Banking and finance in Sweden

Advokatfirman Cederquist KB

Operating at an international level for major financial lenders, Advokatfirman Cederquist KB‘s banking and finance team carries out top-dollar leveraged, investment-grade and real estate financing transactions; this work is a field of strength for practice head Johan Lundberg. Key clients include leading Nordic and European banks, and Svante Hultqvist and Per Henriksson handle a high volume of work-outs and restructurings for clients across the lending and borrowing spectrum. Counsel Mirja Sikander is frequently involved in high-value acquisition financing and bridge financing deals for financial institutions across the Nordics.

Practice head(s):

Johan Lundberg

Key clients

Nordea Bank Abp, filial i Sverige

DNB Bank ASA, filial Sverige

Swedbank AB

Skandinaviska Enskilda Banken AB

BNP

Svenska Handelsbanken AB

Goldman Sachs International

Deutsche Bank AG, London Branch

European Investment Bank (EIB)

Danske Bank A/S

Mannheimer Swartling

Fielding an expansive team of banking and finance experts with a pan-European reach, Mannheimer Swartling is a firm of choice for blue-chip financial institutions and listed companies operating in the large-cap segment. Practice head Thomas Pettersson and Therese Jansson drive the robust and growing regulatory offering, which compliments the transactional expertise of Daniel Karlsson, Andreas Zettergren and newly promoted partner Daniel Khayyami. Regular mandates span high-yield bonds, project and acquisition finance work, export finance matters and unsecured liquidity facilities. The group also advises on an increasing number of green and other sustainability-linked transactions.

Practice head(s):

Thomas Pettersson

Testimonials

‘Combination of commercial understanding, deep market knowledge (i.e. what will fly) and good quality of work done.’

‘Trustworthy and pragmatic approach.’

Key clients

Nordea Bank Ab

Danske Bank

Svenska Handelsbanken AB

DNB Bank

Scandinavian Airlines System Denmark – Norway – Sweden (SAS)

Santander

Stillfront Group AB

Swedbank AB

Northvolt AB

Macquarie

Work highlights

  • Acted as lead counsel for Northvolt AB in connection with its project financing to set up Europe’s largest lithium-ion Gigafactory in Skellefteå, Sweden, including the $1.6bn debt raise.
  • Advised Vattenfall on the establishment of a €2bn sustainability-linked multicurrency revolving credit facility between the client and a number of banks as mandated lead arrangers, bookrunners and lenders.
  • Acted as adviser to Stillfront Group in connection with a SEK3.7bn revolving facilities agreement with Swedbank AB, DNB Bank and Nordea Banks as lenders.

Roschier

The finance and restructuring practice at Roschier is heavily focused on lender-side transactions, acting for the largest banks, securities dealers, insurance companies and pension funds operating in the Nordics. Practice head Johan Häger is reputed for his work on direct lending and innovative co-lending structures, having advised on several market firsts in the Nordic bond market. Fredrik Rydin, Harem Mahir, Frida Lantoft and Veronica Stiller handle the entire breadth of asset-backed, project, structured and fund finance transactions, while counsel Carl Brodén leads on restructurings and workouts.

Practice head(s):

Johan Häger

Key clients

Skandinaviska Enskilda Banken

Svenska Handelsbanken

Nordea Bank

Swedbank

DNB Bank

SBAB Bank

Danske Bank

Pareto Securities

Accent Equity

ABG Sundal Collier

Carnegie

Arctic Securities

Polaris

Adapta

Brunswick

EQT

Work highlights

  • Acted as legal adviser to Danske Bank in connection with the SEK4bn sustainability revolving facility agreement for Region Stockholm.
  • Acted as legal adviser to DBT Capital AB in connection with a securitisation warehouse facility up to SEK1bn for Swedish SMEs.
  • Acted as legal adviser to Skandinaviska Enskilda Banken as coordinator in connection with a (i) SEK4bn revolving facility with a tenor of three years with two extension options of one year each and (ii) SEK4bn revolving facility with a tenor of five years with two extension options of one year each, for the City of Gothenburg.

Setterwalls

Setterwalls‘ deep banking and finance bench houses expert practitioners across the entire range of disciplines. Dominant financial institutions including all major Nordic banks instruct co-head Mikael Magnusson, Carl Lindencrona handles a range of debt financing transactions, and co-head Jesper Kuschel leads on high-value real estate transactions for lenders and borrowers. Showcasing his industry reputation, Åke Fors is retained by major government bodies including the Swedish Central Bank to advise on export credit and multilateral lending issues. The regulatory practice, which fields counsel Andreas Löfholm, was strengthened by the recruitment of specialist counsel Tobias Björklund from the Swedish FSA. Jonas Frii also contributes to the practice.

Testimonials

‘A true banking team – it is clear they know what they are doing.’

‘Carl Lindencrona is an excellent lawyer.’

