Sweden

Gernandt & Danielsson has advised TF Bank AB (publ) (“TF Bank”) in its issue of Tier 2 bonds in a total amount of SEK 150 million and the concurrent redemption of its outstanding SEK 100 million Tier 2 bonds. TF Bank is a fast-growing digital credit and payment platform operating in 14 European countries. Through its proprietary IT infrastructure, TF Bank develops simple and flexible payment and financing solutions for millions of customers. Since its founding in 1987, TF Bank has consistently combined growth with profitability, and following the stock market listing in 2016, this development has continued with a strong focus on scalability and automation. TF Bank is listed on Nasdaq Stockholm. Gernandt & Danielsson has advised TF Bank with a team consisting of partners Mikael Borg and Mikael Bolling and associates Einar Brunsberg and Amanda Kull.

Gernandt & Danielsson has advised DLL in a licence restructuring regarding its Nordic operations. On 23 October 2025, DLL’s Swedish subsidiary De Lage Landen Finans AB returned its licence to conduct financing business to instead become registered as a financial institution. The operations of De Lage Landen Finans AB's Danish and Finnish branches will continue under local registrations. Simultaneously, De Lage Landen Finans AB has ended its Norwegian branch, which has been replaced by a new branch established on a cross-border basis by DLL's Dutch credit institution De Lage Landen International B.V. Gernandt & Danielsson has advised DLL with a team consisting of partner Niclas Rockborn and associate Sebastian Kjellkvist.

Gernandt & Danielsson has advised in Stenhus Fastigheter i Norden AB’s (publ) (“Stenhus Fastigheter”) issuance of senior unsecured sustainable corporate bonds in a total amount of SEK 500 million as well as a tender offer and early redemption of Stenhus Fastigheter’s existing senior unsecured green corporate bonds of series 2023/2026. Gernandt & Danielsson has advised Stenhus Fastigheter with a team consisting of partner Mikael Borg, senior associate Simon Wetterholm as well as associate Samuel Gilljam.

Karnov Group AB (publ), listed on Nasdaq Stockholm, announced on 8 November 2025 that it had entered into an agreement with Infopro Digital Group to divest its Environment, Health and Safety (EHS) division (comprising Notisum AB, Notisum ApS, Echoline SAS and QSE Conseil SAS) for a cash purchase price of EUR 92 million, on a cash- and debt-free basis. Gernandt & Danielsson advises Karnov Group with a core team led by partners Gustav Skogö Nyvang and Pär Johansson as well as senior associates Robin Skoglund Rovén and Joel Olsson, primarily assisted by partner Peter Forsberg (FDI/Competition), senior associates Astrid Svensson (IT, Data Protection and IP) and Gustav Lindgren (Employment) as well as associates Sofie Hallén (FDI/Competition), Samuel Gilljam (Corporate), Amanda Kull (Corporate) and Ralph Bitar (FDI/Competition).