Mandate

Vinge has advised SCA in connection with the financing of the investment in the Obbola kraftliner mill

July 22, 2020 Banking and Finance

The total investment for Svenska Cellulosa Aktiebolaget SCA (publ) (”SCA”) amounts to SEK 7.5 billion over a five-year period.

The investment will mainly be financed by operating cash flow, complemented by regular group financing activities which consists of, inter alia, the entry into of a facility agreement with export financing elements (including an export financing guarantee from Euler Hermes Aktiengesellschaft). Further details regarding the export financing have not been published.

SCA was introduced on the Stockholm Stock Exchange in 1950 and is today traded on, inter alia, Nasdaq Stockholm. SCA’s press release and further information on the investment is found here.

Vinge’s team primarily consisted of Mikael Ståhl and Ludvig Wettergren.

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