‘Exceptionally hands on and available partners. Always on top of their cases.’

‘Mikael Magnusson and Carl Lindencrona are the ones to note – both great and still hungry partners building their practice into one of the leading firms in Stockholm.’

‘The firm’s banking and finance practice is taking its place as one of the undisputed leaders in the Swedish market.’

‘Mikael Magnusson is by far one of the most hands-on partners that you will find amongst the Nordic top law firms. He combines excellent and relevant advice based on deep industry knowledge. Adding unparalleled project management and focus on the items that really matters for his clients makes him our most appreciated adviser out there.’

Key clients

Swedish Central Bank

The Seventh Swedish National Premium Pension Fund (AP7)

The Fourth Swedish National Premium Pension Fund (AP4)

Swedish Government

Walleniusrederierna

Arise AB

Ness, Risan & Partners AS

Lansa Fastigheter AB

Banco Santander SA

Adapta Fastigheter AB

Swedbank AB

Skandinaviska Enskilda Banken AB

Svenska Handelsbanken AB

Nordea

Helaba

Volvo Treasury AB

Work highlights

  • Advised Citigroup Global Markets Limited, J.P. Morgan AG and Carnegie Investment Bank AB as joint global coordinators and joint bookrunners in connection with CELLINK’s offering of senior unsecured convertible bonds convertible into class-B shares and a class-B share issuance in an overall amount of SEK3bn.
  • Advising Nordisk Bergteknik in connection with a total refinancing of existing loan facilities and a bond loan in connection with an IPO of the shares of Nordisk Bergteknik on Nasdaq Stockholm.

Advokatfirman Vinge

With close, long-standing relationships with Sweden’s regulatory bodies, Advokatfirman Vinge‘s financial services regulation offering is one of the most robust in the market. World-leading banks and alternative lenders retain Emma Stuart-Beck, Fredrik Wilkens and Albert Wållgren to assist with pan-European regulated operations and licensing issues, including under the AIFMD framework. Mikael Ståhl, who spearheads the practice, Fabian Ekeblad and Henrik Ossborn advise on syndicated loans, asset-backed financings, LBO financing work, project finance issues and securitisation deals. Louise Brorsson Salomon handles high-value revolving credit facility agreements and refinancing transactions.

Practice head(s):

Mikael Ståhl

Testimonials

‘Well balanced team both for the work with the loan agreement as well as the ISDA agreement. Quick turn around and good discussions regarding ways forward.’

‘Louise Brorson Salomon – good sounding board.’

‘Vinge’s financial services practice is able to bring substantial strength in depth to the largest and utmost business-critical regulatory matters, while assisting clients with regulatory transactions or SFSA actions. The broad experience on the principal cases in the sector is combined with a commercial perspective, which makes the team solution-oriented, client-friendly and responsive. The team holds a very strong position on the Swedish regulatory market and is an noticeable choice for domestic and international top-tier clients.’

‘Emma Stuart-Beck is a well-known and sought-after adviser within the Swedish financial services sector. Being a person of high integrity, Emma truly understands the full scope of the problem at hand – she is an outstanding financial regulatory lawyer. She successfully leads a dedicated and experienced financial services team.’

‘Very responsive team, always solution oriented, efficient.’

‘Their responsiveness is quite unique in this market, they are very solution oriented and familiar with transaction standards.’

‘Vinge has a broad and very knowledgeable bank and financing group. They work swiftly over a wide range of areas and they know us as client very well.’

‘Mikael Ståhl – Adviser to us since the mid-90s. Mikael knows our business and our core values by heart. Albert Wållgren – young and experienced partner, which is an unusual combination, with good knowledge over the whole field of bank and financing. Albert is also very creative in finding solutions when moving into uncharted territory (regarding i.e. new legislation).’

Key clients

European Investment Bank (EIB)

Helaba

Citibank

Barclays

Standard Chartered Bank

Royal Bank of Canada

Credit Agricole

HSBC

Goldman Sachs

Morgan Stanley

JP Morgan

Deutsche Bank

Swedbank

Nordea

Svenska Handelsbanken AB

Lendify

EQT

Anyfin

Fidelio Capital

Autoliv

Investor AB

Work highlights

  • Advised Vimian AB and the principal shareholder Fidelio Capital AB in connection with three stages of refinancing in preparation of a private placement and subsequent listing on Nasdaq First North Growth Market of Vimian AB.
  • Advised EQT AB in connection with its inaugural €1bn Swedish law revolving credit facility agreement.

White & Case Advokat AB

Combined knowledge of domestic and English law within one Stockholm desk makes White & Case Advokat AB‘s debt finance practice a key choice for multinational corporations, banks and other financial institutions. The practice head trio of Carl Hugo Parment, Magnus Wennerhorn and Oscar Liljeson advises on high-yield bond offerings, MTN programs, bond restructurings, real estate finance work and securitisations. Wennerhorn is also retained by leading fintech companies for advice on complex financial regulatory issues in a pan-European context. Counsel Peter Svantqvist focuses on cross-border acquisition financings.

