Pareto Securities successfully closes several deals

• IPO of Pexip executed as joint global coordinator
• Nordic Bond in the amount of EUR 60 million placed for DigiPlex Norway Holding 3 AS
• Debt financing in the amount of EUR 32 million set up for ICW Holding

Frankfurt, 4 June 2020. Pareto Securities AS, an international investment bank headquartered in Oslo and a long-standing partner of medium-sized companies in Germany, has successfully executed several capital market transactions. In particular, Pareto Securities acted as joint global coordinator for the successful IPO of the Norwegian video conferencing provider Pexip Holding ASA on the Oslo Stock Exchange (OSE). The IPO with a volume of approximately EUR 221 million was marketed exclusively virtually via Pexip's video conferencing platform. More than 300 virtual 1-on-1 and group meetings were held in response to strong interest from Nordic and international institutional investors and private customers in Norway and Sweden.

"After primary and secondary market business nearly came to a halt in the spring due to the corona pandemic, the market is open for transactions again. We were able to successfully close several deals in the past few days, once again demonstrating our placement strength. We are benefiting in particular from our leading position in the Nordic financial market and our international investor network," explains Lutz Weiler, CEO of Pareto Securities Germany.

Furthermore, Pareto Securities managed to place a Nordic bond for DigiPlex Norway Holding 3 AS with a volume of around EUR 60 million and a three-year term as the sole manager. The transaction was significantly oversubscribed. The bond volume can be increased to around EUR 129 million due to the flexible bond structure. DigiPlex specialises in providing sustainable and cost-efficient data centres. Since it was founded in 2001, the company has grown to become the largest data centre provider in Norway and the only pan-Nordic operator. It now operates three data centres in Norway, one in Sweden and one in Denmark.

"Efficient ways to generate liquidity are greatly needed in the current situation. At the moment, we are the only provider on the market that can do this for issuers in Germany via a Nordic bond, for example. The fast and uncomplicated processing of the transaction as well as flexible bond structures are a great advantage in this respect. Small and medium-sized companies should therefore always consider the capital market as well," comments Lutz Weiler in light of the current challenging economic environment and tight liquidity situation of many companies.

In the meantime, ICW Holding GmbH, a full-service pharmaceutical provider for the care of the critically ill, has successfully completed long-term senior debt financing of EUR 32 million. Pareto Securities, as the sole lead arranger, made a significant contribution to the realignment and expansion of the financing structure. The new financing comprises a revolving credit facility and loans. Besides the current lenders, new partner banks were included in the newly formed consortium.

As the German branch office, Pareto Securities Germany specialises in advising and implementing financing for local medium-sized companies. Companies can rely on the long-standing expertise of Pareto Securities. Pareto Securities offers a wide range of financial services and implements the appropriate solution for growth financing for capital-seeking companies.

About Pareto Securities
Pareto Securities was established in 1986 and is headquartered in Norway with offices in Denmark, Finland, Sweden, France, Germany, the UK, Switzerland, the USA, Singapore and Australia. Pareto Securities has a leading position in the Nordic financial markets and a strong international presence. Pareto Securities offers a wide range of financial services, including brokerage of equity and fixed income securities, equity, debt and project financing, as well as advisory services in connection with mergers and acquisitions and restructuring.