Hammarskiöld advised Nordic Trustee & Agency AB (publ) as agent for the bondholders in the recapitalisation of Quant AB (publ) (“Quant”). The recapitalisation involved, among other things, an exchange of the outstanding EUR 92 million senior secured floating rate bonds due 2025 for participating debentures issued by Quant’s immediate parent company Quibot TopCo AB and the transfer of all ownership interest in Quant to the bondholders. The recapitalisation transaction also comprised an issuance of new EUR 25 million senior secured notes by Quant and a new revolving credit facility with Nordea Bank.
Hammarskiöld’s team consisted of:
Johan Löfquist (Senior Associate)
Fredrik Osvald (Senior Associate)
Aksel Ahlqvist (Senior Associate)
For more information, please read Quant’s press release here: Press - Quantservice