2.7.2014

Nordea, Danske & Swedbank – We Advised the Lenders in Luvata Fabrication Oy’s Loan Arrangement

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We acted as lead counsel for the lenders, Nordea Bank Finland Plc, Danske Bank A/S, Danske Bank Oyj and Swedbank AB (publ) in a transaction whereby revisions were made to the Finnish law facilities agreement for Luvata Fabrication Oy and its subsidiaries and to the related intercreditor agreement. The total amount of
the revised facilities was approximately EUR 180 million.

Luvata Fabrication Oy is part of the international Luvata Group, a leading metal products manufacturer.

We bore overall responsibility for the transaction on a turn-key basis: scheduling the transaction, preparing the documentation and coordinating advice in all jurisdictions related to the transaction.

In addition to a tight schedule, the transaction was challenging because collateral is located not only in Finland, but also in various states in the US as well as in England, the Netherlands, Thailand, Malaysia, Hong Kong and China, among others.

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