What the team is known for Highly regarded finance team acting on behalf of banks, private equity houses and large corporations, including international companies on all aspects of acquisition finance. Recognised for its expertise on financing in the energy sector, including projects and restructurings involving renewables and oil and gas. Other areas of specialism include asset finance, high-yield bond work and regulatory issues. Recent client wins include Danfoss.
Strengths Sources report that the firm's "main strength was their ability to respond quickly to queries raised by our clients, and their ability to explain specific aspects of Danish law in a succinct and understandable way. We felt that they fully understood the transaction, so responses were always appropriate and on point."
A client says: "I like their flexibility, as it is second to none. I also like their grasp of the whole sector, as it means that the knowledge is at a high level."
Work highlights Advised ING on lending issues in relation to financing a transaction regarding double-deck rail coaches owned by Beacon Rail Leasing.
Assisted Danske Bank with financing Axcel's acquisition of Lessor, a specialist in IT-based payroll and HR systems.
Significant Clients Handelsbanken, HSH Nordbank, PenSam, Danica Pension, Scandinavian Airlines.
According to sources, Morten Krogsgaard is “very knowledgeable, especially of local law and the leveraged finance market. He is someone who can translate concepts into practice. He is very hands-on and personally involved. I routinely recommend Krogsgaard for transactions in Denmark.” He advises financial institutions and private equity houses on debt financing, restructuring issues and asset finance. He advised Nordea on the financing of Sampo's mandatory offer of up to EUR1.5 billion in respect of TopDanmark.
Chambers and Partners Europe, Banking and Finance