Cederquist has acted as legal advisor to BillerudKorsnäs in connection with the fully secured rights issue of approximately SEK 3.5 billion, announced on 25 May 2022. The purpose of the rights issue was to use the proceeds for repayment of parts of the bridge financing that BillerudKorsnäs obtained to finance the acquisition of Verso Corporation.
BillerudKorsnäs produces packaging materials and packaging solutions that challenges conventional packaging for a sustainable future and is a leading manufacturer of primary fibre-based packaging materials with customers in over 100 countries. For further information about the rights issue and BillerudKorsnäs, please refer to the company´s website, www.billerudkorsnas.com.
Cederquist´s team consisted mainly of Fredrik Lundén, Wilhelm Lüning, Filip Gyulai, Matilda Larsson, Karin Karsten, Sofia Sallnäs and Freddie Hassellöv.