Lindahl advises Sagax in connection with redemption offer to preference share holders

Advokatfirman Lindahl advises AB Sagax (publ), listed on Nasdaq Stockholm, Large Cap, in connection with Sagax’ offer to holders of the company’s preference shares to redeem preference shares to class D common shares, alternatively in combination with cash payment. The total value of the offer amounts to approximately SEK 1.9 billion. The offer is a continuation of the work Sagax initiated 2016 through the introduction of class D common shares, and aims to strengthen the company's credit profile.

The prospectus with regard to the issue of class D common shares as a part of the redemption offer was made public on 11 May 2017.

Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment.

Advokatfirman Lindahl advises Sagax with a team lead by Annika Andersson and Johan Hessius, assisted by Olivia Toftgård, Anton Knifström and Pekka Frölander (all Capital Markets and Public M&A) and Fredrik Morfeldt (M&A and Real Estate).