high demand for direct loan, placed by jool

Morris Law has acted as legal counsel to JOOL Corporate Finance AB in connection with the placement of a highly demanded direct loan.

During somewhat uncertain times in the global economy, JOOL Corporate Finance AB has successfully completed a placement of a direct loan for property developer Hultqvist Alfa AB (publ) in the amount of approximately SEK 25,000,000, with a significant demand among investors.

The net proceeds from the fully secured financing will be used to finance construction and completion of a project in Djurås, Dalarna, Sweden.

Morris Law’s team was led by Björn Bjuggren (financing & structuring) together with Elin Jansson (financing) with assistance from Nimrod Badur (Real Estate), Kevin St. Hill (Real Estate) and Kristina Tillander (financing).

For more information, please see JOOL Corporate Finance AB’s press release here.

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