Other key lawyers:

Peter Svantqvist; David Tayler

Testimonials

‘Very competent team, high availability and and very service minded approach.’

‘Carl Hugo Parment is a particularly strong individual. He delivers on all the qualities you’d expect. On top of that, he ha a very approachable and humble personality.’

‘Provides a window to global knowledge and legal advice essential for many local companies to be able to make better and smarter use of global knowledge and best practice to win locally.’

‘Magnus Wennerhorn is one of few lawyers in Europe who is extremely smart and deal-oriented combined with an unmatched commercial acumen that has turned out to be a key skill in shepherding workouts and complex financing deals across the finish line.’

‘Superb execution and service.’

‘Deep topic expertise across the team; the best lawyers I have worked with on financing / transaction financing.’

‘Oscar Liljeson and David Tayler were crucial in getting the deal across the finish line; never been in safer pairs of hands.’

Key clients

Goldman Sachs

Nobia

Summa Equity

Altor Equity Partners

Accent Equity Partners

Adelis

Klarna Bank

EQT

Trill Impact

FSN Capital

Nordea Bank

Swedish Export Corporation

Swedbank

DNB Bank

Skandinaviska Enskilda Banken

Nordic Capital

Bygghemma Group

Danske Bank

IK Investment Partners

Oatly

SSAB

Trill Inpact

Valedo Partners

H&M Hennes & Mauritz AB

Pareto Securities

Work highlights

  • Advised Klarna on its $650m equity funding round, at a post-money valuation of $10.6bn.
  • Advised EQT on the financing of the acquisition of shares in Beijer Ref AB, representing 29.6% of the shares from Carrier Global Corporation (Carrier), making EQT the largest shareholder of Beijer Ref.
  • Advised H&M on the issuance of €500m sustainability-linked notes due 2029, guaranteed by H&M.

Advokatfirman Schjødt

Led by Emma Berglund Uväng , the practice at Advokatfirman Schjødt acts for a range of Nordic and international bank and financial institutions, alternative credit providers, borrowers, investors and funds managers. Recent highlights span debt financing work, securities issues and regulatory mandates as well as financing and refinancing transactions. Other key names include Eric Halvarsson , senior associate Ida Hermansson and Ylva Forsberg.

Practice head(s):

Emma Berglund Uväng 

Testimonials

‘Excellent team of associates headed by a very competent and engaged partner. Very good partner availability throughout transactions and solid documentation quality and knowhow. Attention to details are high and negotiation power among the partners are equally high. I have nothing but positive remarks for Schjødt’s bank & finance practice.’

‘Eric Halvarsson, very knowledgeable, commercial and strong deal negotiator.’

‘Eric Halvarsson is a very reliable and commercial lawyer.’

‘High partner involvement.’

‘Eric Halvarsson – very engaged in the transactions, good legal mind, very available.’

Key clients

Proventus Capital Partners

Baker McKenzie

Baker McKenzie is approached by top-rate lenders from the Nordics and further afield for assistance with cross-border banking and finance transactions. Practice head Mats Rooth, counsel Camilla Holmkvist and Markus Meuller act for banks and alternative lenders on complex securitisations. Growth segments for the team include leveraged financing work, restructurings and debt capital market transactions. The practice also advises corporate borrowers on high-end financing negotiations, with support provided by associate Georg Jonsson.

Practice head(s):

Mats Rooth

Testimonials

‘Technically strong and work hard for their clients.’

‘Mats Rooth (Partner) and Georg Jonsson (Senior Associate). A great working team, incredibly client focused, combining technical excellence with solution based thinking.’

‘Mats Rooth is a very reliable and commercial lawyer. Very good to work with.’

Key clients

US Bank

Bank of America

Wells Fargo

IVC

FSN Capital GP V Limited

Kindred Group plc

Nordea Bank Abp

Storytel AB

JP Morgan

Danske Bank

Cordet

Nest Capital

Proventus

SCB, Standard Chartered Bank

Ares

Trill Impact

Triton

HSBC

Ture Invest

KKR

Nordic Capital

SEB

Enad Global 7 AB

Media and Games Invest plc

Work highlights

  • Advised Trill Impact on a term loan, capex and revolving facilities agreement with Nordea Bank, in connection with Trill’s acquisition Nordomatic Invest AB.
  • Acted for Nest Capital as lender in connection with amendments of the mezzanine facility agreement provided to Nordward Seafood Group, a portfolio company of Valedo.
  • Advised Nilar International AB in connection with European Investment Bank’s loan to Nilar for its expansion and upgrade of manufacturing lines, with a goal to increase its production of battery systems and finance its research and development in battery technology innovation.

