Gernandt & Danielsson Advises Arctic Securities on Staycity EUR 100 Million Senior Secured Bond Issue

"Gernandt & Danielsson advised Arctic Securities in connection with Staycity Group’s issue of EUR 100 million senior secured callable floating rate bonds under a EUR 200 million framework. Arctic Securities acted as sole bookrunner. Staycity is a Dublin-based aparthotel operator with nearly 6,400 rooms across 39 properties in 20 UK and European cities."

Gernandt & Danielsson advised Arctic Securities in connection with Staycity Group’s issuance of senior secured callable floating rate bonds, with Arctic Securities acting as sole bookrunner. The transaction comprised an issue of senior secured callable floating rate bonds in an amount of EUR 100 million within an overall framework of EUR 200 million. Arctic Securities acted as sole bookrunner in relation to the bond issue. Dublin-based Staycity Group, established in 2004, operates almost 6,400 aparthotel rooms across 39 aparthotels in 20 key UK and European cities. Its aparthotels trade under the Staycity Aparthotels and Wilde brands and feature studios and one-, two- and three-bedroom apartments. Gernandt & Danielsson represented client Arctic Securities with a team composed by: partners Mikael Borg and Mikael Bolling, senior associate Jakob Forsell and associate Erik Schwartz.

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Gernandt & Danielsson Advises Arctic Securities on Staycity EUR 100 Million Senior Secured Bond Issue

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Gernandt & Danielsson Advises Arctic Securities on Staycity EUR 100 Million Senior Secured Bond Issue

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