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Press Release

White & Case Advises on Assemblin's €250 Million Senior Secured Floating Rate Notes and New Super Senior Facilities

Global law firm White & Case LLP has advised Deutsche Bank AG, London Branch and Nordea Bank Abp, as Initial Purchasers, on the issuance by Assemblin Financing AB of €250 million senior secured floating rate notes due 2025 and the establishment of new super senior revolving credit and guarantee facilities and a new pension guarantee facility.

Assemblin, which is one of the Nordic region's leading providers of complete installation and service solutions, with a primary focus on electrical engineering, heating and sanitation, ventilation and automation, used the proceeds of the New York law-governed notes to repay all outstanding amounts under its pre-existing senior facilities and to make a distribution to shareholders.

The White & Case team which advised on the transaction was led by partners Magnus Wennerhorn (Stockholm) and James Greene (London), and included partners Jeremy Duffy (London) and Ray Simon (New York), counsel Michael Bark-Jones (Stockholm) and associates Alexandra Stolt (Stockholm), Brian Dearing, Man Hay Yip (both London), Anders Karlsson (Stockholm), Nico Nalbantian (London) and Josephine Martinsson (Stockholm).

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