Cederquist assists CDON/Qliro Group AB in rights issue

Cederquist is assisting CDON/Qliro Group AB with a rights issue of approx. SEK 650 million and the launch of the new Qliro Group involving, among other things, a change of name for Qliro Group AB and the redemption of a convertible loan of approx. SEK 250 million.

CDON/Qliro Group are listed on Nasdaq Stockholm via the new issue, made with preferential rights for shareholders, CDON Group raises approx. SEK 650 million before issue costs. The new issue is fully guaranteed by CDON/Qliro Group’s largest shareholder Investment AB Kinnevik.

The Cederquist team assisting CDON/Qliro Group included partner Tone Myhre-Jensen, Fredrik Lundén and Henrik Wållgren.