Coop Norge Handel NKr4.35 billion financing

13/4/2015
Acquisition finance

NKr 4.35 billion

$ 505.552 million

Completed

13/4/2015


Overview:

  • Norwegian retail cooperative Coop Norge Handel has obtained a NKr4.35 billion facilities agreement from DNB Bank.
  • The proceeds were part of Coop Norge Handel's acquisition financing for its purchase of grocery retailer ICA Norge.
  • The acquisition was first announced in October 2014.

Kurt Stumpo - Journalist

Jurisdiction:

Norway

Deal type:

Acquisition finance

Practice area:

Banking

Governing law:

Norway

Industry sector:

Consumer goods and services


Firms:

Party: Coop Norge Handel (Borrower)


Party: DNB Bank (Lender, Facility agent)