Pareto advises ALM Equity AB (publ) on their successful placement of a SEK 325 million four-year senior unsecured bond
Pareto Securities has advised ALM Equity AB (“ALM Equity”), one of Sweden’s largest developers of residential apartments in the Greater Stockholm region, on their successful placement of a four-year SEK 325 million senior unsecured bond. The proceeds from the bond issue will be allocated towards general corporate purposes, including investments and acquisitions of land and property projects primarily in the Greater Stockholm region.The bonds, maturing in March 2020, will bear a floating coupon of 3 months Stibor + 6.75% (paid quarterly). Listing of the bonds on Nasdaq First North is