Banking and finance (including shipping finance) in Norway

Arntzen de Besche

The ‘outstanding’ team at Arntzen de Besche has notable strength across the banking and finance spectrum, including providing shipping, energy, and real estate finance, banking litigation, and financial regulatory advice. Trond Kildal heads up the team and stands out for his significant experience advising domestic and international lenders on acquisition financings. Karl Rosén is a key contact for complex financial regulatory matters, while the ‘very capable and commercially oriented’ Vidar Løhre takes point on restructuring and debt capital work, and Siril Visnes handles bilateral financing agreements and syndicated financings. Also in the core team is Atle Stensrud, who has particular experience handling financing transactions in the aviation and oil and gas sectors.

Practice head(s):

Trond Kildal

Other key lawyers:

Karl Rosén; Vidar Løhre; Siril Visnes; Martin Gunnheim; Atle Stensrud


‘The AdeB team is very hands-on and always available, with a high degree of partner involvement. Their employees are perhaps the most solution-oriented lawyers we have worked with.’

‘Vidar Løhre: Very solution-oriented, available, commercially-minded, and a great guy to work with.’

‘We use Siril Visnes on various transactions, as well as other work where she can provide added value to us from her background as an in-house lawyer.’

‘We have worked closely with Vidar Løhre and Martin Gunnheim on a number of cases. They show strong commitment and attention. They are proactive in addressing potential issues and get deeply engaged in each case. We are very satisfied with the counsel we have received and appreciate working the the Arntzen de Besche team.’

‘Vidar Løhre is extremely personable and attentive. Very capable and commercially oriented, and always a pleasure to work with due to his positive attitude and pragmatic approach.’

‘Atle Stensrud is highly skilled, with great attention to detail combined with a solid grasp of the overall objectives. Very pleasurable to work with and always fully in control of the deal process.’

‘Vidar Løhre goes beyond other competitors by building relationships that are trust based through great advice, efficient processing and staffing the best suited to each transaction. Vidar has a great commercial aspect, on top of his market knowledge and experience, which ensures friction free processes.’

‘The team is outstanding when it comes to insight in financial regulations in Norway and EU. They are always in front and it makes it easier to adapt changes.’

Key clients


Pareto Securities AS

Goldman Sachs International

Nordea Bank Abp

Citibank N.A., London Branch

Bank of America Europe

If P&C Insurance

Shearwater Geoservices Holding AS


Danske Bank A/S

Scandinavian Airlines System (SAS)

Fearnley Securities AS

Pandion Energy

Arctic Securities

BNP Paribas S.A.

ABN Amro Bank N.V.

SpareBank 1 SR-Bank

Work highlights

  • Representing Global Loan Agency Services Limited as Agent and Glas Trust Corporation Limited as Security Agent on behalf of a large syndicate of lenders and bondholders in connection to a €500m secured note and a €450m senior secured note.
  • Representing and assisting JP Morgan AG (as agent) and Wilmington Trust (London) Limited (as security agent) for three separate syndicates of lenders, in an aggregate €836m financing of Hurtigruten Group, including thirteen expedition cruise ships, and involving a subsequent reorganisation of the group.
  • Assisting the Norwegian public company NTS ASA with the negotiation of secured banking facilities of NOK8.5bn to be used for, inter alia, the acquisition of the Norwegian public company Norway Royal Salmon ASA.


Acting for an impressive client roster that includes both lenders and borrowers, BAHR stands out for its large team and strength in large-scale domestic and cross-border transactions. Richard Sjøqvist leads the firm’s overall finance group, while Ida Marie Windrup heads up the banking sub-division. Sjøqvist has a broad practice that covers syndicated lending, acquisition finance. and finance regulatory work, while Windrup, who is dual-qualified in England and Wales and Norway, has particular strength in handling financings in the maritime sector. Markus Nilssen takes point on structured finance work.

Practice head(s):

Richard Sjøqvist; Ida Marie Windrup

Other key lawyers:

Markus Nilssen; Peter Hammerich; Magnus Tønseth


‘Team with excellent cooperation abilities.’

