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Catena Raises SEK 2.8bn in Directed Share Issue to Fund Nordic Logistics Expansion

Story Highlights
  • Catena raised about SEK 2.75 billion via a directed share issue to institutional investors, executed at a modest discount to recent market prices.
  • Proceeds will support a SEK 9 billion Nordic logistics portfolio acquisition, expansion into Finland, and leverage reduction, while preserving capacity for further investments.
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Catena Raises SEK 2.8bn in Directed Share Issue to Fund Nordic Logistics Expansion

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Catena Media ( (SE:CTM) ) has shared an update.

Catena has carried out a directed share issue of 6,036,010 new shares, raising approximately SEK 2.75 billion before transaction costs at a 3–4 percent discount to recent trading levels, with strong participation from both Swedish and international institutional investors, including major shareholders Backahill and WDP. The equity raise is intended to support a potential SEK 9 billion acquisition of a 20‑property Nordic logistics portfolio that would mark Catena’s entry into Finland and extend its weighted average lease term to more than seven years, while also funding ongoing development projects and preserving a conservative balance sheet by materially lowering leverage and providing investment headroom of SEK 2.5–3.0 billion for further opportunities in Finland, Sweden and Denmark.

The most recent analyst rating on (SE:CTM) stock is a Sell with a SEK1.50 price target. To see the full list of analyst forecasts on Catena Media stock, see the SE:CTM Stock Forecast page.

More about Catena Media

Catena AB is a Stockholm-listed property company specialising in the long-term development and management of sustainable, efficient logistics facilities. Its strategically located assets serve major Scandinavian metropolitan areas and are tailored to current and future goods flows, with a stated objective of generating strong operating cash flow to support sustainable growth and stable returns. As of 31 December 2025, Catena’s property portfolio was valued at SEK 44.5 billion and its shares trade on Nasdaq Stockholm’s Large Cap segment.

Average Trading Volume: 196,484

Technical Sentiment Signal: Strong Sell

Current Market Cap: SEK129.1M

For a thorough assessment of CTM stock, go to TipRanks’ Stock Analysis page.

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