Setterwalls has assisted Balder in connection with directed share issue of approximately SEK 2,945 million

Setterwalls has assisted Fastighets AB Balder (publ) in connection with a directed share issue to a number of Swedish and international institutional investors.

The gross proceeds of the share issue amounts to approximately SEK 2,945 million. Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder’s real estate portfolio had a value of SEK 151.1 billion as of 30 September 2020. The company’s class B shares are listed on Nasdaq Stockholm, Large Cap. For further information about the share issue and Balder, please refer to the company’s website.