‘They have a broad team of experts and also sufficient capacity to stagger cases well and give them required priority.’

‘Ida Marie Windrup is our new go-to partner at BAHR. She provides excellent service to banks and is very hands-on. She is always ready to discuss complex issues and turn the table in our favour in discussions with borrowers.’

‘The team is efficient and delivers on time.’

‘Strong knowledge of what terms are usually acceptable, able to advise on negotiation strategy.’

Key clients

DNB Group

Sparebank 1 Gruppen


Sparebanken Vest

Sparebanken Sør

Export Finance Norway (Eksfin)


Skandinaviska Enskilda Banken AB

Nordea Bank Abp

Norvestor Equity

Aker Group

HitecVision Advisory

Argentum Asset Management

Work highlights

  • Assisted Aker Solutions ASA with the refinancing of its NOK3bn corporate RCF, which is being provided by 10 European banks.
  • Assisted DNB as agent and security agent in connection with NOK4.2bn revolving credit financing for Kredinor AS in connection with its merger with the Modhi Finance-group.
  • Assisted SalMar with raising NOK14.5bn in new debt facilities in connection with a large and complex public M&A transaction involving five publicly listed companies.

Advokatfirmaet Schjødt

With notable strength in shipping finance, the banking and finance team at Advokatfirmaet Schjødt regularly handles a broad range of financial matters for clients in the offshore, oil and gas, real estate, and infrastructure sectors. The team is jointly led by Peter Bugge Hjorth and Kaare P. Sverdrup; Hjorth focuses his practice on restructuring and insolvency work and financing litigation, while Sverdrup, who joined the firm in 2023 from Wiersholm, assists large corporates and borrowers with various forms of financing, including project financings and refinancings. Camilla Skøie Mørkve is a key contact for ship financing and also handles high-yield bond and direct lending mandates, while Erlend Brun Bakken is a key name for clients in the oil and gas sector. Sunniva Kinsella joined the practice in 2024 from Advokatfirmaet Simonsen Vogt Wiig.

Practice head(s):

Kaare P. Sverdrup; Peter Bugge Hjorth

Other key lawyers:

Camilla Skøie Mørkve; Erlend Brun Bakken; Sunniva Kinsella


‘A very strong competence in the area combined with swift, pragmatic and short response and handling time. Particularly the pragmatic approach that has saved us hours on the assignments, and the network towards the other legal firms that enable a good dialogue where the best way forward can be agreed before the process starts.’

‘I work with Camilla Skøie Mørkve. I find her very competent, accurate and easy to talk to. She is always prepared, she is good at explaining legal logic to a layman and translate legal agreements. She is available when required and takes the time necessary.’

‘Excellent availability, experience and knowledge about our industry and corresponding financing solutions.’

‘Erlend Brun Bakken; Honest feedback/excellent commercial understanding/solutions oriented.’

Key clients


Nordea Bank

Skandinaviska Enskilda Banken (SEB)

Crayon Group Holding ASA

Nordic Trustee AS




Danske Bank A/S


Arctic Securities

Pareto Securities



ABG Sundal Collier

Work highlights

  • Assisted all the lenders (Nordea Bank Abp, filial i Norge, Skandinaviska Enskilda Banken AB, Danish Ship Finance, SMBC Bank International plc and ABN AMRO Bank N.V.) to Wallenius Wilhelmsen ASA with the refinancing of all of its existing debt relating to its shipping businesses.
  • Assisted the finance parties, Crédit Agricole Corporate and Investment Bank (CA-CIB) as Agent and Maquarie Capital (Europe) Limited as Sponsor, in connection with the largest PPP project ever in Norway (the RV555/Sotra Link project).
  • Assisted a consortium consisting of Deutsche Bank AG, Cross Ocean Partners and TSY Group Ltd. (a subsidiary of Seatankers) with the acquisition of NIBC Bank N.V.’s and ABN AMRO Bank N.V.’s portfolios of loans/facilities in the offshore sector.