Cirio Advokatbyrå AB

Key areas of banking and finance expertise offered by Cirio Advokatbyrå AB include project finance, real estate finance and acquisition finance knowledge. The group is highly active in the renewable energy sector, having recently completed marquee financing deals for wind farm projects. The client portfolio of practice head Dennis Luttropp Hansson, Jesper Johansson and debt capital markets expert Carl Axel Morvay comprise premier Swedish and foreign banks, alternative debt providers and large corporate sponsors.

Practice head(s):

Dennis Luttropp Hansson 

Testimonials

‘Carl Axel Morvay is in touch with the market, very practical, commercially-focused and super responsive. He is an asset to the firm.’

‘Jesper Johansson is very legally skilled and keeps focus on the important issues.’

‘Solid team with high service-level and client priority.’

‘The team does a great job in balancing commercial terms with case-specific matters. Overall, Dennis Hansson provides credible advice and negotiates well for the client.’

‘The team is responsive, collaborative and adept at problem solving.’

‘Dennis Luttropp Hansson and his team are always a pleasure to collaborate with and are very reliable.’

Key clients

Silicon Valley Bank

Swedbank

SEB

DNB Bank

NordLB

Arctic Securities

Deutsche Pfandbriefbank

Credit Agricole Corporate and Investment Bank

HELABA

Aareal Bank

Rabobank

Sagax

Atrium Ljungberg

Humlegården Fastigheter

BEWI

Nalka

Scandinavian Biogas

Munters

Vitrolife

Riksgäldskontoret (The Swedish National Debt Office)

Edastra

Work highlights

  • Advised Norddeutsche Landesbank and Siemens Bank in connection with the financing of the acquisition and construction of the wind park Hultema.
  • Advised Nalka on the financing for its acquisition of Uniwater AB.
  • Advised Scandinavian Biogas on its issue of SEK700m senior secured green secured bonds (within a framework of up to SEK1.2bn) and a SEK300m super senior RCF. The transaction was the first green high-yield bond on the Swedish market.

Advokatfirma DLA Piper Sweden KB

Lenders and borrowers leverage Advokatfirma DLA Piper Sweden KB‘s pan-Nordic footprint, which is applied to cross-border project financing exercises. Highlights include handling export credit financing transactions for US-based solar power developers, and assisting with a string of term loan facilities for banks and sponsors focusing on the industrial sectors. Björn Sjöberg and practice head Carl Schwieler have strong private debt practices, whereas Mikael Kövamees and newly promoted partner Joséphine Tessmar deal with asset-backed lending mandates. Marianne Ramel is the key name for lenders and borrowers with a Chinese nexus.

Practice head(s):

Carl Schwieler

Testimonials

‘DLA Piper has a very strong banking and finance team, located in different cities. They understand the concerns of lenders and borrowers and have an efficient way to reach agreements.’

‘Competence and experience stand out. Create a long term relationship with the client.’

Key clients

Skandinaviska Enskilda Banken

Ares Management

Savills Investment Management

Swedbank

AddSecure Acquisitions

Round Hill Capital

STG Partners

Credit Suisse Infrastructure Partners

HSH Nordbank

Bergvik Skog

National Westminster Bank

Ardagh Packaging Holdings Limited

Stillfront Group AB

Ocean Bidco Limited (Ocean Outdoor Group)

Credit Suisse Energy and Infrastructure Partners (CSEIP) and Fortum OYJ

Eversheds Sutherland

Primarily active in the international segment, Eversheds Sutherland‘s banking and finance group assists blue-chip financial lenders with the full breadth of transactions. Practice co-heads Philip Heilbrunn and Tord Svensson are particularly adept at handling real estate, aircraft, asset-backed and export finance work. Senior associate Mattias Dacker applies his expertise to the majority of headline matters, while also providing advice on regulatory and fintech issues.

Other key lawyers:

Mattias Dacker

Testimonials

‘Very approachable, very easy to work with, responsive and commercial.’

‘I worked with Tord Svensson as the partner on the transaction. Tord was very approachable, very commercial and pragmatic but also very efficient in project managing a difficult transaction spanning over several months and several jurisdictions.’

‘Great ability to form the right team for each project.’

‘Particularly worth mentioning is Philip Heilbrunn who has a fantastic ability to understand the client’s goal and how to best get there. It is really noticeable that he has a lot of experience also from real life outside the firm.’

Key clients

Invesco Real Estate

Barclays Bank plc

IATA – International Air Transport Association

HSBC Bank plc

BlackRock Investment Management

Nordea Finans Sverige AB

Tessin Nordic AB

Avida Finans AB

Credit Suisse AG

Catella Bank AB

Banco Santander

LaSalle Investment Management

DWS

Schroders AM

JP Morgan Chase Bank

The Royal Bank of Scotland

Work highlights

  • Advised Banco Santander on a series of export credit financings relating to the purchase of trucks from a Swedish seller to Colombian purchasers.
  • Retained by Barclays to give full regulatory and corporate advice on a Swedish restructuring, including the transfer of the bank’s Nordic credit card business.
  • Advised Nordea Finance AB in relation to several multijurisdictional receivable purchase arrangements for confidential key treasury customers to the bank involving several jurisdictions.

