond.

RNB owns, operates and develops fashion wear, ready-to-wear clothing, accessories, jewellery and cosmetics stores and e-commerce. Sales are conducted through the concepts Brothers, Departments & Stores, Man of a kind and Polarn O. Pyret. The group has around 250 stores and e-commerce platforms in ten countries.

RNB’s shares are listed on Nasdaq Stockholm.

Törngren Magnell’s team consisted of Johan Wigh (Partner, Capital Markets), Sebastian Hellesnes (Associate, Capital Markets), Philip Bihl (Associate, Capital Markets), Tobhias Brandell (Partner, Banking & Finance) and Matilde Abejón (Associate, Banking & Finance).

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