Advokatfirmaet Thommessen AS

Praised by clients for its ‘very strong, commercially minded’ team, Advokatfirmaet Thommessen AS‘ banking and finance offering spans the full range of financial matters, with a recent highlight showcasing its advice to Danske Bank regarding the sale of its Norwegian personal banking business to Nordea. Ellen Teresa Heyerdahl heads up the firm’s banking and finance practice, working alongside Tore Mydske, who leads the financial regulatory sub-group, another core area of expertise for the firm. Hans Haugstad has a particular focus on cross-border financings and acquisition finance, while Kristoffer Hegdahl takes point on debt restructuring and corporate insolvency work. At associate level, Hedda Leikvang is also recommended for her acquisition financing expertise.

Practice head(s):

Ellen Teresa Heyerdahl; Tore Mydske

Other key lawyers:

Hans Haugstad; Faraz Ahmed Ali; Kristoffer Hegdahl; Hedda Leikvang


‘Thommessen has a very strong financing team that covers all aspects of our business needs, from regulatory issues to transaction work.’

‘Hans Haugstad is a natural go-to guy for most kinds of financings. He is very pleasant to work with and good at project management and keeping a transaction going.’

‘Hedda Leikvang is an up and coming star from Thommessen, highly regarded for her skills and effective way of leading transactions in a positive way.’

‘Excellent project management expertise for complex problems. Strong legal competence with a “can do” attitude.’

‘The team handles without problem everything from the most complicated syndicated financing structure case to a plain vanilla bilateral bank financing transaction. The composition of the team is also well balanced and fits together efficiently.’

‘The partners Ellen Heyerdahl, Hans Haugstad, and Kristoffer Hegdahl, and managing associate Faraz Ahmed Ali are hard working, well experienced and top qualified lawyers in different roles of the team. They deliver expert advice both individually and as a team that stands out.’

‘A very strong, commercially minded team with excellent legal knowledge.’

‘Ellen Teresa Heyerdahl is very knowledgeable and very good at seeing and explaining the bigger picture, to assist clients with decision-making.’

Key clients


Nordea Bank Abp

Danske Bank A/S

Svenska Handelsbanken

Skandinaviska Enskilda Banken AB

Eksfin (ECA)

Pareto Securities AS

ABG Sundal Collier ASA

Nordic Corporate Bank ASA

Euronext Oslo Børs

Pareto Alternative Investments AS

Storebrand ASA

Swedbank AB

Sparebank1 Gruppen AS

Seadrill Limited

Sparebank 1 SR-Bank

Finance Norway

Kommunal Landspensjonskasse (KLP)

Gabler Investments AS

Pareto Bank AS

Oaktree Capital

Elkem ASA

B2Holding ASA




Work highlights

  • Advised Danske Bank A/S with the sale of Danske Bank’s personal banking business in Norway to Nordea.
  • Advised Goldman Sachs Asset Management on its NOK6.6bn acquisition of Frøy ASA, including in the financing of the acquisition with a syndicate of banks.
  • Advised Swedbank AB on the asset sale of (i) a loan portfolio to Sparebank 1 SR Bank ASA and (ii) investment banking business related to M&A and high-yield bonds to Sparebank 1 Markets AS in 2022.


Fielding a ‘highly competent‘ team of lawyers, Wiersholm has a solid track record in assisting both domestic and international clients across several industries, including the shipping and offshore, energy, seafood, and real estate sectors, on the full range of finance matters. Practice head Atle Gabrielsen is ‘one of the best’ and stands out for his debt financing expertise on both the borrower and lender side. On the shipping finance front, Kristine Hasle is the key contact, with extensive expertise in cross-border financings and sale and leaseback transactions; she is ably assisted by Kristian Wangsfjord. Petter Thomren Moltu, described as a ‘class act,’ assists lenders and borrowers in the renewables and energy sectors on acquisition financings, cross-border restructurings, and debt capital markets transactions. Audun Dahle-Nedrelid joined the team in March 2024 from BAHR, and Kaare P. Sverdrup left the team in 2023 and is now at Advokatfirmaet Schjødt.

