Business
EQT-backed Enity, a leading Nordic specialist mortgage provider, goes public on Nasdaq Stockholm
EQT is pleased to announce that EQT VII (or "EQT") portfolio company Enity Holding AB (publ) ("Enity" or the "Company"), the largest specialist mortgage provider in Sweden, Norway, and Finland, began trading on Nasdaq Stockholm on 13 June 2025. As part of the offering, the main shareholder, indirectly controlled by EQT, sold shares totaling approximately SEK 1.7 billion (assuming full exercise of the overallotment option).
About this update from Eqt Ab
[{"type":"list","items":[{"val":[{"type":"text","content":"Enity Holding AB (publ), the largest specialist mortgage provider in Sweden, Norway, and Finland, began trading on Nasdaq Stockholm on 13 June 2025.","length":148,"tagName":"p"}]},{"val":[{"type":"text","content":"The offering, which was priced at SEK 57 per share, was oversubscribed more than ten times. The share price closed today, on 17 June 2025, at SEK 71.88 per share, implying a market capitalization of SEK 3.6 billion.","length":215,"tagName":"p"}]},{"val":[{"type":"text","content":"As part of the offering, the main shareholder (indirectly controlled by EQT (as defined below)) sold shares totaling approximately SEK 1.7 billion (assuming full exercise of the over-allotment option). This will result in aggregate gross proceeds of c. SEK 1.2 billion to EQT (assuming full exercise of the over-allotment option).","length":330,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":693,"olType":false},{"type":"text","content":"STOCKHOLM, June 17, 2025 /PRNewswire/ -- EQT is pleased to announce that EQT VII (or "EQT") portfolio company Enity Holding AB (publ) ("Enity" or the "Company"), the largest specialist mortgage provider in Sweden, Norway, and Finland, began trading on Nasdaq Stockholm on 13 June 2025. As part of the offering, the main shareholder, indirectly controlled by EQT, sold shares totaling approximately SEK 1.7 billion (assuming full exercise of the overallotment option).","length":497,"tagName":"p"},{"type":"text","content":"The offering, which was priced at SEK 57 per share, attracted very strong interest from Swedish and international institutional investors as well as the general public in Sweden and Finland, and was oversubscribed more than ten times. As a result of the offering, Enity has more than 25,000 shareholders. The share price closed today, on 17 June 2025, at SEK 71.88 per share, implying a market capitalization of SEK 3.6 billion.","length":428,"tagName":"p"},{"type":"text","content":"EQT acquired Enity, then known as Bluestep Bank, in November 2017. During EQT's ownership, Enity has been transformed into a modern, inclusive, pure-play specialist mortgage provider, enabling people who are not always well-served by the high-street banks to own their home and refinance their unsecured debt. Enity has expanded organically into new...