White & Case Advises Banks on SEK 1.106 Billion Directed Share Issue by Oncopeptides
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Global law firm White & Case LLP has advised Carnegie, DNB Markets, J.P. Morgan, Cowen and Kempen & Co, as joint bookrunners, on the SEK 1.106 billion (approximately US$130 million) directed share issue by Oncopeptides.
The Oncopeptides board of directors resolved on the directed issue of seven million shares at a subscription price of SEK 158 per share, with the company receiving gross proceeds of SEK 1.106 billion (approximately US$130 million). The subscription price was determined through an accelerated bookbuild procedure.
Established in 2000 and based in Stockholm, Sweden Oncopeptides is a pharmaceutical company that develops drugs for the treatment of cancer
The White & Case which advised on the transaction was led by partners Rikard Stenberg (Stockholm) and Mikko Hulkko (Helsinki) and included associates Christoffer Nilmén (Stockholm) and Benjamin Tuiskula (Helsinki).
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