Practice head(s):

Atle Gabrielsen

Other key lawyers:

Kristine Hasle; Petter Thomren Moltu; Kristian Wangsfjord; Audun Dahle-Nedrelid


‘They know what they’re doing, don’t make a fuss about it or raise arguments when there is no need, and just get the job done. Very collaborative and pleasant to work with. ’

‘Petter Thomren Moltu is the partner I work with most. Like others in his firm, he’s just a class act, quietly gets on with it and delivers for the clients.’

‘Wiersholm always delivers highly competent and diversified teams composed of resources with different professional expertise and resources who are able to understand the industry and know the company well.’

‘The customer feels important and prioritised, and they always provide the right resources in meetings. They work quickly and efficiently, are flexible and solution-oriented.’

‘Extremely service minded and professional firm.’

‘Wiersholm has a very strong financing team that covers all aspects of our business needs, from regulatory issues to transaction work. They are particularly strong in bank financing (corporate, leveraged, project finance, shipping, offshore).’

‘Atle Gabrielsen is one of the best and most sought after banking & finance lawyers in Norway. He delivers superb work in a nice and friendly atmosphere, making both lenders and borrowers satisfied.’

‘Kristine Hasle and Kristian Wangsfjord have excellent qualities in bank, finance and shipping that we need.’

Key clients

Skandinaviska Enskilda Banken AB

Handelsbanken, Norwegian Branch of Svenska Handelsbanken AB

SpareBank 1 SR-Bank ASA


Nordea Bank Abp, Filial i Norge

Maritime & Merchant Bank ASA


Danske Bank A/S

Swedbank AB


SFL Corporation Ltd

Flex LNG Ltd

Work highlights

  • Advised Aneo, a joint venture between utility company TrønderEnergi and the private equity sponsor HitecVision, on a NOK2.5bn loan facility agreement to finance future growth and M&A activity within the renewable space.
  • Advised Flex LNG Ltd over a period of 16 months during which the company conducted a comprehensive refinancing of all ships in the Flex LNG fleet.
  • Advised Danske Bank on a $125m committed and $25m uncommitted revolving credit facility agreement to leading energy data company TGS.

Wikborg Rein

Wikborg Rein‘s ‘highly competent and efficient‘ banking and finance offering stands out for its strength in transactional work, particularly in the heavy industry, shipping and energy sectors. A recent area of focus for the firm is ESG financing, with the group seeing an uptick in activity relating to green and sustainability-linked loans. The team is now jointly led by Johan Rasmussen and Andreas Kjensli Lund. Rasmussen has a broad practice with notable expertise in shipping and offshore-related finance; Lars-Erik Østerbø is another key name here. Lund was promoted to partner in 2023 and is recommended for corporate financing and real estate financing work. Also in the core team are debt financing expert Stian Tande Mortensen and Alexander Owesen, who specialises in assisting investment banks, financial institutions, and private equity houses with financing transactions and restructurings.

Practice head(s):

Johan Rasmussen; Andreas Kjensli Lund

Other key lawyers:

Stian Tande Mortensen; Alexander Owesen; Lars-Erik Østerbø; Stine H. Barstad; Madeleine Finstad


‘WR provides a highly competent and efficient banking and finance team with in-depth knowledge in all fields relevant for us as a client.’

‘Johan Rasmussen, Alexander Owesen and Andreas Kjensli Lund gathered in one firm makes this the most able provider of law services to financing transactions in Norway. Stian Mortensen is one of the top debt capital markets lawyers, and this team is highly qualified to deliver high quality work on short notice.’

‘You get a lot of partner attention.’

‘Stine H. Barstad is very talented. Johan Rasmussen is always available and is very hands on on the matters of which he is partner in charge.’

