Norway > Banking and finance (including shipping finance)
Index of tables
Banking and finance (including shipping finance)
Headed by Richard Sjøqvist, Advokatfirmaet BA-HR DA’s ten-partner team is regularly engaged in big-ticket mandates for clients including Nordea Bank, DNB and ABN AMRO. Sjøqvist recently advised various banks and ECAs on an offshore financing deal for Sevan Drilling relating to four drilling rigs. Peter Hammerich is recommended for advice to clients including Sparebank 1 Nord-Norge. Rolf Johan Ringdal, Anders Gullåsen and Terje Sommer are also recommended.
Advokatfirmaet Schjødt AS’ strong corporate connections in sectors such as oil and gas and shipping, as well as with private equity sponsors such as Bain Capital and KKR, ensures the firm receives a significant volume of new money transactions as well as refinancings. Camilla Skøie Mørkve is a ship finance expert and also recently acted for Altor Funds on the refinancing of recycling company Norsk Gjenvinning, one of its portfolio companies, by way of a NOK1.73bn Norwegian bond issuance and a NOK500m senior revolving credit facility. Senior lawyer Dag Thomas Hansson has strengthened the firm’s position among the main banks, including DNB and Nordea, since joining in late 2013. Jon Kristian Sjåtil, Jo Stokke, Viggo Bang-Hansen, Anne Gro Sundby and Wilhelm Damm are also recommended.
Tor Herdlevær heads Selmer’s team, which represents various banks and has a prominent position in various industry sectors. The firm’s relationship with Nordic Trustee ensures that it regularly picks up work on financings with a bank and bond component: it advised DNB Bank, Nordea Bank and Nordic Trustee on the NOK2.75bn refinancing of Norsk Gjenvenning. Regulatory expert Bernt Olav Steinland played a pivotal role in the regulatory aspects of the merger of Sparebanken Sør and Sparebanken Pluss. Christopher Jensen joined from SelmerAdvokatfirmaet Haavind AS.
Thommessen recently recruited Einar Grette from Selmer, and now has increased capability on both the bank and bond side of leveraged transactions. The ‘excellent’ Hans Haugstad heads the nine-partner practice, which has deeply entrenched ties with leading Nordic and international banks including DNB, Nordea and RBS. Haugstad recently acted as special Norwegian counsel to a syndicate of banks led by DNB which provided the debt financing of Capvest’s acquisition of Scandza. Halvor Mansåker and Tore Mydske are also recommended.
Wiersholm’s ‘excellent’, six-partner team represents banks, private equity sponsors and corporates across a range of mandates including acquisition finance, refinancings and working capital provisions. Kaare Sverdrup regularly acts for SEB, including advising it as agent of a NOK1.7bn term loan facility to finance Technopolis’ acquisition of an Oslo office complex. Erik Ramm and Leif Moltke-Hansen are also recommended.
Led by Bernhard Haukali, Wikborg Rein’s five-partner practice provides an ‘excellent service’ to a healthy mix of borrowers and lenders, especially in the shipping and offshore sectors. Haukali recently advised ABN AMRO on the $65m acquisition financing of four chemicals carriers for a new participant in the market. Johan Rasmussen and Alexander Owesen are recommended.
Arntzen de Besche added depth to the team by hiring acquisition finance expert Trond Kildal, who was formerly head of banking and finance at Advokatfirmaet Haavind AS. Recent highlights include Atle Gabrielsen and Paul Sveinsson advising the lenders on the financing of the DKK17bn private equity acquisition of Danish payments provider Nets Holding. Sven Iver Steen is a notable regulatory specialist.
DLA Piper’s six-partner team is increasingly prominent in domestic and cross-border financings. The team regularly handles instructions from domestic and international players such as Handelsbanken, Nordea Bank and J.P. Morgan. Fredrik Lindblom heads the practice.
Advokatfirmaet Haavind AS acts for corporates, private equity firms and banks. Highlights included Peter Brechan advising ISS on a €2.85bn refinancing. Trond Kildal joined Arntzen de Besche and Christopher Jensen moved to Selmer.
Jointly headed by Oslo-based Peter Aall Simonsen and Bergen-based Erik Solheim, Advokatfirmaet Simonsen Vogt Wiig’s 26-strong team is particularly good for asset and project finance. Ingar Fuglevåg continues to represent Norwegian Air Shuttle in various financing and leasing matters. Sindre Walderhaug and Christine Rødsæther are recommended for ship finance.
Advokatfirmaet Grette DA has ‘strong’ transactional and regulatory capabilities and advises clients such as Zurich Insurance, Visa and Swedbank. Børge Grøttjord heads the team, which includes recommended regulatory expert Karl Rosén.
Kluge Advokatfirma AS is particularly well regarded for tax work in the shipping and offshore sectors and has a strong relationship with state-owned export credit company Eksportkreditt Norge. Managing partner Snorre Haukali heads the practice, which has also handled various refinancings for corporates including Marine Harvest.
Headed by Christian Steen Eriksen, Kyllingstad Kleveland Advokatfirma DA’s four-partner team is well known in the offshore and shipping industry and has picked up work for borrowers and lenders on new money transactions and refinancings.
Advokatfirmaet Steenstrup Stordrange DA provides ongoing advice to Banque International à Luxembourg on its involvement in the Norwegian market. Stein Hegdal heads the five-partner team, which also includes regulatory expert Klaus Henrik Wiese-Hansen and the ‘experienced’ Odd Moe.