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Corporate Finance

Challenges and requirements
The level of corporate finance transactions, during recent years, has been affected by the financial crisis. While the market is now showing signs of improvement, there is still a shortage of financing options and current circumstances reflect this shortage and lenders' increased focus on potential risks. Moreover, transactions have become more complex and are subject to tighter deadlines, and new actors challenge the financial market. Our clients require, therefore, experienced advisors capable of delivering both legal and strategic solutions.

How we can help
We have extensive experience with corporate finance transactions by virtue of our advice concerning numerous Danish and international mergers and acquisitions.

A close relationship with the client's financial advisers, investment banks and foreign lawyers is a matter of course. We have, therefore, developed effective collaboration procedures to ensure the most optimal process for the client. Moreover, we strive continually to improve our competencies and keep ourselves up to date on all developments in market conditions.

Our client portfolio includes Danish and international companies, banks, investment banks, financing companies, private equity houses and venture companies.

Our advice encompasses, among others:
• Capital structure
• Yields and consolidation
• Buy back of own equity interests
• Options, warrants
• Convertible obligations
• Financial assistance
• Taxation matters concerning capital structure

Our ratings

Chambers and partners

Chambers Europe Rating 2013
-  Banking and finance

This long-established firm widened its client base early in the year following a merger with Philip, and is known in particular for its lending and acquisition financing capabilities. Recent work includes assisting DNB with the EUR170 million refinancing of Promens's revolving credit facilities. The team also advised Spar Nord Bank on the disposal of its leasing management business.

Steen Halmind has years of experience in acquisition financing and is praised by peers for his “excellent negotiating and drafting skills.” Department head Morten Krogsgaard specialises in international financing law, and recently advised private equity fund Altor on various acquisition financing and recapitalisation matters.

Best known for his capital markets work, Steen Jensen is well versed in advising on financing, financial regulation and structured products. Erik Malberg is a vastly experienced practitioner with particular expertise in bankruptcy law.

Chambers and Partners Europe, Banking and Finance

Chambers and partners

Chambers Global Rating 2013
-  Banking and finance

Department head Morten Krogsgaard specialises in international financing law, and recently advised private equity fund Altor on various acquisition financing and recapitalisation matters.

Best known for his capital markets work, Steen Jensen is well versed in financing, financial regulation and structured products. Erik Malberg is a vastly experienced practitioner with particular expertise in bankruptcy law.

Chambers and Partners Global, Banking & Finance 

IFLR1000

IFLR1000 Rating 2013
-  Banking and finance

Bech-Bruun is edging closer to being a tier one firm after a recent merger. The strategic move to absorb the highly specialised firm Philip & Partners according to one competitor "will give them access to a good portfolio of high net-worth clients".

Steen Halmind is seen as playing more of an elder statesman role now, while Steen Jensen is described as " a very good banking and regulatory lawyer involved in some of the biggest claims".

In a rare example of leverage financing Morten Krogsgaard assisted Altor Equity Partners on the acquisition of Ferrosan Medical Devices in December 2011.

Krogsgaard also led teams advising on a number of big-ticket financing deals. Prominent among these was advise to Citibank International on the extension of DKr16 billion (€2.15 billion) facilities to ISS and similar advice to Barclays on a €1.3 billion revolving credit facility for DONG Energy. In addition, the firm provided lead counsel to DNB Bank on the €170 million refinancing of plastics manufacturer Promens' revolving credit facility.

IFLR1000, Banking and finance 

Bech-Bruun Recommended by Legal500

Legal500 Rating 2013
-  Banking and finance

Bech-Bruun advises various Danish and international clients on lending and acquisition finance, syndicated loans, project and asset finance, derivatives and structured products. Practice head Morten Krogsgaard assisted Altor Equity Partners with the financing of its acquisition of Ferrosan Medical Devices, and advised DnB Nor Bank on Promens’ refinancing. Other clients of the practice include Nordea Finance Sweden. Steen Jensen handles regulatory matters and Thomas Thordal Sevelsted advises on aviation finance and debt restructuring. Erik Malberg and Henning Hansen are also recommended, Eric Korre Horten and Eivind Einersen joined from Philip Law Firm.

Legal 500, Banking and Finance

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