‘Johan Rasmussen is always a pleasure to work with. He is a very experienced lawyer who is “hands-on” in the cases he takes on. His experience within drafting of agreements and knowledge of the banking market is outstanding. He knows what we as a client need and makes sure that the transaction works as smoothly as possible.’

‘Lars-Erik Østerbø is a good communicator with excellent skills in shipping and fisheries.’

‘Andreas Kjensli Lund remains in good control even in complex syndicated deals and handles the documentation and any legal issues with a steady hand.’

‘Madeleine Finstad gives a solid impression in her field and is handling and organising the documentation process in large financings in a very competent manner.’

Key clients


Nordea Bank Abp

Skandinaviska Enskilda Banken AB

Danske Bank A/S

Svenska Handelsbanken AB

Eksportfinansiering Norge

BNP Paribas

ING Bank N.V

Crédit Agricole Corporate and Investment Bank

Credit Suisse AG


Maritime & Merchant Bank ASA

Work highlights

  • Advised NG Group in connection with a NOK3.7bn sustainability-linked facilities agreement to refinance the group’s existing debt.
  • Advised Crédit Agricole Corporate and Investment Bank as agent on the financing of Edda Wind ASA, a Norwegian offshore wind farm service vessel provider.
  • Advised the agent and the lenders on the provision of a senior secured green construction, term and revolving facilities agreement to the Norwegian land-based salmon farming company Salmon Evolution Norway AS.

Advokatfirmaet Haavind AS

Acting primarily for clients on the borrower side, Advokatfirmaet Haavind AS‘ full-service banking and finance offering has recently also seen an increase in lender-side mandates, particularly in the acquisition financing and renewables financing spaces. Ellen Schult Ulriksen and Hans-Christian Donjem jointly oversee the team; Donjem has extensive experience advising private equity clients and financial institutions on corporate financings, bonds and restructuring work. Regulatory advice is another core area of strength for the group; Kasper Formo Asplin is the key name here. At associate level, the ‘very talentedChristoffer Baisgård and Helen Xu are recommended for their expertise in restructuring and insolvency matters and financial regulatory issues, respectively.

Practice head(s):

Hans-Christian Donjem; Ellen Schult Ulriksen

Other key lawyers:

Helen Xu; Christoffer Baisgård; Kasper Formo Asplin


‘High competency and very solution oriented. Highly available and responsive.’

‘The team is highly capable and pragmatic. Kasper Formo Asplin is service-minded and creative, while Hans-Christian Donjem is an excellent leader of the team. Christoffer Baisgård and Helen Xu are also very talented.’

‘They are all friendly people, easy to talk to, and catch your legal questions and the commercial context with ease. Excellent legal professionals.’

‘Industry and detailed company knowledge, quick response time, strong team.’

‘Full-service in terms of competence/coverage. High level of attention. Knowledgeable.’

‘Experienced and easygoing.’

‘Hans-Christian Donjem has strong industry knowledge and has a valuable combination of commercial mindset, always finding creative and practical solutions to complex legal and financial challenges with tailored advice, high ethical standards and integrity, and strong team building skills.’

‘Kasper Formo Asplin is a pragmatic and valuable adviser in the regulatory landscape, and he is always available and ready to assist. His deep understanding of the banking and financial services industry, including the familiarity with the specific products, services, and operations of banks, is very valuable.’

Key clients

BlackRock Investment Management

Aprila Bank ASA

Axactor ASA

Telenor ASA

Bank2 ASA

Alimenation Couche-Tard Inc.

Aider Konsern

Santander Consumer Bank AS

Pareto ASA

Carnegie AS

Work highlights

  • Advised Axactor ASA on its €545m refinancing spanning seven jurisdictions.
  • Advised Alimentation Couche-Tard Inc. on the Norwegian law aspects of its successful RCF increase.
  • Advised Raufoss Development AS on its successful refinancing of existing credit facilities.


