White & Case Advises Banks on SEK 1.414 Billion Directed Share Issue by Oncopeptides
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Global law firm White & Case LLP has advised Carnegie, DNB Markets, Jefferies, Cowen and Kempen & Co, as joint bookrunners, on the completed SEK 1.414 billion (approximately US$144 million) directed share issue by Oncopeptides.
The Oncopeptides board of directors agreed the directed share issue of 12,295,000 new shares at a subscription price of SEK 115 per share. The company will receive gross proceeds of approximately SEK 1.414 billion.
Established in 2000 and based in Stockholm, Sweden, Oncopeptides is a pharmaceutical company which develops drugs for the treatment of cancer.
The White & Case team which advised on the transaction was led by partner Rikard Stenberg (Stockholm) and included partner Mikko Hulkko (Helsinki) and associate Christoffer Nilmen (Stockholm).
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