Snellman acted as legal counsel to Incore Invest’s EUR 130 million bond issue made for the purpose of acquiring CoreOrchestration from Worldline, a transaction that closed last week. The bonds will be listed on Nasdaq Transfer Market, with a subsequent listing on Nasdaq Stockholm’s Corporate Bond List.
At the heart of CoreOrchestration is PaymentIQ, a SaaS payment orchestration platform built to help merchants centrally manage, optimise and scale payment flows across providers and markets.
Snellman’s advisory team for the bond comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg, Anton Eriksson and Edvin Matton (Capital Markets). As previously communicated, Snellman’s core advisory team for the M&A transaction comprised Miklos Kovacs Scherlin, Alexander Lindqvist, Nadine Lågland, Sophia Engdahl, and Adam Jatta Kölin (Private M&A).