With notable strength in debt financing work, Selmer attracts praise for its ‘always available and proactive’ team. Christopher Jensen heads up the team and takes point on acquisition finance matters, at both a domestic and cross-border level. Per Morten Christiansen has a broad practice that includes advice on syndications and bond issuances, while Tor Herdlevær is the key contact for ship finance work. On the regulatory side, Bernt Olav Steinland acts for investment companies and asset managers, advising on issues relating to proceedings before the Financial Supervisory Authority of Norway. Marte Aarøe is also recommended for her bank and bond market financing experience.

Practice head(s):

Christopher Jensen

Other key lawyers:

Per Morten Christiansen; Marte Aarøe; Bernt Olav Steinland; Tor Herdlevær


‘Always available and proactive. Their team is focused on the customer’s needs and they are good at providing balanced advice where they are not afraid to stick their neck out and take a stand.’

‘Per Morten Christiansen is always available and “on the ball”.’

‘We have used Selmer consistently over the last 20 years, during which our company has grown a lot. Selmer has been able to provide to the point advice that has helped us achieve this position. The lawyers at Selmer know us and our industry better than anyone.’

‘Per Morten Christiansen and senior associate Marte Aarøe seamlessly provide us with new financing packages allowing for continued growth. The Selmer team work very efficiently with us.’

‘The team is polite and responsive to the questions we have. It is all about people.’

‘Responsive and have good competence in their areas, particularly Per Morten Christiansen and Tor Herdlevær.’

Key clients

Eksport Finance Norway

SpareBank 1 SMN

Sparebanken Vest

SpareBank 1 SR-Bank

Sparebanken Møre

Sparebanken Sør

Eidesvik Offshore

Ekornes QM Holding group

Bertel O. Steen group

Europris group

Solør Bioenergi group

Arctic Securities

Advokatfirmaet Simonsen Vogt Wiig

With strength in export financing, aviation finance, and ship financing work, Advokatfirmaet Simonsen Vogt Wiig‘s broad banking and finance offering operates out of the firm’s offices across Norway. The ‘pragmatic, knowable, and extremely effectiveHalvor Klingenberg and Eivind Eliassen jointly lead the team from Oslo and Bergen, respectively. Peter Aall Simonsen takes point on large syndicated debt transactions as well as asset-based financings in the shipping and renewables sectors, working alongside the ‘professionally strongStig Strand, while Christine Rødsæther is the key contact for cross-border transactions and restructurings in the maritime industry.

Practice head(s):

Halvor Klingenberg; Eivind Eliassen

Other key lawyers:

Stig Strand; Peter Aall Simonsen; Sveinung Rostad; Christine Rødsæther


‘They are effective and easy to work with and they have a pragmatic and commercial approach which makes them stand out.’

‘We are particularly pleased with the work of Eivind Eliassen and Halvor Klingenberg. Halvor is notable in the Norwegian market and is pragmatic, knowable and extremely effective.’

‘Very good knowledge on both finance, regulatory and industry. They take time to explain and go through everything with the client.’

‘Simonsen is a very professional institution with deep (shipping) knowledge. They are always solution driven without sacrificing a lender’s security position. They meet timelines, due to the proactive and very dedicated team.’

‘We have dealt most with Peter Aall Simonsen and his team, specifically Sveinung Rostad. They are all excellent. The direct, person-to-person approach is welcome, and you always feel like you have the appropriate amount of partner attention.’

‘Stig Strand has an extremely good level of service. Professionally strong business lawyer with a broad shipping and finance background. Writes very well, and is proactive in relation to what should and must be done in various processes.’

‘SVW frequently proves to have the most engaged prime tier legal partners, offering quality documents and sound business acumen in discussions while ensuring constant serviceability.’

Key clients


Nordea Bank Abp

Skandinaviska Enskilda Banken AB

Swedbank AB

ING Bank N.V.

NIBC Bank N.V.

