Tobhias Brandell

TM & Partners ranked by Chambers Europe 2022

Chambers and Partners Europe has published the 2022 ranking of Europe’s leading law firms, where we can proudly state that we are ranked in three categories.
TM & Partners are ranked partly as a firm, partly in the following business areas: M&A, banking and finance and employment law. In addition, seven of our partners are ranked: Anna Jerndorf, Cecilia Rudels, Tobhias Brandell, Safa Mahmoudi, Niclas Högström, Per Granström & Sten Hedbäck.

TM & Partners ranked by Chambers Global 2022

Chambers Global has published the 2022 rankings of the world’s leading law firms, where we can proudly state that we are ranked in the business areas banking and finance and M&A. In addition to the business areas, five of our partners are also ranked: Cecilia Rudels, Tobhias Brandell, Niclas Högström, Per Granström and Sten Hedbäck.

TM & Partners has advised RNB Retail and Brands AB in connection with the sale of Brothers & Sisters AB, the acquisition of Coala-Life AB and the conversion of notes

TM & Partners has advised RNB Retail and Brands AB (“RNB”) in connection with the sale of Brothers & Sisters. They holds all shares in Brothers AB, to the Norwegian investment company Jotunfjell Partners AS. The acquisition of Coala-Life AB (“Coala-Life”) through an issue in kind, and the conversion of RNB’s notes to unconditional capital contributions and shares in the company.

Jotunfjell Partners AS has a primary focus on Nordic retail, and owns, inter alia, the Swedish retail chain Pagelle.

Coala Life is a Swedish medtech company that focuses on heart diagnostics and digital health. The company has developed a portfolio of solutions based on the Coala, a patented and commercial service for remote monitoring and self-screening of heart sounds and ECG.

As a result of the transactions, RNB changed its business name to Coala-Life Group AB (publ) and its business activities to development, marketing and sale of medtech. In addition, a change of listing of RNB’s shares from Nasdaq Stockholm to Nasdaq First North Growth Market was carried out in connection with the closing of the transactions.

TM & Partners’ team comprised:

• Niclas Högström (Partner, M&A)
• Johan Wigh (Partner, Capital Markets)
• Tobhias Brandell (Partner, Banking & Finance)
• Fredrik Gustafsson (Partner, Technology)
• Sara Jacobson (Associate, M&A)
• Mikael Ahlberg (Associate, M&A)
• Robin Bergqvist (Associate, Banking and Finance)
• Philip Bihl (Associate, Capital Markets)
• Johan Mörlin (Associate, M&A)
• Karolina Kjellberg (Senior Associate, Technology)
• Cecilia Bergman (Senior Associate, Employment)
• Catharina Danielsson (Associate, Real Estate)

TM & Partners has advised RNB Retail and Brands AB (publ) in connection with the sale of Polarn O. Pyret AB

TM & Partners has advised RNB Retail and Brands AB (publ) in connection with the sale of its wholly-owned subsidiary Polarn O. Pyret AB to Procuritas Capital Investors Fund VI. The preliminary purchase price amounts to SEK 330 million on a cash and debt-free basis. Polarn O. Pyret is a true Swedish icon and an internationally recognised quality brand within the field of children’s clothing since 1976. Procuritas invests in and develops medium-sized Nordic companies and has for more than thirty years invested in over 45 different companies.

TM & Partners team comprised:

• Niclas Högström (Partner, M&A)
• Mikael Ahlberg (Associate, M&A)
• Sofia Lindh (Associate, M&A)
• Sara Jacobson (Associate, M&A)
• Tobhias Brandell (Partner, Banking & Finance)
• Matilde Abejón (Associate, Banking & Finance)
• Fredrik Gustafsson (Partner, Tech)
• Andreas Sahlstedt (Associate, Real Estate)

TM & Partners has assisted Departments & Stores Europe AB in connection with the transfer of its assets in the department stores of Nordiska Kompaniet in Stockholm and Gothenburg to NK Retail AB

TM & Partners has assisted Departments & Stores Europe AB (DSE) in connection with the transfer of its business in the department stores of Nordiska Kompaniet in Stockholm and Gothenburg to NK Retail AB. The buyer is a subsidiary to AB Nordiska Kompaniet which is a subsidiary to Hufvudstaden. Through the sale approximately 40 departments will be transferred in NK Stockholm and Gothenburg. DSE generated revenues of SEK 773 million in the financial year of 2019/2020. All employees, about 400, will be offered employment at NK Retail AB.

