Setterwalls‘ banking and finance practice group remains active, fielding high-value matters from a range of international and national banks, private equity houses, and borrowers in a broad range of industries. The group provides a comprehensive service, with extensive experience in advising on regulatory matters alongside syndicated loan agreements. Mikael Magnusson is noted for his work on real estate financing, Jesper Kuschel works alongside, with experience in complex cross-border work. Tobias Björklund specialises in financial regulatory issues. Jonas Frii is another key contact. These partners lead the team, working from offices in Stockholm, Malmö, and Göteborg.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality

Testimonials

Collated independently by Legal 500 research team.

  • ‘Mikael Magnusson and Carl Lindencrona are available and eager to assist. They have a great sense of commercial understanding and are very solution-oriented. Great to work with.'
  • ‘Carl Lindencrona is in our view one of the leading lights of Swedish banking law, a very effective lawyer who has always delivered great results for us.'
  • ‘Mikael Magnusson and Carl Lindencrona are always available and very keen to deliver high-end products. ’
  • ‘Setterwalls’ banking and finance team combines deep legal expertise with a strong commercial mindset, delivering advice that is both practical and business-oriented. Partners like Mikael Magnusson and Carl Lindencrona are highly skilled negotiators who excel in legal project management and finding balanced solutions in complex transactions. ’
  • ‘Setterwalls’ banking and finance team combines exceptional technical expertise with a pragmatic, client-focused approach, making them a trusted choice for complex transactions. They stand out for their responsiveness, collaborative mindset, and innovative use of technology and flexible solutions.’
  • ‘Carl Lindencrona and Mikael Magnusson stand out for their deep expertise, commercial mindset, and exceptional availability. They consistently deliver clear, solution-oriented advice and are highly approachable, making complex matters smooth and efficient to handle.’

Key clients

  • AB SKF
  • Arise AB
  • Art-Invest Real Estate
  • Banco Santander SA
  • Bokio Group AB
  • Bulten AB
  • Danske Bank
  • Helaba
  • Lansa Fastigheter AB
  • Nordea
  • Pamica Group AB
  • Skandinaviska Enskilda Banken AB

Work highlights

Representing blue chip company SKF, a world-leading roller bearing manufacturer listed on NASDAQ Stockholm in securing a EUR 430 million financing for R&D of sustainable technologies.
Representing Ziklo Bank AB, a market leading car leasing bank, on its entry into of a SEK 3 billion acquisition facility relating to the purchase of a car lease portfolio from Volvo Cars.
Advising Selected Waste-To-Life Fund and its subsidiary Regenergy Frövi AB, which specialises in leveraging industrial waste streams to advance sustainable food production, in a debt investment and refinancing of green bonds of EUR 89 million from Goldman Sachs Alternatives.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Mikael Magnusson; Jonas Frii; Jesper Kuschel; Tobias Björklund

Other key lawyers

Carl Lindencrona