Pareto Bank ASA

Maritime & Merchant Bank ASA

SpareBank 1 SR-Bank ASA


Export financing Norway

Work highlights

  • Advised lenders such as DNB Bank, Nordea Bank and ING Bank on numerous bilateral and syndicated facilities relating to the financing of vessels owned and/or acquired by company groups such as Golden Ocean, Frontline, DHT and Songa Tankers/Blystad.
  • Advised Hima Seafood Rjukan AS on the project financing of an innovative land-based aquaculture project in Rjukan, Norway.
  • Advised Tibber AS and its subsidiary Tibber Norge AS on structuring and negotiating their financing arrangement for the purpose of financing the purchase of electricity in Norway.

CMS Kluge

Leveraging the firm’s international network, CMS Kluge offers a full-service practice that regularly acts for domestic and international clients on large domestic refinancings and lending work, as well as cross-border financings into Norway. Snorre Haukali and Dag Thomas Hansson lead the team; Haukeli is noted for his work for corporate borrowers, particularly in the telecoms and technology sectors, while Hansson has a broad practice that spans corporate finance, acquisition finance, and shipping finance mandates. Ida Johanne Bohmann has significant experience working on project finance matters, including those relating to wind farm project developments.

Practice head(s):

Snorre Haukali; Dag Thomas Hansson

Other key lawyers:

Ida Johanne Bohmann


‘I recommend them for their competency, availability and knowledge/experience within banking and finance. Very good collaboration with the team.

‘Dag Thomas Hansson – his competence, broad experience, seniority. Very pleasant to work with. Ida Johanne Bohmann is competent, service minded.’

‘Dag Thomas Hansson provides excellent and efficient services.’

‘Dag Thomas Hansson is always available for discussion, responds very quickly and is flexible if a transaction/scope changes along the way.’

‘Reliable and knowledgeable regarding financing within our sector.’

‘Ida Johanne Bohmann – very detail-orientated and quick to respond in detail to any requests, very knowledgeable about the company’s business. Snorre Haukali – Very reliable, long-standing relationship and knows everything there is to know about the company’s history – invaluable when negotiating.’

‘Well-composed team, different skills and experience.’

‘Reliable and good expertise.’

Key clients

Armada Credit Partners

Danske Bank



Norske tog


DLA Piper

DLA Piper handles asset-based lending work, export finance matters, and real estate financings for leading domestic and international banks. Practice head Børge A Grøttjord has particular expertise in public infrastructure and real estate finance work, as well as cross-border debt transactions. Erik Ramm handles loan workouts and restructuring mandates, while Camilla Wollan takes point on financial regulatory work. Vibeke Søvik Lindberg joined from an in-house position in March 2023, strengthening the group’s ship finance offering.

Practice head(s):

Børge A. Grøttjord

Other key lawyers:

Camilla Wollan; Erik Ramm; Vibeke Søvik Lindberg


‘The team is very good. Broad set of expertise. It’s the broadness and depth of knowledge which sets them apart from other law firms.’

Key clients

KLP Kommunal Landspensjonkasse

Gjensidig Forsikringsselskap


Credit Suisse


CHC Group


Armada Credit Partners

Macquarie Infrastructure and Real Assets

Silicon Valley Bank

UBS Asset Management


Wheatsheaf Group

Danske Bank

Realkapital Eiendom

Odal Vindkraftverk

Cloudberry Production/Cloudberry Clean Energy (Cloudberry)

Nordic Wind Power

Azrieli Group




Bill Kill

Confirmasoft Holding

Aeternum Capital

Sparebanken Øst

Equip Capital

Green Mountain




Address Group

Coburn Resources Pty. Limited

Work highlights

  • Advised KLP on all matters in relation to a NOK2.2bn bond refinancing.
  • Advised DEAG on the issuance of an unsecured bond under Norwegian law of up to €100m.
  • Advised Parc Bidco, a part of the Equip Group, in relation to a NOK429.5m loan agreement and refinancing of existing debt.

Advokatfirmaet Grette AS

Real estate financings is a core area of strength for Advokatfirmaet Grette AS‘ banking and finance team, and the group has a solid track record advising pubic infrastructure bodies and government entities on project finance work and financial contracts. Andreas O Myrstad leads the team, which also includes Erik Alsvik Skogsbakken and Johan Christian Kongsli. Skogsbakken primarily focuses on debt financings, including the establishment and restructuring of bilateral and syndicated bank loans, while Kongsli takes point on regulatory issues in the financial services industry.