TM & Partners team comprised Niclas Högström (Partner), Tobhias Brandell (Partner), Fredrik Gustafsson (Partner), Mikael Ahlberg (Associate), Sofia Lindh (Associate), Sara Jacobson (Associate), Karolina Kjellberg (Associate), John Park (Associate) and Robin Berqvist (Associate).

Törngren Magnell has advised RNB in connection with its rights issue

Törngren Magnell advised RNB RETAIL AND BRANDS AB (publ) on its rights issue of approximately MSEK 84.8. In addition, Törngren Magnell assisted RNB with the written procedure for its MSEK 400 senior secured bond.

RNB owns, operates and develops fashion wear, ready-to-wear clothing, accessories, jewellery and cosmetics stores and e-commerce. Sales are conducted through the concepts Brothers, Departments & Stores, Man of a kind and Polarn O. Pyret. The group has around 250 stores and e-commerce platforms in ten countries.

RNB’s shares are listed on Nasdaq Stockholm.

Törngren Magnell’s team consisted of:

• Johan Wigh (Partner, Capital Markets)
• Sebastian Hellesnes (Associate, Capital Markets)
• Philip Bihl (Associate, Capital Markets)
• Tobhias Brandell (Partner, Banking & Finance)
• Matilde Abejón (Associate, Banking & Finance)

Törngren Magnell has advised Samhällsbyggnadsbolaget i Norden in connection with its offering of notes of 300 MEUR and in connection with the establishment of its EMTN programme and its offering of notes thereunder of 500 MEUR

Törngren Magnell has advised Samhällsbyggnadsbolaget i Norden AB (Samhällsbyggnadsbolaget) in connection with its offering of perpetual hybrid notes of 300 MEUR. The hybrid notes initially have a fixed interest rate of 4.625 % and has an initial non-call period of 5.25 years. The hybrid notes are intended to be listed on Euronext Dublin.

Deutsche Bank AG, London Branch acted as Structuring Advisor of the transaction. Citigroup Global Markets Limited, Danske Bank A/S, Deutsche Bank AG, London Branch and Nordea Bank Abp acted as Joint Bookrunners. Advokatfirman Törngren Magnell has acted as legal counsel to Samhällsbyggnadsbolaget as to Swedish law, Clifford Chance has acted as legal counsel to Samhällsbyggnadsbolaget as to English law and Allen & Overy has acted as legal counsel to the Joint Bookrunners as to English law.

EMTN Programme

TM & Partners has further adviced Samhällsbyggnadsbolaget in connection with the establishment of its EMTN Programme with a programme limit of 2 500 MEUR and Samhällsbyggnadsbolaget’s first issue of notes under its EMTN Programme. The issue consists of senior unsecured notes of 500 MEUR and has a fixed interest rate of 1.750 % with a maturity of 6 years. The notes have a settlement date on 14 May 2019 and are intended to be listed on Euronext Dublin. The proceeds from the senior notes issuance will be used mainly for repayment of existing secured bank debt and for general corporate purposes.

Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, DNB Bank ASA and Nordea Bank Abp acted Joint Bookrunners in relation to the first notes issue under the EMTN Programme. Advokatfirman Törngren Magnell has acted as legal counsel to Samhällsbyggnadsbolaget as to Swedish law, Clifford Chance has acted as legal counsel to Samhällsbyggnadsbolaget as to English law and Allen & Overy has acted as legal counsel to the Joint Bookrunners as to English law.

Törngren Magnell’s team consisted of:

• Tobhias Brandell, partner
• Louise Wedar, associate
• Mikaela Nordh, associate

Törngren Magnell har biträtt RNB Retail and Brands med en obligationsemission om 400 MSEK, med en emissionsram om 600 MSEK

Törngren Magnell har biträtt RNB Retail and Brands AB (publ) (RNB) med en emission av en senior  säkerställd obligation om 400 MSEK, med en emissionsram om 600 MSEK.

Obligationslånet löper med en rörlig ränta om STIBOR 3m + 600 räntepunkter med en löptid på 3 år. Obligationslånet emitterades den 2 februari 2018 och planeras för upptagande av handel vid Nasdaq Stockholm.

”Emissionen av obligationslånet skapar förutsättningar för en mer flexibel finansiering och öppnar upp för nya investerare i RNB Retail and Brands”, kommenterar Magnus Håkansson, VD för RNB.

Danske Bank har agerat finansiell rådgivare och Törngren Magnell har varit juridisk rådgivare till RNB.

Törngren Magnells team bestod av Tobhias Brandell (Partner), Viktor Olsson (Senior Associate) och Louise Wedar (Associate).

