Mandate

Vinge has advised Embracer Group in connection with a EUR 900 million bridge facility agreement entered into with JP Morgan, BNP Paribas, SEB, Société Générale and Swedbank

April 22, 2024 Banking and Finance

Vinge has advised Embracer Group AB (publ) (“Embracer”) and its subsidiary group Asmodee in connection with the entry into of a EUR 900,000,000 financing agreement with JP Morgan, BNP Paribas, SEB, Société Générale and Swedbank and concurrent prepayment of existing Embracer indebtedness.

Embracer is a global group of entrepreneurial businesses in the gaming and entertainment industry, in which Asmodee is a French developer of board games, card games and role-playing games. The financing is an important step in Embracer’s debt refinancing and restructuring program and will be used to refinance Embracer’s existing SEK 8 billion loan with maturity in February 2025, and to reduce the revolving credit facilities by SEK 1 billion to SEK 8 billion.

Vinge’s team consisted of Louise Brorsson Salomon, Albert Wållgren, Felix Möller, Ida Redander and Josef Groow.

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