Gernandt & Danielsson Advokatbyrå

Gernandt & Danielsson Advokatbyrå‘s banking and finance practice is stacked with partners with an impressively diverse skill set. Predominantly acting for borrowers, co-heads Björn Svensson and Sofie Viktorsson advise on acquisition financings, asset-backed borrowing matters and refinancing mandates, while co-head Niclas Rockborn spearheads the regulatory segment. The team works seamlessly with Mikael Borg‘s debt capital markets practice on debt offerings and syndicated bank loans, instructed by corporate sponsors and financial lenders. Candra Torebring departed to Nybron Advokater in early 2022.

Other key lawyers:

Mikael Bolling

Testimonials

‘Predominantly use Mikael Bolling on complex and highly bespoke financing transactions. Very strong commercial skills, an outstanding work ethic, and always available when we need him.’

Key clients

Nynas

Catena Media

Betsson

Fasadgruppen Group

Svea Ekonomi

Haldex

INEOS

Radisson Hospitality

Peas Industries

Bellman Group/Verdane

Antiloop

Transcom/Altor

Procuritas/Pierce

Work highlights

  • Acted as lead legal counsel to Nynas in connection with its successful SEK9bn reorganisation.
  • Acted as Swedish local counsel in connection with (i) INEOS Quattro Finance 1’s issuance of €500m senior notes and (ii) INEOS Quattro Finance 2’s issuance of €800m and $500m senior secured notes.
  • Advised Fasadgruppen on its SEK1bn working capital financing for general corporate purposes (including acquisitions) entered into in connection with its IPO.

Hammarskiöld

Fielding esteemed banking and finance experts Per Gustav Ektbom, Rasmus Fahlén and practice head Mattias Anjou, Hammarskiöld‘s deep bench is a go-to outfit for credit institutions, financial institutions, debt funds and fintech companies. The group regularly receives instructions pertaining to direct lending, acquisition finance, real estate finance and financial restructuring mandates. Additionally, Anjou has a noteworthy financial regulatory practice advising on authorisations, market regulation, sanctions and other dealings with the Swedish Financial Supervisory Authority.

Practice head(s):

Mattias Anjou

Other key lawyers:

Per Gustav EktbomRasmus Fahlén

Testimonials

‘Great personality and competent staff. They are always helpful and provides quick and relevant help.’

‘Rasmus Fahlén is one of the best lawyers I’ve worked with and he has a very commercial mindset. He is great at breaking down complex problems and establishing consensus and common ground.’

‘Excellent in-depth knowledge and experience of the banking and finance sector, both from working in-house and at the regulator. The team has been growing further, allowing the firm to support us as client in an even more holistic manner.’

‘Mattias Anjou has excellent in-depth knowledge and experience of the banking and finance sector. Mattias is always available, be it for strategic discussions or the quick confirmation of some aspect of applicable law.’

‘They have a very good understanding of the regulatory requirements in Sweden, and are able to support companies within a range of areas both to avoid being regulated and also within the financial regulatory space.’

‘They have a strong understanding of us as a business and focus on finding practical solutions. They are quite clear in their recommendations and are also open to discuss how to do thinks differently than regulated entities have always approached certain issues.’

‘Rasmus Fahlén represents the firm’s strengths. Extremely responsive and always available for his client’s needs.’

‘Mattias Anjou is really standing out vs other lawyers.’

Key clients

Citibank

Mastercard Europe

The Swedish Pensions Agency

Skandinaviska Enskilda Banken

BNP Paribas

Svensk Exportkredit – SEK (Swedish Export Credit Corporation)

KfW-IPEX Bank

DEKA Bank

Fabege

Hypoteket Bolån Sverige AB

Scandinavian Credit Fund

Joh. Berenberg, Gossler & Co

Brunswick Real Estate Capital

Societe Génerale

Rockton Aviation Holding

Nystart Finans

Lunar Bank A/S

Froda AB

Svenskt Industriflyg

Siemens Financial Services

Beacon Rail

Strukturinvest Fondkommission AB

Tagehus Holding

Zensum AB

Vacse AB

Nordic Factoring Fund

Hypoteket Fondförvaltning Sverige AB

Sunna Group (Solar power)

Kvalitena AB

Hannes Snellman

Helming Hannes Snellman‘s finance and restructuring practice, Fredrik Olsson takes the lead on high-yield transactions, LBOs, real estate financings and asset-backed lending mandates. The client roster comprises heavyweight private equity clients on the borrower side, and a number of European financial institutions on the lender side. Carolina Wahlby handles the financing of public offers and through Paula Röttorp, the practice provides a strong financial regulatory offering, covering licensing issues, payment services operations and dealings with the Swedish Financial Services Authority.

