Vinge Logotype
SvenskaEnglish 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises Intrum on its EUR 4.48 billion recapitalisation transaction
Mandate

Vinge advises Intrum on its EUR 4.48 billion recapitalisation transaction

August 25, 2025 Restructuring and Insolvency Banking and Finance Dispute Resolution Capital Markets and Public M&A Financial Regulatory

Intrum AB and its subsidiaries have completed a comprehensive and strategic recapitalisation transaction aimed at strengthening the company's balance sheet and securing its long-term financial stability. The transaction involves a restructuring of Intrum's existing debt portfolio of approximately EUR 4.48 billion and includes, among other things, an extension of loan maturities, write-downs of existing debt instruments, the injection of new capital from certain of the company's noteholders, and a share issue to existing noteholders. The recapitalisation transaction was implemented through a pre-packaged Chapter 11 process in the United States and a Swedish company reorganisation.

The transaction extended the term of Intrum's EUR 1.1 billion revolving credit facility, amended the terms of its EUR 90 million term loan facility, rescheduled and deleveraged its unsecured notes of approximately EUR 3.3 billion (equivalent). Intrum also received new financing of EUR 526 million from certain of its existing noteholders in the form of new notes. In addition, a new issue of shares corresponding to 10% of the share capital was carried out to the company's noteholders.

The recapitalisation transaction was implemented through a pre-packaged Chapter 11 process in the United States and a Swedish company reorganisation to ensure that the effect of the recapitalisation transaction was recognised globally. The recapitalisation transaction also involved an intra-group restructuring that required advice from England, Belgium, Denmark, Finland, France, Greece, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Switzerland, Slovakia, Spain, the Czech Republic, Germany, and Hungary.

Vinge has advised Intrum with a team consisting mainly of Mikael Ståhl, Fabian Ekeblad, and Anna Palmérus, together with Jenny Sandlund, Elin Samara, Oskar Nilsson and Ida Redander.

The team also included Malin Olsson, Kim Larsson, Alicia Olnäs, Olivia Carlsten, Oliwer Vidarsson (Restructuring and Insolvency), Arvid Weimers, Gabriel Chabo, August Ahlin, Rebecka Margolin, Katja Häglund (Banking and Finance), Anders Öhlin, Carl Lönnqvist, Robert Wikholm, Jacqueline Fritzson (Dispute Resolution), Rikard Lindahl (Capital Markets and Public M&A) and Viveka Classon (Financial Regulatory) among others.

Vinge has together with Milbank LLP advised Intrum in all aspects of the recapitalisation transaction. 

 

Related

Vinge has advised Arkivia in connection with a SEK 40 million fundraising

 Vinge has advised the legal tech company Arkivia in connection with a fully subscribed share issue of SEK 40 million with new and existing shareholders. The round was led by node.vc. In connection with the share issue, Arkivia also entered into the Swedish Bar Association’s first framework agreement for a case management system.
October 05, 2026

Vinge has advised Main Capital and Pointsharp in connection with the acquisition of Meaplus AB and Nubibus Software AB

 Vinge has advised Main Capital and its portfolio company Pointsharp in connection with Pointsharp's acquisition of Meaplus AB and Nubibus Software AB. Pointsharp is a Swedish provider of identity and access management solutions as well as secure information exchange, with operations in the Nordics, DACH and Benelux. The acquisition complements Pointsharp's existing offering with capabilities in secure digital communication and strengthens the company's position in the Swedish public-sector market, particularly in the municipal and healthcare segments. The transaction is Pointsharp's sixth add-on acquisition since Main Capital became an investment partner in November 2020.
October 01, 2026

Vinge has advised Main Capital Partners on the acquisition of Confirma Software

 Confirma Software (“Confirma”) is a Nordic vertical software group providing mission-critical B2B software to SMEs in Sweden, Finland, Norway and Denmark. The company operates across five complementary software areas: ERP, Payment Solutions, Financial Solutions, Quality Management Systems and Business Process Solutions. Confirma was founded in 2019 and is headquartered in Stockholm. Supported by approximately 540 professionals, the company serves more than 25,000 customers, including over 500 municipalities, across the Nordics. By combining deep local domain expertise with software embedded in customers’ day-to-day operations, Confirma has developed long-standing customer relationships and a highly recurring revenue profile.
September 25, 2026