Vinge has advised Legres AB (publ) (part of the Sergel Group) in connection with its issuance of SEK 325 million senior secured bonds and the amendment of the terms and conditions for its subordinated bonds.
Progrits consists of ten businesses that develop specialised solutions within transport and logistics, vehicle digital solutions and integrated e-commerce. The B2B software company simplifies and automates customer information handling and workflows for approximately 5,000 Nordic and international customers.
The fund – which is Fidelio Capital’s third – has secured more than EUR 1 billion in total capital commitments from an international investor base, which is more than triple the size of the total capital commitments of its previous investment mandate.
Vinge advises Tele2 AB (publ) in connection with its issuance of senior unsecured fixed rate notes in an amount of EUR 500 million and its parallel tender offer in respect of its previously issued notes due 2024.
Vinge advises Procuritas Capital Investor VII (“Procuritas”) in connection with its acquisition of PropTech Sweden AB (“PropTech Sweden”) and its subsidiaries Axcell Fastighetspartner AB (“Axcell Fastighetspartner AB”) and Ömangruppen Svenska AB (“Ömangruppen”).
Vinge advises the sellers, represented by Litorina V Fund, in connection with the divestment of JOHBECO AB (including its Swedish and Finnish subsidiaries Johan i Hallen & Bergfalk) to METRO FSD Holding GmbH, an indirect subsidiary of international wholesaler METRO AG.
The fund has received total commitments of EUR 407 million. Procuritas is a private equity firm focusing on Nordic buyout investments in small to medium-sized companies operating in, e.g. software development and the production of niche products.
Vinge advises Ramirent AB in connection with its acquisition of JIAB Hyrcenter (consisting of the companies JIAB Hyrcenter AB and JIAB Boden AB). Ramirent thereby further strengthens its position in Norrbotten and as the largest machine rental company in Sweden.
Vinge has advised Svea Bank AB (the “Company”) in connection with its issuance of additional tier 1 capital (AT1) of SEK 300 million to optimise its capital structure.
Vinge has advised Danske Bank A/S, Danmark, Sverige Filial in connection with the signing of a new SEK 750 million credit facility for Svenska Retursystem Aktiebolag.
Vinge has advised Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) in connection with the distribution of the shares in Neobo Fastigheter AB (publ) (”Neobo”) to the A and B shareholders in SBB. The resolution on the distribution was adopted at the Extraordinary General Meeting of SBB on 21 December 2022 and the distribution was carried out on 30 December 2022.
Vinge has advised Sandvik AB (publ) and Sandvik Treasury AB (publ) in connection with the entry into of a EUR 500 million loan agreement with the European Investment Bank (EIB). The loan will support Sandvik’s investments in research and development (R&D), which include advanced solutions in component manufacturing as well as solutions for electrification and automation in mining and infrastructure.
Vinge has advised Svenska Handelsbanken in connection with a SEK 500 million sustainability linked revolving credit facility with Byggmax Group AB (publ) as borrower.
