Questions & Answers

  • How are foreign securities taxed?
  • Is it possible to keep non-listed securities in an regular ISK?
  • What will happen if AML is denied?
  • What is the difference between a bond and a regular loan note?
  • Can bammer Sverige AB be connected to the risk in any offer?
  • What is meant by GDV?
  • Is not traditional bank finance less costly than bond financing from the open market?
  • If a company fails to pay investors as of contracts, what happens?
  • Is there anywhere I can see official information about the companies, similar to allabolag.se?
  • Further questions?

How are foreign securities taxed?

The Swedish capital profit tax is 30%. Double taxation, with both Swedish and another country's taxation rate does not occur. Lower tax rates may be achievable if using a capital insurance for non-listed securities, which is provided by for instance Kaptena (www.kaptena.se)

Is it possible to keep non-listed securities in an regular ISK?

No. It needs to be a capital insurance specifically for non-listed companies. Kaptena is an example of a company providing this (www.kaptena.se).

What will happen if AML is denied?

If transfers have been made, they will be retransfered. It is possible that further control questions will be asked and that another decision will be made.

What is the difference between a bond and a regular loan note?

Generally, there is a very slight difference. It may defer in that a bond is a loan note issued to the owner of the certificate whereas a loan note is issued to a specific person. There may therefore be differences in the onboarding processes. In the offering structure, nothing need to differ.

Can bammer Sverige AB be connected to the risk in any offer?

No. As bammer never forms part of any agreement, bammer can never be associated with the risk in any offer. If bammer ceases to exist, all communication between investors and issuer is done between the two parties of the agreement (which, in most part, is the case anyway when an agreement is in place).

What is meant by GDV?

Gross Development Value expresses the value of property developments, sometimes also a property developer.

Is not traditional bank finance less costly than bond financing from the open market?

The biggest problem with traditional bank financing is that it may take a long time for a decision to be made. If a company has more possibilities of dictating the terms and may start to raise funds sooner, several companies prefer to start a project sooner and in the end potentially pay a couple of bps more for their financing. The common case is of course that bank- and bond financing are combined

If a company fails to pay investors as of contracts, what happens?

The company will likely try to postpone payments to investors. If the company's situation is beyond saving, the company will be put into liquidation. An initial payment problem will likely tried to be solved with a delayed payment. In most offers, a trustee has been appointed in advance to drive the liquidation process and to defend investors' interests in this situation. The trustee will in most cases have first legal charge on the assets of the company which will be ranked parallell to other potential entities with first legal charge. Most often, these are, if any, institutional investors. The company's assets are then divided, equal share for part of total debt, to investors with first legal charge.

Is there anywhere I can see official information about the companies, similar to allabolag.se?

It can be found in: https://beta.companieshouse.gov.uk/
Search is made on the company number.

Further questions?

Tel: +46 8 - 121 584 50
08.00 - 18.00