Törngren Magnell har biträtt Samhällsbyggnadsbolaget i Norden med två obligationsemissioner om 750 MSEK, med en emissionsram om en miljard kronor, samt om 300 MSEK

Törngren Magnell har biträtt Samhällsbyggnadsbolaget i Norden AB (Samhällsbyggnadsbolaget) med en emission av ett seniort icke-säkerställt obligationslån om 750 MSEK, med en emissionsram om en miljard kronor. Obligationslånet löper med en rörlig ränta om STIBOR 3m + 390 räntepunkter med en löptid på 3 år. Obligationslånet emitterades den 29 januari 2018 och planeras för upptagande av handel vid Nasdaq Stockholm.

Nordea och DNB har agerat finansiella rådgivare till Samhällsbyggnadsbolaget. Törngren Magnell har varit juridisk rådgivare till Samhällsbyggnadsbolaget. Advokatfirman Vinge har varit juridisk rådgivare till Nordea och DNB.

Törngren Magnell har även biträtt Samhällsbyggnadsbolaget med en emission av ett seniort icke-säkerställt obligationslån om 300 MSEK med fast ränta om 290 räntepunkter med löptid på ca 22 månader. Obligationslånet kommer emitteras den 12 februari 2018 och planeras för upptagande av handel vid Nasdaq Stockholm. Nordea har agerat finansiell rådgivare till Samhällsbyggnadsbolaget med Advokatfirman Vinge som juridisk rådgivare till Nordea. Törngren Magnell har varit juridisk rådgivare till Samhällsbyggnadsbolaget.

Törngren Magnells team bestod av Tobhias Brandell (Partner), Viktor Olsson (Senior Associate), Fredrik Ljungström (Associate) och Louise Wedar (Associate).

Törngren Magnell har biträtt Samhällsbyggnadsbolaget i Norden med en emission av hybridobligationer om 400 miljoner kronor, med en emissionsram om en miljard kronor

Törngren Magnell har biträtt Samhällsbyggnadsbolaget i Norden AB (Samhällsbyggnadsbolaget) med en emission av hybridobligationer om SEK 400 miljoner kronor, med en emissionsram om en miljard kronor. Hybridobligationerna löper initialt med en rörlig ränta om STIBOR 3M + 7,00 procentenheter och har en evig löptid. Hybridobligationerna planeras för upptagande vid Nasdaq Stockholm eller annan reglerad marknad.

”Denna emission, och framförallt den övertecknade boken, visar att de institutionella investerarna visar ett fortsatt starkt stöd för bolaget och vår strategi. Samhällsbyggnadsbolaget emitterar som det andra fastighetsbolaget i Norden under en dokumentation som ur ett ratingperspektiv förväntas ge förstärkning till det egna kapitalet motsvarande halva det emitterade beloppet, vilket stärker den finansiella ställningen mot målet att erhålla en ”investment grade”- rating innan slutet av 2018.” kommenterar Ilija Batljan, VD och grundare för Samhällsbyggnadsbolaget.

Nordea har agerat finansiella rådgivare till Samhällbyggnadsbolaget. Advokatfirman Törngren Magnell har varit juridisk rådgivare till Samhällsbyggnadsbolaget. Advokatfirman Vinge har varit juridisk rådgivare till Nordea.

Törngren Magnells team bestod av Tobhias Brandell, partner, Viktor Olsson, senior associate, och Louise Wedar, associate.

Törngren Magnell has advised Samhällsbyggnadsbolaget i Norden AB in connection with its offering of senior unsecured and guaranteed notes of SEK 600 million

Törngren Magnell has advised Samhällsbyggnadsbolaget i Norden AB (SBB) in connection with its offering of senior unsecured and guaranteed notes of SEK 600 million. The notes have a duration of 18 months and a floating interest rate of STIBOR 3M + 6,25 %. The notes are planned to be listed on the Nasdaq Stockholm exchange or any other regulated market.

“This is another milestone in SBB’s development to become a leading real estate company in housing and community properties with strong cash flow and a strong position in the capital market” says Ilija Batljan, CEO, Samhällsbyggnadsbolaget i Norden.

ABG Sundal Collier and Swedbank has acted as financial advisers to SBB. Advokatfirman Törngren Magnell has acted as legal counsel to SBB. Advokatfirman Vinge has acted as legal counsel to ABG Sundal Collier and Swedbank.

TM & Partner’s of :

• Tobhias Brandell, partner
• Viktor Olsson, senior associate
• Louise Wedar, associate