Practice head(s):

Andreas O Myrstad

Other key lawyers:

Johan Christian Kongsli; Erik Alsvik Skogsbakken

Key clients

SpareBank 1 Markets AS

ABG Sundal Collier ASA

Avinor AS

Norske tog AS

Coöperatieve Rabobank U.A.

National Westminster Bank plc

Deutsche Bank AG

Standard Chartered Bank

Landesbank Baden-Württemberg

Scala Eiendom AS

FORTE Vannkraft AS

Swiss Life Asset Management AG

Caterpillar Financial Services AS

Olav Thon Gruppen

Societe Generale

Kevin. EU UAB

Banco Santander

CRX Markets AG


Work highlights

  • Advised Norske tog AS in connection with issuance of notes under its €1.75bn Euro Medium Term Note Programme, and the update of the programme in 2022.
  • Advised Landesbank Baden-Württemberg in connection with the refinancing of a €350m revolving credit facility.
  • Advised FORTE Vannkraft AS in connection with an up to €165m term loan facility.

Kvale Advokatfirma DA

Fielding a ‘continuously available and hands-on’ team, Kvale Advokatfirma DA‘s banking and finance offering acts for large financial services clients on complex refinancing and restructuring transactions. The ‘super attentiveHillevi Torngren Myhre heads up the practice and handles a broad range of financing transactions, including bond loan, derivate, and structured product work, in addition to financial regulatory matters. Stine Snertingdalen is praised for her ‘huge depth of talent and expertise‘ in insolvency-related banking finance matters, as well as her broad experience advising on the full range of refinancing structures. At associate level, Stephanie Brungot is recommended for acquisition financing work.

Practice head(s):

Hillevi Torngren Myhre

Other key lawyers:

Stine Snertingdalen; Stephanie Brungot


‘The Kvale team has been continuously available and hands-on in our projects. They have demonstrated a solution-oriented approach and dedication to progress. Hillevi Torngren Myhre has handled matters delicately and professionally, her team displaying great collaboration and communication skills throughout the transaction.’

‘Hillevi Torngren Myhre is super attentive and quick. Combines great legal skills with practical and solution oriented advice.’

‘Many lawyers with different backgrounds. Complementary subject areas in one place.’

‘Solution oriented. Service minded and very good communication skills.’

‘All of the partners I’ve worked with have extensive restructuring experience and are capable of managing complex restructuring transactions.’

‘They bring truly deep expertise and a willingness to play a hands on role in guiding companies through complex and challenging processes. The people on the team were the differentiator here – top talent with great ability to work with an executive team and bring them along in the process.’

‘Stine Snertingdalen has a huge depth of talent and expertise. Her availability and work style is fantastic and she has a hugely positive impact on the outcome of the process. On top, she is a superb practitioner. Goal oriented, commercially astute and very direct in her advice.’

Key clients

DNB Bank

Collector Bank

Collector Bank, Norway branch

Danske Bank

Nordea Bank

Arctic Securities

Nordic Trustee

EksFin (Export Finance Norway)

Nordic Mining

Sparebank 1 SR-bank

SpareBank 1 Østlandet

Sparebanken Møre

Skue Sparebank

Valdres Sparebank

Sogn Sparebank


Agder Sparebank

Gordon Brothers

Work highlights

  • Advising Nordic Mining and its subsidiary Nordic Rutile on a financing package of $270m in total, to be used for construction of the first new mine in Norway in circa 40 years. The financing package consists of a combination of convertible loan, bond loan, royalty agreement and equity.
  • Advising a shipowner as borrower in respect of a NOK1bn ship financing arranged by a syndicate of banks and the Norwegian export credit agency.
  • Advising a European private equity company on its acquisition financing of a Norwegian company in the bitcoin business.