Practice head(s):

Fredrik Olsson

Other key lawyers:

Paula Röttorp; Carolina Wahlby

Testimonials

‘Good, solid advice in financing transactions.’

‘Fredrik Olsson stands out with his business minded approach.’

‘Knows exactly what banks want/need.’

‘Down-to-earth approach, clear focus on making even complicated issues understandable, responsive and sharp in advice and consultations with a clear view on the topic, always delivering on time and with great quality. Co-operations internally not visible to client but working perfectly well for end user.’

‘Passionate and very high level competence with a sense of humour. Carolina Wahlby is always delivering the best in all situations with a calm and clear mind even in stressed situations. Fredrik Olsson is a good business partner when needed with solutions to almost every challenge we have faced. Great support and when meeting new people in the organisation you can feel that quality and good customer experience always is in their focus.’

‘The team showed a strong commitment and skills, they gave us good advice and negotiated pragmatically in order to move things forward.’

‘Service minded and pragmatic and explained complicated matters in understandable ways.’

Key clients

Proventus Capital Partners IV AB

Stirling Square Capital Partners LLP

Mekonomen AB

KLAR Partners

Triton Investment Management Limited

Skandinaviska Enskilda Banken AB

Svenska Handelsbanken AB

Paradigm Capital

Aktiebolaget SL Finans

CORDET Lending II S.À R.L.

Polygon AB

Valedo Partners Fund II AB

Vitec AB

FerroNordic AB

Dustin AB

EQT

Work highlights

  • Acted as counsel to Proventus Capital Partners IV AB on its SEK700m loan facility to MatHem.
  • Advised KLAR Partners on its first acquisition and funding arrangements in Sweden, being the acquisition of Sandbäcken from Segulah.
  • Acted as counsel to Dustin Group on the financing in connection with its acquisition of Centralpoint Holding B.V.

Linklaters

As head of Linklaters‘ banking practice, Patrik Björklund‘s diverse skill set is frequently sought out by leading Nordic banks as well as private equity houses. The team’s combined English and domestic legal knowledge is applied to leveraged financings, real estate finance work, asset-backed deals and regulatory matters. Growing areas of recent focus include syndicated corporate lending issues, cross-border restructuring negotiations for both borrowers and lenders, and EKN-backed deals.

Practice head(s):

Patrik Björklund

Testimonials

‘Very good that the Stockholm team has access to the partners at the London office when it comes to questions of what is market practice and not in international deals.’

‘Patrik Björklund is very intelligent and always finds solutions to complex problems.’

‘Patrik Björklund stands out as a very pragmatic and commercially tuned lawyer, able to find simple solutions to solve complex issues.’

Key clients

Skandinaviska Enskilda Banken AB

Triton

Nordea Bank Abp

Svenska Handelsbanken AB

Swedbank AB

Danske Bank AB

DNB Bank ASA

EQT

CBRE Europe Value Partners 2SCSp

Barings Real Estate Advisers Europe Finance

GLL Real Estate Partners GmbH

Work highlights

  • Acted as counsel to Assemblin AB and Triton Partners on (i) an issuance of €100m tap of Assemblin’s existing senior secured floating rate notes due 2025 and (ii) SEK190m RCF increase of Assemblin’s existing RCF to fund Assemblin’s acquisition of Fidelix Holding Oy.

TM & Partners

TM & Partners‘ banking and finance practice maintains an impressive client roster of Swedish and multinational lenders. Jointly led by Cecilia Rudels and Tobhias Brandell, the team regularly handles the full suite of corporate, real estate and infrastructure finance transactions, as well as complex debt capital issuances. Capital restructurings, particularly in the real estate sector, are another area of strength for the group. Eva Sundling is the key name for regulatory advice, including fintech issues, acting for corporates and financial institutions.

Practice head(s):

Cecilia RudelsTobhias Brandell

Other key lawyers:

Eva Sundling

Testimonials

‘Deep experience (the fact that many in the team have worked on the corporate level in our industry is especially important), genuine service, always taking the extra step and initiative to help customers.’

‘We are fortunate enough to work deeply with Eva Sundling, who has been integral to forming our product from a legal perspective. She mixes competence, integrity and ingenuity in a very efficient way.’

‘Competent and nice to work with.’

‘Very responsive, efficient and pragmatic. Contributing to progress without compromising on quality.’

