Vinge acted as Swedish counsel for the lenders UBS Limited, Deutsche Bank AG, Danske Bank A/S and DNB Bank ASA in connection with the bathroom manufacturer Sanitec’s refinancing through the issue of corporate bonds to a value of EUR 250 million with a maturity date in 2018 and a new revolving credit facility amounting to EUR 50 million. Sanitec will use the funds to repay old loans and provide dividends to the company’s shareholders.
Vinge’s team consisted of responsible partner Fredrik Wilkens and associates Emma Stuart-Beck, Malin Sund, Helena Håkansson and Sabina Börjesson and associate Martin Folke in relation to real estate issues.