Baker & McKenzie LLP

04/22/2024 | Press release | Distributed by Public on 04/22/2024 04:25

Baker McKenzie legal advisor to the banks in Nobia's rights issue of approximately SEK 1.26 billion

Nobia AB (publ) has carried out a fully guaranteed preferential rights issue of shares of approximately SEK 1,262 million.

Nobia develops and sells kitchen solutions through a number of strong brands in Europe, including Magnet in the UK; HTH, Norema, Sigdal, Invita, Superfront and Marbodal in Scandinavia; Novart in Finland. Nobia has approximately 4,700 employees and net sales of about SEK 12 billion. The share is listed on Nasdaq Stockholm under the ticker NOBI.

Carnegie Investment Bank, Handelsbanken Capital Markets and Nordea Bank Abp, filial i Sverige acted as Joint Global Coordinators and Joint Bookrunners. Baker McKenzie acted as legal advisor to the banks with a capital markets team consisting of Henric Roth, Joakim Falkner, Monica Ericson and Nanna Trulsson.