The Arctic Group is a leading, independent provider of financial services
For those who have received a request to update their client information.
Update now
Arctic Securities acted as Joint Bookrunner in relation to the Private Placement in Northern Ocean Ltd. Through the Offering, Northern Ocean raised gross proceeds of USD 100 million, which will be used to cover remaining ready-to-drill cost for West Mira and West Bollsta, working capital and general corporate purposes. We are grateful for the vote of confidence and congratulate on the successful transaction!
Arctic Securities AS, filial Sverige is acting as sole financial advisor in relation to the Initial Public Offering in 24Storage AB (publ) (“24Storage” or the “Company”).
On Sunday, an Arctic Aurora LifeScience portfolio holding, The Medicines Company announced that it had agreed to be acquired by Novartis in a deal valuing the company at USD 9.7 billion. The Medicines Company has developed a next-generation cardiovascular drug, inclisiran, to treat high cholesterol levels. Inclisiran belongs to a new class of so called RNAi drugs that effectively shuts down expression of specific genes, in this case a gene involved in synthesis of cholesterol. The agreement, being the fourth takeout in the portfolio in 2019, further validates and reinforces Arctic Aurora LifeScience’s strategic approach to focus on innovative technology and treatments that adds value to patients and healthcare systems.
Norwegian Energy Company ASA today closed a USD 175m senior unsecured bond issue in the Nordic market. We are proud of having assisted Noreco on this successful bond offering, which received substantial interest and was placed to quality investors. Arctic Securities congratulates on the successful transaction.
