Mandate Vinge has advised the arranging banks in connection with Svenska Handelsbanken’s issue of Convertible Additional Tier 1 Capital in the amount of MUSD 500

February 19, 2019

Vinge has advised Morgan Stanley & Co. International plc and the other arranging banks consisting of Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, Svenska Handelsbanken AB (publ) and UBS Limited in respect of Swedish law in connection with Svenska Handelsbanken’s issue of Additional Tier 1 bonds in the amount of approximately MUSD 500.

The bonds are perpetual instruments without a final maturity date, without the right of premature redemption during the first five years and with an automatic conversion to class A shares in the event that the bank’s core equity capital falls below a certain level. 

The issue will strengthen the bank’s core equity capital by 0.6 points. The issue will be subscribed and allocated to the arranging banks on 22 February 2019. 

The bonds will be listed on Euronext Dublin. 

Vinge’s team consisted of Mikael Ståhl, Josefine Larsson, Malte Hedlund and Paulina Malmberg.
 

Vinge contributes to IUMI Eye

International Union of Marine Insurers (IUMI) is preparing for its first web based conference – Stockholm 2020 – of which Vinge is a proud sponsor. In the latest edition of IUMI Eye, published just in time for the conference, Vinge’s Paula Bäckdén and Sweden Insurance’s senior advisor Mikaela Tamm discuss the implications of waiving liability limitations.
September 15, 2020

Vinge – Best law firm for female business lawyers

Vinge has been awarded “Best Nordic Business Law Firm for Women” at the European Women in Business Law Awards which took place in London on 10 September. For the eighth time, Vinge has won the award as the law firm which has been most successful in relation to its gender equality work.
September 10, 2020

Clarification of the interpretation of ”nearest suitable railway station”

Road transport performed by Samskip Sia in Sweden has been confirmed to be within the framework of a permitted combined transport through a decision of the Administrative court of Falun in Sweden. The central question in the case was how to interpret the term “nearest suitable railway station”
June 30, 2020