Shearman And Sterling

News Dec 15, 2020

NKT’s DKK 1.31 Billion Rights Issue

Shearman & Sterling advised Danske Bank A/S, J.P. Morgan Securities plc and Nordea Danmark, filial af Nordea Bank Abp, Finland in connection with NKT A/S’ (NKT) DKK 1.31 billion capital increase by way of a rights issue, which was completed on December 15, 2020.

Headquartered in Denmark, NKT is a leading provider of power cable products and solutions with cost-effective and technologically advanced production facilities around Europe including its largest sites in Karlskrona, Sweden, and Cologne, Germany, and sales offices around the world, contributing to the digital age of the fourth industrial revolution and the global transition to renewable energy. 

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