Vinge advises EQT Infrastructure on the EUR 2.7 billion refinancing for its portfolio company GlobalConnect

June 28, 2021

Vinge advises EQT Infrastructure on the EUR 2.7 billion refinancing for its portfolio company GlobalConnect, the leading supplier of B2B and B2C connectivity and digital infrastructure across Northern Europe. The refinancing has raised further funds for expansion and was backed by a group of 14 Scandinavian and international lenders.

GlobalConnect’s business concept is to enable digitalisation by owning, developing and offering the best infrastructure and communication services for the digital society comprising of construction, maintenance and development of a large and wide-ranging network with fibre-to-the-home connections, access for business and delivery of connected solutions, products and competencies. GlobalConnect’s fibre network of approximately 84,500 km connects all major hubs across Northern Europe, but also provides strong regional capillarity across Sweden, Norway and Denmark as well as strategic positions in Finland and Northern Germany.

The new debt refinances loans which were previously held separately by the Danish-Norwegian GlobalConnect and the Swedish IP-Only, as GlobalConnect and IP-Only were merged during last year.

Vinge’s team consisted of Daniel Rosvall, Karl Klackenberg, Desirée Sjöblom and Nina Gransäter (M&A and Restructuring), Louise Brorsson Salomon and Pauline Lagerstrand (Financing), Mathilda Persson (Commercial Agreements), Kristoffer Larson and Isak Willborg (Real Estate and Construction), Martin Johansson, Hedvig Josefson, Sebastian Örndahl and Joel Kokko (EU Regulatory), Tove Lövgren Frisk (Compliance), Karl-Hugo Engdahl (GDPR), Sara Strandberg (Employment), Maria Schultzberg (Tax) and Viktoria Owetz Leyva and Christoffer Widström (VDR‑specialists).

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021

Vinge contributing to International Comparative Legal Guides

Vinge’s specialists within Maritime and Transport law have been requested to contribute with a chapter explaining the Swedish legislative framework in relation to maritime law in the International Comparative Legal Guides, ICLG.
August 20, 2021

New partners and counsels appointed at Vinge’s Stockholm office

Advokat Sofie Bjärtun, advokat Rikard Lindahl, advokat Malin Malm Waerme and advokat Daniel Wendelsson at Vinge’s Stockholm office have been appointed as new partners as of 1 January 2022. The following lawyers have been elected as counsels at Vinge’s Stockholm office: Advokat Stojan Arnerstål, advokat Amanda Knutsson, advokat Jolene Reimerson, advokat Linnéa Sellström and advokat Filip Öhrner.
July 06, 2021