LARK advises BoldR on refinancing in the Nordic bond market
BoldR Group has successfully issued senior secured bonds in the Nordic bond market, raising €110,000,000 with maturity in 2030. The proceeds of the bond issue have been used to refinance its existing unitranche financing provided by Pemberton.
Arctic Securities and Danske Bank acted as joint bookrunners for the bond issue. The overall financing structure also comprised a €15,000,000 super senior revolving credit facility from Danske Bank.
BoldR Group is a portfolio company of Northern European private equity firm FSN Capital Partners and Europe’s market leader for towbars and transport solutions.
Business Law Powerhouse LARK provided comprehensive advice to BoldR Group on the German law aspects of this transaction with Dr. Anselm Lenhard (PICTURED), Philipp Büchler and Valentina Groll (all finance).
BoldR Group was advised by White & Case (Stockholm) on all Swedish law aspects of the transaction. LARK further cooperated with Mayer Brown (Paris) on aspects of French law and Kocian Solc Balastik on aspects of Czech law.
BoldR Group is already the second German issuer LARK has advised in connection with a Nordic bond issue this year.
