Baker McKenzie’s team in Stockholm has a strong reputation for its equity capital markets expertise, handling a high volume of domestic and cross-border matters, including IPOs, and advising issuers, underwriters, and domestic and international investment banks. Practice head Joakim Falkner represents late-stage private and publicly-traded companies, investment banks, investors, shareholders and sponsors in relation to pre-IPO transactions, IPOs, primary share issuances, and preferential rights offerings, among other matters. Henric Roth has a broad practice, with particular experience in the technology and life sciences sectors. Stefan Balazs works on both the equity and debt side, including in connection with IPOs, preferential rights issuances, bond listings, and MTN programmes.

Bird & Bird’s capital markets team in Stockholm specialises in equity-side matters, particularly in the mining and technology spaces. Practice head Ola Lidström acts for issuers, underwriters, shareholders and bidders, and is increasingly active in alternative investment market mandates, concerning small-cap, speculative enterprises listed on the London Stock Exchange. Jan Byström left the firm in May 2023 to join Advokatfirman Lindahl KB.

Advokatfirman Cederquist KB’s capital markets team has a client base consisting of large and mid-cap listed companies, investment banks, and several major private equity funds, advising in relation to a wide range of issues on both the debt and equity side, including IPOs, bond issuances, and securitisation work. The practice also increasingly acts as a high-yield bond financing arranger for Nordic banks. Fredrik Lundén, who has considerable experience advising issuers and underwriters on IPOs, leads the ECM team, which also includes Wilhelm Lüning. Per Henriksson leads the DCM team, recently advising on tier 1 and 2 notes, high-yield and convertible bonds, as well as MTN programmes. Johan Lundberg is also a key contact, focusing on securitisations and high-yield bond offerings, among other debt transactions.

Cirio Advokatbyrå AB’s Stockholm-based capital markets team has broad experience in both equity and debt transactions. Recently, the team has been especially active on the equity side, handling IPOs, share issuances, and corporate spin-offs, notably in the technology, life sciences, healthcare, energy, infrastructure and real estate sectors. Annika Andersson, with over 20 years’ experience advising major Swedish and international companies, leads the ECM practice, while Dennis Luttropp Hansson heads up the DCM department. Banking and finance lawyer Jesper Johansson also offers DCM expertise to issuers and arrangers, especially concerning high-yield and investment-grade bonds.

Advokatfirman Delphi’s capital markets practice has an established reputation for its work on small and mid-cap matters, particularly in the life sciences space. Practice head Andreas Wirén advises issuers and underwriters on IPOs, rights issuances, incentive programs, and private placements, while transactions head Mats Dahlberg has considerable experience in IPOs, spin-offs, and accelerated book buildings. Having joined the firm in September 2023 from Hammarskiöld, Sandra Broneus adds experience in advising Swedish and international clients on IPOs and capital raisings.

DLA Piper Sweden’s capital markets team handles high-level equity-side mandates, ranging from IPOs to reverse takeovers, with a client base that includes major international players in the financial services, transport, and consumer goods sectors. Practice head Richard Folke has considerable experience in the capital markets field, recently focusing on defensive capital raisings, including in relation to Chapter 11 proceedings. Peder Grandinson advises underwriters and issuers on IPOs and other ECM transactions.

Eversheds Sutherland’s capital markets team advises a large number of early and growth-stage domestic companies in connection with IPOs and reverse takeovers on the Swedish exchanges. Johan Engström, with ECM experience in the tech, gaming, financial services, life sciences and crypto spaces, leads the team alongside managing partner Gabriel Albemark. Senior associate Mark Falkner handles IPOs, rights issuances, and accelerated book buildings.

Gernandt & Danielsson Advokatbyrå’s capital markets team is fluent in all aspects of both debt and equity transactions, with particular strength in the real estate, IT, and banking sectors. With over 20 years of experience, Mikael Borg leads the debt capital markets team, which assists major corporations as well as mid-market companies in raising funds through debt securities. Carl Westerberg and Fredrik Palm provide leadership on the equity side, with the team offering expertise in a wide range of matters, including IPOs, directed issuances, private placements, and preference shares issuances. Manfred Löfvenhaft and Gustav Skogö Nyvang are both key contacts, standing out for their ECM work, while Sofie Viktorsson regularly handles cross-border debt transactions.

Hammarskiöld’s capital markets team handles both equity and debt transactions, with a particularly strong reputation for advising domestic clients on access to primary and secondary markets, market regulations, and stock exchange issues. Carl-Johan Pousette, with experience in IPOs, public takeovers and exchange offers, heads up the team alongside corporate bonds expert Rasmus Fahlén. In 2023, Sandra Broneus left the firm for Advokatfirman Delphi.