Key clients

AB Private Credit Investors LLC

Alma Property Partners

Aquila Capital

Danske Bank

EQT Credit Fund

Europa Capital Partners

Mölnlycke Holding

Nordea Bank

Norvestor Equity

NREP

Nykredit

Prime Living AB

Samhällsbyggnadsbolaget i Norden AB

Skandinaviska Enskilda Banken (SEB)

Svenska Handelsbanken

Swedbank

Swedish Pelican Self Storage

Work highlights

  • Advising Nordea Bank on the financing of a public offer made by Castellum to the shareholders of Kungsleden to acquire all shares in Kungsleden with the intent to combine the two companies.
  • Advising joint bookrunners, cornerstone lenders, and underwriters on the €2.7bn financing of the EQT owned GlobalConnect Group.
  • Advising the mandated lead arrangers (NatWest, Intesa Sanpaolo and OP Corporate Bank) on the financing of a public offer made through Palace Bidco Oy by West Street Global Infrastructure Partners IV (an infrastructure fund managed by Goldman Sachs Asset Management) to the shareholders of Adapteo.

Advokatfirman Delphi

Led by Berndt Pettersson, Advokatfirman Delphi’s banking and finance department advises Swedish and international banks and financial institutions, funds and corporate borrowers in connection with domestic and cross-border financing transactions. Focus areas include acquisition finance transactions, real estate financings and bilateral and syndicated loans. Christoffer Malmström provides associate-level assistance.

Practice head(s):

Berndt Pettersson

Other key lawyers:

Christoffer Malmström

Testimonials

‘Berndt Pettersson is a very good lawyer, easy to work with and business-minded. He is able to cover both the Swedish and the Finnish market since he had also practiced law in Finland. That adds credibility when working with Scandinavian parties.’

‘Berndt Pettersson is my ‘go to’ finance lawyer in Sweden. He is responsive, pragmatic and the work of him and his team is of a consistently high standard.’

‘Berndt is skilled, dedicated and likeable.’

Key clients

Svenska Handelsbanken AB

Skandinaviska Enskilda Banken AB

OP Corporate Bank plc

Danske Bank A/S, Danmark, Sverige filial

Nordea Bank Abp, Filial i Sverige

Swedbank AB

Modelio Equity AB

JPMorgan Chase Bank, N.A.

Platinum Equity Advisors

York Capital Management UK

Work highlights

  • Advised York Capital Management UK Advisors in connection with the financing of the acquisition by York Capital Management UK Advisors of the Cennox group.
  • Advised Desenio Group AB in connection with the issuance of SEK1.1bn senior secured floating rate bonds for the purposes of, inter alia, financing Desenio Group AB’s acquisition of Poster Store Sverige AB.
  • Advised TA Associates (UK) in connection with the financing of the acquisition of a significant minority stake in DOCU Nordic.

Advokatfirman Lindahl KB

Advokatfirman Lindahl KB‘s banking and finance group is active on both the lender and borrower sides of real estate, acquisition, leveraged and export finance transactions. Instructions are sourced from domestic clients and increasingly from the cross-border segment. Sten Gejrot heads up the practice out of Malmö and Peter Bäverlid, who is based in Helsingborg, is frequently engaged on shipping and transport finance matters.

Practice head(s):

Sten Gejrot

Other key lawyers:

Peter Bäverlid

Testimonials

‘Well balanced team with great local and Swedish competence about the Swedish real estate market.’

‘Sten Gejrot has great knowledge about the market.’

‘The Lindahl team is providing great support and knowledge as well as understanding the way we operate and our needs.’

‘Sten Gejrot’s availability and his ability to pin point risks and discuss those from a both legal and business perspective – with great knowledge about our industry) – are perhaps the most notable things about Sten. In addition he’s extremely skilled and experienced.’

Key clients

Nykredit Realkredit A/S

Nykredit Bank A/S

Deutsche Bank AG

Credit Agricole Corporate and Investment Bank

Collector Bank AB

Pareto Securities AS

K2A Knaust & Andersson Fastigheter AB

LSTH Svenska Handelsfastigheter AB

Ystad kommun (municipality of Ystad)

Beijer Alma AB

Valneva Austria Gmbh

KlaraBo Sverige AB

Scope Capital

Swedish Logistics Property AB

Brinova Fastigheter AB

Roadbridge Limited AB

Work highlights

  • Advised K2A on all financing and capital market transactions.
  • Advising Nykredit on all funding transactions in Sweden.
  • Acting as Collector Banks’s lead legal adviser in Sweden for all finance transactions.

Magnusson Sweden

In addition to leading on major transactional mandates, Magnusson Advokatbyrå‘s banking and finance practice head Robert Karlsson and key partner Caroline Landerfors provide assistance with financial regulatory matters including securities issues, European investment directives and applications to the Swedish Financial Supervisory Authority. The client roster comprises corporate sponsors, investment firms and insurance intermediaries.

Practice head(s):

Robert Karlsson

Other key lawyers:

Caroline Landerfors

Testimonials

‘My impression is that Magnusson really invests in this area and is trying to become the number one legal adviser for Nordic fintechs.’

