MAGNUSSON ADVISES GOTHENBURG ON US$ 500 MILLION EURO-COMMERCIAL PAPER PROGRAMME
The Magnusson team was led by Björn Wendleby and included Miri Chiko-Radomski and Liselotte Calander.
Skandinaviska Enskilda Banken AB (publ) acted as the Arranger, while Barclays, Citigroup, Danske Bank, DNB Markets, Goldman Sachs International and SEB acted as the Dealers.
The City of Gothenburg’s finances are in excellent shape, with the credit rating from Moody’s since 2006 being the highest possible, Aaa, and from Standard & Poor’s since 2007 the next highest, AA+. Both ratings have stable outlook.
It is another major financing transaction on which Magnusson has recently advised the City of Gothenburg: in May 2013, the City was advised on a SEK 3 billion multicurrency revolving credit facility. Since Autumn 2012, Magnusson has been assisting the City of Gothenburg also on a number of other matters, following its victory in a tender for legal services declared by the City.
MAGNUSSON TO PARTICIPATE IN ENTERPRISE2019 TECHNOLOGY ENTREPRENEURSHIP EVENT
Magnusson will be represented in the Enterprise2019 Technology Entrepreneurship event held in Oulu on Wednesday, 6 November 2019.read more
MAGNUSSON WARSAW ADVISES VASTINT POLAND ON THE SALE OF FOUR OFFICE BUILDINGS IN POZNAŃ
Magnusson Warsaw represented Vastint Poland in the process of selling the first stage of Business Garden Poznań. The Singaporean fund Cromwell European REIT became the new owner of the property.read more
MAGNUSSON ADVISED VON ELK COMPANY LTD
Magnusson advised Von Elk Company, known for Glöet, the most popular sparkling glögg in the Nordic countries, on its cooperation with Altia, a leading Nordic alcoholic beverage brand company operating in the wines and spirits markets in the Nordic and Baltic countries.read more
Amendments made to the AML Law
Amendments have been made to the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing, also known as the AML Law. The amendments are a part of Latvia’s attempts to comply with the legal acts of the European Union and to overcome the country’s weaknesses as stated in the Moneyval 2018 report. Taking into account the recent activities in terrorism and proliferation financing, an effective anti-money laundering system is essential in order to improve the finance sector and the country’s reputation on a global platform.read more