Mandate

Vinge advises Concordia Bus in connection with new share issue and refinancing

September 08, 2009

Vinge has advised Concordia Bus in connection with the implementation of a rights issue subject to pre-emption rights for the existing shareholders and the exchange of the company’s existing senior notes in the amount of EUR 130 million for new senior notes. In connection with the rights issue, all of the company’s outstanding preference shares were redeemed. The new issue will generate just over SEK 800 million for the company.

Concordia Bus is one of Europe’s ten largest public transportation groups and the Nordic region’s leading bus transportation group. The group has approximately 7,000 employees and a turnover of approximately SEK 5.5 billion.

The Vinge team consisted of Ola Sandersson, Maria-Pia Midenbäck Hope, Bo Adrianzon, Mattias Schömer, Maria Doeser, Dain Nevonen, Nils-Taro Lock, Elin Hjort and Christian Granqvist.

Related

Vinge has advised SBB and Sveafastigheter in connection with an exchange offer

Vinge has advised Samhällsbyggnadsbolaget i Norden AB (SBB) and Sveafastigheter AB in connection with an exchange offer directed to investors in SBB’s outstanding bonds, whereby investors exchanged senior and hybrid bonds in SBB for new senior bonds issued in Sveafastigheter AB. The existing bonds were partly issued under SBB’s EMTN programme, partly on a standalone basis. Following the transaction, the investors have been slotted in under Swedish bond terms on a standalone basis.
July 09, 2024

Vinge advises Polar Structure AB in connection with its issuance of EUR 81 million senior secured notes through a majority owned subsidiary

Vinge advises Polar Structure AB, a leading developer and owner of infrastructure, in connection with its issuance of EUR 81 million senior secured notes through a majority owned subsidiary. The proceeds will be used to finance the construction of a railway outside Boden, which will connect the existing iron ore line (Sw. Malmbanan) with H2 Green Steel’s new facility for large-scale production of green steel at Boden Industrial Park.
July 04, 2024

Vinge advises Bergs Timber AB (publ) and Bitus A

Vinge advises Bergs Timber AB (publ) and Bitus AB in connection with the divestment of the Fågelfors pellets business to J. Rettenmeier & Söhne. The Fågelfors pellets factory is based in Fågelfors in Högsby. The acquisition is subject to customary regulatory approvals.
July 03, 2024