Max Axelsson

Associate, Stockholm

Biography

Overview

Max Axelsson is an associate in our Debt Finance practice in Stockholm and joined White & Case in 2018. He advises banks, private equity funds and corporate borrowers in various types of finance transactions, including bond finance, leveraged acquisition finance and recapitalizations. Max also advises on regulatory matters relating to financial institutions and services.

Prior to joining White & Case, Max studied at Stockholm University.

Education
LLM
Masters of Law
Stockholm University
Sweden
BSc
Business Administration
Stockholm School of Business
Sweden
Languages
Swedish
English

Experience

Representation of Pareto Secuities AB and Pareto Securities AS as joint bookrunners and Dooba Finance AB (publ) as issuer on the issuance of its up to SEK 600 million senior unsecured guaranteed fixed rate bonds due 2024 governed by Swedish law and on the subsequent listing of the bonds on the Corporate Bonds list of Nasdaq Stockholm. Dooba Finance AB (publ) used the proceeds to refinance existing high yield bonds and for general corporate purposes.

Representation of Vizrt Group AS, a leading provider of visual storytelling tools for media content creators, as issuer owned by the private equity firm Nordic Capital, on the issuance of US$125 million senior secured callable bonds due 2026 governed by Norwegian law. Vizrt Group used the proceeds from the bonds to refinance its outstanding bonds and for general corporate purposes. The White & Case team also assisted on the amendment and restatement of a $40 million Multi-Currency Revolving Credit Facility provided by the bank Nordea, a financial services group.

Representation of Carnegie Investment Bank AB (publ) and Pareto Securities AS, both financial services institutions, as joint bookrunners on the issuance by Cabonline Group Holding AB (publ), the leading taxi company in the Nordic region, of up to SEK 2,200,000,000 senior secured floating rate bonds due 2022. The bonds were issued for the purpose of refinancing existing debt. The Firm also assisted on the establishment of a super senior revolving credit facility and the related intercreditor arrangements. Cabonline has 3,000 connected taxi firms and approximately 5,700 vehicles in Sweden, Norway, Finland and Denmark.

Representation of Medicover AB, a specialised provider of diagnostic and healthcare services, as guarantor and Medicover Holding S.A. as borrower with regard to a EUR 27,000,000 1.2% 5y floating rate Schuldschein loan, arranged by Landesbank Hessen-Thüringen, ING and SEB, all financial services institutions.

Representation of Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ), both financial services institutions, as joint bookrunners on the issuance by Stillfront Group AB (publ), the Swedish game developer of up to SEK 1,000,000,000 senior unsecured floating rate bonds due 2024 governed by Swedish law. The bonds were issued for the purposes of refinancing a bridge loan used to finance the acquisition of the US game developer, KIXEYE Inc.

Representation of Quant AB (publ), the global leader in industrial maintenance as issuer, on the issuance of €62.5 million senior secured floating rate bonds due 2023 and €28 million junior fixed rate bonds due 2023 governed by Swedish law. Quant used the proceeds from the senior and junior bonds to refinance its outstanding facility of US$125 million (and uncommitted facility of up to US$50 million). The White & Case team also assisted on the establishment of a €20 million Multi- Currency Revolving Credit Facility provided by Nordea, a financial services group.

Representation of ABG Sundal Collier ASA, DNB Bank ASA and Pareto Securities AS, all financial services institutions, as arrangers, on the issuance by Brado AB (publ), a provider of financial services, of SEK 600 million senior secured floating rate bonds due 2023 and SEK 150 million junior floating rate bonds due 2023 governed by Swedish law. Brado, which is part of the Adolfsen Group, used the proceeds from the senior and junior bonds to acquire and refinance the private healthcare provider Frösunda Group AB. The Firm also assisted on the related intercreditor arrangements.

Representation of Carnegie Investment Bank AB (publ), a financial services group, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ), both financial services institutions, as joint bookrunners on the issuance by Stillfront Group AB (publ), an independent creator, publisher and distributor of digital games with a vision to become one of Europe's leading indie game developers and publishers of up to SEK 1,000,000,000 senior unsecured bonds due 2022 governed by Swedish law. Stillfront used the proceeds to refinance existing high yield bonds and for general corporate purposes (including acquisitions).

Representation of Fibo Group AS, a leading supplier of high-quality waterproof wall systems, as issuer on the issuance of its up to NOK 300 million floating rate senior secured callable bonds due 2022 to refinance its existing bank debt. The bonds are governed by Norwegian law and will be listed on the Oslo Bors. ABG Sundal Collier and Nordea, both financial services institutions, acted as arrangers for the bond.

Representation of Nalka Invest AB, a Swedish investment firm, on the acquisition of OneMed, the leading medical supplies distributor in Northern Europe, from 3i Group plc (3i), a leading international investor focused on mid-market Private Equity and Infrastructure.

Representation of Gambling.com Group Plc, a multi-award winning provider of digital marketing services for the global iGaming industry, as issuer on the issuance of its up to EUR 25 million senior secured notes due 2021.

Representation of Inteno Broadband, a company owned by Nordic Private Equity firm Accent, in connection with the financing of the acquisition of Genexis, the European market leader in developing and delivering fiber-to-the-home (FTTH) equipment. Inteno is a leading European hardware and software provider that enables and improves delivery of Broadband and IoT services for Internet operators and service providers.