Volati’s Increase And Extension of Its Existing Bank Loan With Nordea

Gernandt & Danielsson advised Volati on the deal.

Volati AB announced its increase and extension of its existing bank loan with Nordea.

Following the increase in the amount of SEK 1 000m, the revolving credit facility amounts to SEK 1 700m and the overdraft facility amounts to SEK 200m.

Volati is a Swedish industrial group focusing on acquiring well-managed and profitable companies at reasonable valuations and developing these over the long-term. The company’s shares are listed on Nasdaq Stockholm.

The Gernandt & Danielsson team included partners Sofie Viktorsson (Picture) and Mikael Borg and associate Simon Wetterholm.

Involved fees earner: Mikael Borg – Gernandt & Danielsson Advokatbyrå KB; Sofie Viktorsson – Gernandt & Danielsson Advokatbyrå KB; Simon Wetterholm – Gernandt & Danielsson Advokatbyrå KB;

Law Firms: Gernandt & Danielsson Advokatbyrå KB;

Clients: Volati AB;

Federica Tiefenthaler

Author: Federica Tiefenthaler