Banking and finance

Snellman

Snellman’s finance team has a strong track record advising major banks, financial institutions, and corporate clients on a broad range of matters, including leveraged finance, restructuring, and real estate transactions. Practice head Fredrik Olsson has over 20 years of experience advising Swedish and international clients on various financing matters, while Carolina Wahlby is noted particularly for her experience advising on leveraged transactions and workouts. Maria Orrgard is active on the lenders’ market as well as in relation to real estate financings. Financial regulatory specialist Joel Montin is also a key contact.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘They offer down-to-earth advice that builds confidence and trust.’
‘Fredrik Olsson is clearly a stand-out partner, who's multi-year expertise gives him a plethora of examples and real-word situations which he uses to give the client a sense of understanding, even legally complex issues.'
'Joel Montin is an excellent "teacher" (for lack of a better word) of challenging legal topics, and his skill has really helped me, as company counsel, to get a grasp on central legal subjects pertaining to the financing at hand. Joel has handled my questions very well and has excelled in giving precise answers while at the same time keeping them understandable.'
‘Fredrik Olsson is an experienced lawyer.'
'Ebba Sjölin has handled most of the late-stage issues, meaning answering both qualified legal questions and liaising with opposing counsel, but also the very important task of "keeping everything together" towards closing of the transaction. She has performed her work with excellence, giving speedy answers and guiding us through the final stages of the process.'
‘The partners who serve us are very accessible and knowledgeable in terms of bank financing as well as tactical in the dialogue with banks and other lawyers. Furthermore, they have a good sense of strategy in negotiations with financiers.'
‘Experienced and easy to access.'
‘A very competent and service-minded team. They have a well-balanced escalation policy, as in when questions are forwarded to more senior employees for further action, that creates a cost-efficient workflow.’

Key clients

Nordea Bank
Skandinaviska Enskilda Banken
P Capital Partners
CORDET Lending II S.À R.L.
Castlelake
Bonava AB
KLAR Partners
Dustin Group AB
Equip Capital AS
Thoma Bravo
Systematic Growth backed Motion Tech
IK Investment Partners
Citycon Oyj
Revelop
Francks Kylindustri Holding AB
Amplio Private Equity

Work highlights

Acting as Swedish lead counsel to Castlelake, L.P. as lead investor of the winning bidder consortium in connection with Scandinavian Airlines Systems (SAS AB) US Chapter 11 process and reorganisation under Swedish law.
Acting as lead counsel to Bonava AB on the entry of its €400m facilities agreement which was made in conjunction with an extension of Bonava’s bond loan and a rights issuance of SEK1bn.
Acting as lead counsel to Citycon in relation to its SEK1bn fixed rate green term loan with pbb Deutsche Pfandbriefbank (PBB) and Landesbank Hessen-Thüringen Girozentrale (Helaba).

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