Vinge has advised Scandic Hotels Group on the deal.
Scandic Hotels Group AB announced an offering of convertible bonds raising approximately SEK 1,609 million in gross proceeds and an extension of the existing SEK 6,650m credit facilities.
Scandic is the largest hotel company in the Nordic countries with about 58,000 rooms at approximately 280 hotels in operation and under development. Scandic is listed on Nasdaq Stockholm, Mid cap.
Vinge’s team primarily consisted of Jesper Schönbeck (Picture), Amanda Knutsson, William Kåge, Anders Sundin Lundberg, Louise Brorsson Salomon, Linn Adelwald, Ludvig Wettergren and Rebecka Målquist.
Involved fees earner: Linn Adelwald – Vinge; William Kåge – Vinge; Amanda Knutsson – Vinge; Anders Sundin Lundberg – Vinge; Rebecka Målquist – Vinge; Louise Brorsson Salomon – Vinge; Jesper Schönbeck – Vinge; Ludvig Wettergren – Vinge;
Law Firms: Vinge;
Clients: Scandic Hotels Group AB;