Mandate VINGE ACTED AS SWEDISH COUNSEL IN CONNECTION WITH SANITEC’S REFINANCING

June 28, 2013

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.

Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020