Boreo – Issue of EUR 20 Million Hybrid Bond

We advised Boreo Plc and OP Corporate Bank plc acting as lead manager in the issue of a EUR 20 million hybrid bond for Boreo.

The company intends to use the proceeds of the issue to implement the company’s acquisition-driven strategy, to strengthen the company’s financial position and to cover the company’s general working capital needs.

Boreo, a company listed on the Helsinki Stock Exchange, creates value by owning, acquiring and developing B2B businesses in Northern Europe. Boreo’s operations are organised into three Business Areas: Electronics, Technical Trade and Heavy Machines.