Pandox Nasdaq OMX Stockholm IPO

Overview:

• Pandox has launched an IPO on the Nasdaq OMX Stockholm.
• The offering of 52 million shares was priced at SKr106 per share, giving a market capitalisation of SKr15.9 billion.
• The offering raised SKr6.36 billion 
• G Sundal Collier Norge acted as global coordinator and joint bookrunner.
• Handelsbanken Capital Markets and Morgan Stanley & Co. International acted as joint coordinators and joint bookrunners.
• Carnegie Investment Bank, DNB Markets and SEB Corporate Finance, Skandinaviska Enskilda Banken acted as co-lead managers.
• The deal at time of listing was the largest Swedish IPO in 15 years, according to Bloomberg.
• Pandox is a Sweden-based hotel property company.

Rani Mehta - Journalist