Sweden

Gernandt & Danielsson advises Worldline, a European leader in payment services, in connection with the divestment of PaymentIQ, a payment orchestration platform, to Incore Invest for an estimated cash proceeds at closing of c. EUR 160 million, after excess cash distribution. The closing of the transaction is expected in Q1 2026 subject to the works council consultation process. Worldline is a European leader in payment services, listed on Euronext Paris, that generated a 4.6 billion euros revenue in 2024. The divestment of PaymentIQ marks a further step in Worldline’s strategic refocus on core European payment activities and a new milestone in its simplification journey, as part of the North Star transformation plan. Gernandt & Danielsson advises Worldline with a team lead by partner Corinne Ekman, senior associate Simona Stenborg and associate Elias Vahman, mainly assisted by partners Oscar Anderson (Regulatory), Peter Forsberg (Competition), senior associates Rikard Sundstedt (Regulatory) and Astrid Svensson (Data Protection) and associates Sofie Hallén (Competition) and Olle Häglund (Corporate).

Gernandt & Danielsson advises in connection with Betsson AB's (publ) (“Betsson") issue of corporate bonds in a total amount of EUR 70 million. Betsson will apply for admission to trading of the bonds on Nasdaq Stockholm. Gernandt & Danielsson also advises in Betsson’s tender offer and early redemption under outstanding bonds 2023/2026. Betsson is an engaged owner of fast-growing companies in the online gaming industry. Betsson is one of the leading online gaming groups worldwide and has the ambition to grow faster than the market, organically and through acquisitions. Betsson is listed on Nasdaq Stockholm Large Cap (BETS-B). Gernandt & Danielsson advises Betsson with a team consisting of partners Mikael Borg and Mikael Bolling, senior associate Jakob Forsell and associate Einar Brunsberg.

Gernandt & Danielsson has advised Prisma Properties in connection with its issue of green bonds in a total amount of SEK 500 million with maturity in 2029. Prisma Properties will apply for admission to trading of the bonds on the sustainable bond list of Nasdaq Stockholm. Prisma Properties is a Swedish real estate group focusing on modern properties in the discount retail, grocery retail, and quick-service restaurant sectors. Gernandt & Danielsson has advised Prisma Properties with a team consisting of partner Mikael Borg, senior associate Simon Wetterholm and associate Erik Schwartz.

Gernandt & Danielsson advises in HLL BondCo AB's (publ) (“HLL BondCo”) issue of corporate bonds in a total amount of SEK 425 million within a framework of SEK 850 million and in HLL BondCo’s acquisition of a majority stake in HLL Hyreslandslaget AB, a machine rental company engaged in the rental and trade of machinery, containers and sheds, consumables and personal protective equipment for the construction industry, as well as consulting and leasing in these areas of activity. The proceeds from the bond issue have been used to part-finance the acquisition. HLL BondCo will apply for admission to trading of the bonds on the corporate bond list of Nasdaq Stockholm. Gernandt & Danielsson advises HLL BondCo with a team consisting of partners Mikael Borg and Mikael Bolling as well as senior associates Jakob Forsell (Financing/DCM) and Joel Olsson (M&A) and associates Erik Karlsson (Financing/DCM), Siri Telmen (M&A) and Viktor Lundberg (M&A). ABG Sundal Collier has acted as financial advisor in connection with the transaction.