Our finance team boasts highly skilled and experienced specialists who provide industry-leading advice on various types of financing, including acquisition, project, and general company financing, as well as refinancing and restructuring.
We offer guidance on transactions and top-level regulation to Norwegian and foreign investment banks, financial institutions, loan funds, Norwegian and foreign private equity companies and their portfolio companies, investors, and other market participants in connection with the structuring, negotiation, documentation, and implementation of financing transactions.
Our team specialises in all types of transaction and financing structures used in such cases, including various forms of bank financing, "direct lending" and bond financing (ranging from super senior and senior secured to second lien, mezzanine, PIK loans, convertibles and various forms of hybrid capital).
We are recognised as a leading provider of financing advice in the Norwegian market and remain up-to-date with the latest trends in financing. Our team possesses unparalleled knowledge of the legal aspects of transactions while maintaining a solid understanding of the commercial aspects of agreements.
- Acquisitions and "delivered finance"
- Asset financing, including financing of property, ships, oil and gas and renewable energy
- Project financing
- Corporate and investment grade lending
- Leasing financing and customer receivables financing
- Direct lending
- Bond issuance
- Export financing
- ESG-related financing and green financing
- Public-to-private transactions and IPO financing
|Edda Wind ASA
Wikborg Rein assisted Crédit Agricole Corporate and Investment Bank as agent with the financing of Edda Wind ASA, a Norwegian offshore wind farm service vessel provider, with the financing of three vessels currently under construction.
The transaction team has consisted of Lars-Erik Østerbø, Ellen Margrethe Lien, Nikhil Datta and Jonathan Christopher Page.
|NES Fircroft Bondco AS
Wikborg Rein acted as lead counsel to Pareto Securities AS and ABG Sundal Collier ASA as joint lead managers in connection with the issuance of a USD 450 million senior secured sustainability-linked bond with NES Fircroft Bondco AS as issuer. The net proceeds from the bond issue was used to refinance existing debt of the group and for general corporate purposes. The bonds were issued with an initial issue amount of USD 300 million on 14 September 2022. Wikborg Rein also acted as local counsel to HSBC as agent under a revolving credit facility ranking super senior.
The transaction team has consisted of Stian Tande Mortensen, Stine H. Barstad and Nicolas Hjermind.
|LogCap Holding AS
Wikborg Rein acted as lead counsel to DNB Bank ASA as arranger, agent and lender, in connection with a loan facility to finance the acquisition of 25 property companies and a total of 28 properties in Norway, valued at NOK 4,3 billion. The facility is secured and all 25 target companies acceded as guarantors and granted security in favour of DNB on closing, which included associated financial assistance procedures for all such target companies.
The transaction team has consisted of Johan Rasmussen, Andreas Kjensli Lund, Madeleine Finstad and Nicolas Hjermind.
|Salmon Evolution ASA
Wikborg Rein assisted Nordea Bank Abp, filial i Norge, as agent, with the financing of an innovative land-based fish-farming facility currently under construction by Salmon Evolution ASA. The facility consisted of an ECA-backed construction loan facility and long-term financing. In addition to being a technologically innovative project in a new market segment in Norway, this project was also the first time the Norwegian ECA Eksfin participated in the financing of a land-based fish-farming facility in Norway.
The transaction team has consisted of Lars-Erik Østerbø and Madeleine Finstad.
|Jordane Investments AS
Wikborg Rein assisted DNB Bank ASA as arranger, agent and original lender and Swedbank AB (publ) as arranger and original lender in connection with a term and revolving facilities agreement to Jordanes Investments AS for the purpose of refinance its existing debt.
The transaction team has consisted of Alexander W. Owesen, Andreas Kjensli Lund, Thea Midby and Hermann Rhodén.
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It is with great pleasure that we can announce that once again we have been top-ranked in the annual Chambers Global ranking, strengthening our position as Norway's most international law firm.
This week, the Investment Control Commission – appointed by the Norwegian government in 2022 – delivered its report concerning Norway's foreign direct investment laws. The report proposes significant changes to the current system, ostensibly in order to protect national security interests, and would bring Norway's rules on FDI more in line with some of its European neighbours.
We have assisted DIF Capital Partners (via its DIF Infrastructure VII Fund) and EDF Invest (the investment arm of the EDF Group in real assets) with entering into a definitive agreement to acquire Fjord1, the largest owner and operator of ferries in Norway. Subject to closing of the transaction, Fjord1 will be acquired from Vision Ridge Partners and Havila Holding. Vision Ridge and Havila Holding have been investors in Fjord1 since 2019 and 2011, respectively.