24.9.2014

Danske Bank – We Advised the Lead Manager Danske Bank in Lemminkäinen’s Rights Issue

Castrén & Snellman advised the lead manager and underwriter Danske Bank in Lemminkäinen’s rights issue of approximately EUR 29 million. The rights issue was part of Lemminkäinen’s measures to strengthen its balance sheet with approximately EUR 100 million until the end of the third quarter in 2015. The rights issue was oversubscribed by 27.5 per cent and the underwriting provided by Danske Bank was therefore not utilised.