IFLR1000

SEV DKr1.1 billion syndicated financing

19/6/2015
Financing
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DKr 1.1 billion

$ 160 million

Completed

19/6/2015

Overview:

  • SEV, a power producer owned by the municipalities of the Faroe Islands, has obtained a  DKr1.1 billion credit facility from a syndicate of lenders including Skandinaviska Enskilda Banken, BankNordik, Eik Banki, and the Faroese Investment Fund.

Rani Mehta - Journalist

Jurisdiction:

Denmark

Deal type:

Financing

Practice area:

Banking

Governing law:

Denmark

Industry sector:

Banking

Firms:
DLA Piper

Party: SEV (Borrower)

Lawyers: Jess Thiersen, Joachim Kundert Jensen

Gorrissen Federspiel

Party: Skandinaviska Enskilda Banken AB (Lender)

Party: BankNordik (Lender)

Party: Faroese Investment Fund (Lender)

Party: Eik Banki (Lender)

Lawyer: Tobias Linde

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