The capital markets team at Bird & Bird focuses on ECM mandates and is particularly experienced in private equity-driven IPOs and transactions in the technology and life sciences sectors. Ola Lidström heads up the practice and advises issuers, underwriters and shareholders on various transactional matters.

Advokatfirman Cederquist KB handles both debt and equity capital markets mandates, with Per Henriksson a key name for the former and Fredrik Lundén focused on the latter. The group acts for major Nordic investment banks and private equity funds and has recently advised on a number of large IPOs on Nasdaq Stockholm. Lundén is recommended for IPOs, public tender offers and share issuances by listed companies, while Henriksson advises on high-yield bonds, convertible bonds and green bonds, among other areas. Wilhelm Lüning adds 35 years’ experience to the team and is well versed in public M&A and corporate governance work.

The ‘competent, friendly and very service-minded’ Cirio Advokatbyrå AB handles both ECM and DCM work, mainly advising issuer-side clients on both domestic and international deals. The team is jointly led by Annika Andersson and Dennis Luttropp Hansson; Andersson has over 20 years’ experience of M&A, IPOs, share issuances and corporate governance matters, while Hansson is a notable name for leveraged finance work, bonds and real estate finance mandates.

The capital markets team at Advokatfirman Delphi focuses on mid-cap capital markets transactions and advises on international IPOs; it has also been engaged by Nasdaq Stockholm to be part of the external committee discussing new rules and regulations. Andreas Wirén heads up the team and acts for both issuers and underwriters on deals, while Mats Dahlberg is recommended for IPOs, public take-overs, spin-offs, carve-outs and fundraisings; he acts for companies, investment banks and institutional investors. Annika Melin Jakobsson is experienced in both domestic and international transactions.

Eversheds Sutherland is well placed to handle cross-border transactions by virtue of its international network. The Swedish practice focuses on ECM work and has recently handled numerous IPOs under the leadership of Gabriel Albemark, Johan Engström and Philip Heilbrunn. Engström handles transactional matters, corporate governance work and compliance issues for businesses in the technology, gaming, financial services and life sciences sectors, among other areas.

Gernandt & Danielsson Advokatbyrå’s capital markets practice is strong on both debt and equity work, acting for large domestic and international clients on high-profile and high-value transactions. On the equity side, the group advises on IPOs, public takeovers and issuances of complex preference shares, while in the debt space it handles high-yield bonds, medium-term note (MTN) and Euro medium-term note (EMTN) programmes, and hybrid instruments. The team is jointly led by Fredrik Palm, Carl Westerberg and Mikael Borg, who are all strong in transactional work, including M&A. Sofie Viktorsson is a key name for DCM work, while Pär Johansson, Gabriel Zsiga, Oscar Anderson and Mikael Bolling were all recently promoted to the partnership.

Hammarskiöld’s capital markets team is jointly led by Carl-Johan Pousette, Rasmus Fahlén and Sandra Broneus, who recently joined from TM & Partners. The department advises clients on matters pertaining to both primary and secondary markets, market regulation, and stock exchange issuances, and Pousette brings a wealth of experience in IPOs, public takeovers, exchange offers and capital raisings to the team.

Hannes Snellman has the capacity to advise on both ECM and DCM matters and handles cross-border transactions in the Nordics with ease, utilising its integrated Finnish and Swedish teams. Key areas of strength include IPOs, public tender offers and private placements, and the Stockholm team is led by Mattias Friberg, who has over 20 years’ experience in M&A, regulatory and compliance matters.

With Dennis Westermark at the helm, Advokatfirman Lindahl KB fields a large team which focuses on ECM work, acting from various offices across Sweden. Westermark is recommended for capital raisings, IPOs, takeovers and general meetings, and also handles corporate governance and regulatory matters. Uppsala’s Mårten Steen and Malmö’s Carl-Johan Krusell are also key members of the team, while Ola Svanberg was recently promoted to partner and Victoria Skoglund joined from Kanter Advokatbyrå KB.

Mannheimer Swartling fields ‘many good lawyers that deliver top-class services’ and is strong in both debt and equity capital markets work. The group handles both domestic and cross-border work and acts for large blue-chip clients on high-yield and investment grade bonds, hybrid bonds, covered bonds and securitisation work, as well as regulatory matters. Patrik Marcelius co-heads the team and is a noteworthy individual for IPOs, public takeovers and mergers, while fellow co-head Thomas Pettersson focuses on derivatives mandates and regulatory matters. Gustav Glimblad was recently promoted to partner and Olof Stenström left the firm.

Praised as ‘very knowledgeable with a practical approach and understanding of the requirements of business’, Roschier is well regarded in the market for both debt and equity capital markets mandates. The practice, which is jointly led by Johan Häger and Pontus Enquist, is well versed in IPOs, rights offerings and private placements, and convertible bonds, high-yield bonds and investment-grade bonds. Häger is recommended for large international debt transactions and acts for both Swedish and international banks, while Enquist, who leads the Stockholm office, handles ECM matters. Niklas Eriksson joined from an in-house role in 2022 and is experienced in international mandates.

The capital markets practice at Advokatfirman Schjødt is full integrated across Sweden and Norway and draws on the related expertise of its M&A, financial services and tax practitioners to assist with capital markets transactions. The practice focuses on ECM work and is led by Ylva Forsberg, who has experience in-house as an investment banker; she is supported by Emil Hedberg, who handles M&A transactions, capital markets deals and corporate advisory work. Ebba Perman Borg recently joined from Linklaters and specialises in the tax elements of capital markets work.

Setterwalls fields ‘a solid team with vast experience’ and advises on ECM and DCM matters. It focuses on issuer-side work and handles IPOs and compliance, regulatory and transactional issues for a range of businesses, with particular experience in the life sciences sector. The team is jointly led by Stockholm’s Jörgen Axelsson and Marcus Nivinger, and Malmö’s Ola Grahn. Axelsson adds over 25 years’ experience in capital markets transactions, M&A, and securities to the team, while Nivinger is recommended for IPOs and share issuances, and Grahn handles transactions and governance matters.

TM & Partners’ capital markets practice has a strong focus on ECM work and is recommended for stock exchange listings, public takeovers, capital raisings and restructuring work. The team acts for Swedish and international companies, including private equity and venture capital funds, and investment banks, and is led by Johan Wigh, who handles transactional and regulatory matters. Sandra Broneus left the firm for Hammarskiöld.

Advokatfirman Vinge is singled out by clients as ‘absolutely top of the market in terms of quality, problem solving, market knowledge and client management’. On the equity side, the practice handles IPOs, rights and directed issuances of shares and equity derivatives and secondary market offerings, while in the debt space, it is recommended for investment-grade and high-yield bond work, US offerings, such as 144A issuances, and securitisations, among other areas. The team is jointly led by Jesper Schönbeck, Erik Sjöman and Anders Strid; Sjöman counts the Swedish Government on his client roster and focuses on ECM mandates, while Schönbeck and Strid are recommended for public M&A work. Mikael Ståhl has considerable experience in domestic and international DCM mandates.

White & Case Advokat AB has a strong track record in ECM transactions and has considerable experience in IPOs, SPAC IPOs and private placements on the Nasdaq Stockholm and First North stock exchanges. The group acts for issuers and underwriters and offers Swedish and US law advice under one roof. Rikard Stenberg co-heads the team and is recommended for cross-border M&A matters, and fellow co-head Johan Thiman handles M&A as well as corporate governance and securities regulatory matters. Senior counsel Michael Bark-Jones is a key name for DCM matters and assists with high-yield and investment-grade bond offerings for Nordic and international entities.