‘Robert Karlsson has delivered highly valuable technical expertise within the area of investment services/activities as well as ancillary services under MiFID II. In addition to his great technical expertise he also possesses really strong strategic qualities and his ability to navigate an often complex regulatory landscape with ease and a great deal of clarity is really impressive!’

‘Deep knowledge with regards to regulatory questions.’

‘Robert Karlsson is a truly outstanding adviser with a vast knowledge of the regulatory frame-work and a solid true north.’

Key clients

Fondo Solutions AB

Lysa AB

Spotlight Stock Market

Wisory Group AB Endeavour Mining Corporation

Söderberg & Partners Insurance Consulting

Amudova AB

Alfred Berg Kapitalförvaltning AB

Work highlights

  • Acted as Swedish legal counsel to Endeavour Mining Corporation in Endeavour Mining’s acquisition of SEMAFO, a company listed on TSX and on Nasdaq Stockholm.
  • Providing advice to the investment firm Lysa AB on a range of issues, including the rules regarding suitability and appropriate assessments, inducements, conflicts of interest, product governance and information to customers under the revised EU directive for markets in financial instruments.

Wigge & Partners

Clients of Wigge & Partners‘ banking and finance group include international banks, funds, investment companies and corporate borrowers. The team fields dual-qualified English and Swedish co-head Lisa Antman, co-head and private equity expert Anders Morén and real estate finance leader Stefan de Hevesy. Recent matter highlights pertain to debt refinancing negotiations, loan agreements on behalf of the European Investment Bank, acquisition finance transactions and leveraged transactions.

Practice head(s):

Lisa Antman; Anders Morén 

Other key lawyers:

Stefan de Hevesy

Testimonials

‘- Highly dedicated team with consistently high standards and attention to details – Always accessible and fast in execution.’

‘A true stand-out partner is Lisa Antman.’

‘Knowledgeable. Capable of putting forward our uniqueness vs other borrowers towards lenders’.

‘Fast and competent.’

Key clients

Altor

Areim

EQT Real Estate

Procuritas Capital Investors VI Holding AB

Credit Suisse International

European Central Bank

Bluestep Bank

Nyfosa AB

Brunswick Real Estate

European Investment Bank

Willhem AB

Kvalitena AB

Gränges AB

Rabbalshede Kraft AB

Citibank

Brofund Equity AB

Wistrand

Headed by Håkan Lindgren in Stockholm and Kristofer Selvin in Gothenburg, Wistrand‘s banking and finance team acts for borrowers and financial lenders, including international banks and investment funds, on export finance work, real estate deals and financial regulatory matters. Anne-Marie Pouteaux and Selvin spearhead the highly regarded ship finance practice.

Testimonials

‘The Wistrand team offer excellent and timely legal advice. Easy access to highly valued specialist competencies constitute an excellent asset for us. Wistrand offer services and competencies that enable truly meaningful and efficient solutions and advice.’

‘Monica Petersson is our main contact person at Wistrand. She has an outstanding ability to work efficiently and is solution oriented. She keeps an excellent balance between the broader picture while also keeping an eye on important details. She truly is an exceptional partner. Also easy to reach which is extremely important since a lot of issues need to be solved with very tight deadlines. She has a valuable network and a practical approach. Really exceptional in communicating.’

‘Kristofer Selvin is hardworking.’

‘Monica Petersson is a very knowledgeable banking and finance partner. She is very to the point and adapts her services to your needs. She is keeping track of things from one file to another, is on top of things and has often been the “memory of the case”. Reliable and efficient and easy to work with.’

‘Wistrand has an exceptional banking practice led by very strong finance partners and a talented group of associates. Their advice is always on point and they are highly responsive.’

‘Ulf Forsman is a distinguished banking practice veteran who has superb analytical skills and is able to navigate clients through complex legal issues. His guidance is invaluable to his clients.’

‘Knowledgeable team.’

‘Håkan Lindgren, Partner. Our firm has worked with him for almost two decades and he is very knowledgeable, a solid negotiator and an overall great guy.’

Key clients

Niam

SEB

AB Svensk Exportkredit

Catella Real Estate AG

Citibank

ISDA

Euroclear Sweden AB

Westdeutsche ImmobilienBank AG

Akademiska Hus AB

Danske Bank

PNC Bank, National Association

Credit Agricole Bank

SBB (Samhällsbyggnadsbolaget I Norden AB)

EQT

Mycronic AB

The City of Gothenburg

Work highlights

  • Advised Niam Nordic VII LP in connection with an acquisition financing in relation to a property portfolio located in commuter hubs in the Stockholm area.
  • Advised the Municipality of Gothenburg in connection with two revolving credit facility agreements.
  • Acted as legal adviser to Danske Bank in connection with term loan facilities provided to a Swedish-listed real estate company.