Advokatfirman Lindahl KB’s equity capital markets group is well known for its expertise in both regulated and alternative markets, handling matters primarily on the issuer side. Practice head Dennis Westermark has considerable experience in IPOs, capital raising, incentive programs, and takeovers. Monica Lagercrantz, managing partner of the firm’s Stockholm office, handles a broad range of transactional and regulatory ECM matters, including disclosure and market abuse issues.

Linklaters’ capital markets team continues to offer broad debt and equity-side expertise, covering rights issuances, IPOs, accelerated bookbuild offerings, high-yield bonds, and MTN programmes. The team regularly handles domestic and international matters for high-profile corporate and financial clients, and recently advised underwriters in relation to a €500bn convertible bond placement. Practice head Charlotte Levin has considerable experience advising corporate and financial institutions on a range of matters, including public-to-private transactions and IPOs. Nima Naderi is the key name at managing associate level.

Mannheimer Swartling’s experienced and comprehensive Stockholm-based capital markets practice handles a wide range of matters, including IPOs, rights issuances, high-yield and investment-grade bonds, private placements, sustainability-linked bonds, regulatory capital issuances, and securitisation work. The department is split into dedicated debt and equity teams, led by Patrik Marcelius and Thomas Pettersson respectively. Daniel Karlsson specialises in high-yield and investment-grade bonds, domestic and international funding programmes, and sustainable capital markets products. Emil Boström regularly advises leading private equity houses on ECM matters, while Gustav Glimblad has experience representing arrangers, issuers, and other stakeholders on a broad spectrum of issues. Nina Svensson departed the firm in February 2023.

Roschier’s Stockholm-based capital markets practice handles a broad range of debt and equity transactions, including IPOs, private placements, high-yield and investment-grade bonds, and securitisations. The integrated team works closely with colleagues in the firm’s other departments as well as with law firms across Europe and the US to offer clients advice in relation to complex cross-border matters. DCM group head Johan Häger has considerable experience advising domestic and international banks, private equity investors, and large corporates, with expertise in the high-yield bond market. ECM practice head Pontus Enquist regularly represents sponsors, issuers, and underwriters in relation to IPOs and rights issuances. Ola Sandersson has recently led on re-domiciliation and IPO mandates, and Christoffer Benninge excels in ECM and public M&A work.

Advokatfirman Schjødt’s capital markets group, which is part of the firm’s integrated Nordic/UK transactions department, handles a high volume of ECM mandates, including IPOs and share issuances, with notable strength in the fintech, green tech, mining, and life sciences sectors. Ylva Enquist leads the practice, with Emil Hedberg playing a key role.

Setterwalls’ capital markets group focuses on handling equity matters for issuers as well as advising on major main market IPOs. The team is particularly well known for advising clients in the life sciences and pharmaceuticals sectors and also has a strong presence in the real estate and energy industries. Marcus Nivinger and Ola Grahn jointly lead the practice. Senior associate Axel Helle’s broad practice covers IPOs, private placements, capital raisings, and regulatory issues.

Snellman’s capital markets team has a strong track record in advising issuers, financial advisers and other market participants on a range of matters, including IPOs, equity and debt offerings, derivatives, and private placements. Practice head Mattias Friberg specialises in ECM mandates and has handled domestic, regional and international transactions for 25 years. Ola Åhman leverages his insolvency experience to advise on defensive equity raisings.

TM & Partners’ equity capital markets practice handles stock exchange listings, public takeovers, and capital raisings, among other matters, primarily as issuer counsel. Practice head Johan Wigh offers broad expertise covering IPOs as well as rights and shares issuances. Jonas Hämälä joined the firm from an in-house role in January 2024, bringing considerable finance sector experience.

Advokatfirman Vinge’s leading capital markets practice, which is strong on both the debt and equity sides, is especially well known for its expertise in IPOs, high-yield and investment-grade bonds, directed issuances of shares and equity derivatives, and secondary market securities trading work, among other areas. The department’s diverse client base includes public companies, private equity and venture capital sponsors, and investment banks. Jesper Schönbeck in Stockholm, Erik Sjöman in Malmö and Helsingborg, and Anders Strid in Gothenburg jointly lead the team. Schönbeck has considerable expertise in IPOs and directed share issuances, while Sjöman specialises in takeovers and equity offerings. Louise Brorsson Salomon stands out for her handling of securitisations and medium-term note programmes, while Mikael Ståhl leads the firm’s DCM offering.