Max Axelsson

Associate, Stockholm

Biography

Overview

Max Axelsson is an associate in our Bank 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

Represented Medicover AB 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.

Represented Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) 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 bond was issued for the purposes of refinancing a bridge loan used to finance the acquisition of the US game developer, KIXEYE Inc.

Represented Quant AB (publ), 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, which is the global leader in industrial maintenance and owned by Nordic Capital, 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.

Represented ABG Sundal Collier ASA, DNB Bank ASA and Pareto Securities AS, as arrangers, on the issuance by Brado AB (publ) 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.

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

Represented Fibo Group AS 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. Fibo, owned by FSN Capital, is a leading supplier of high-quality, waterproof wall systems. The bonds are governed by Norwegian law and will be listed on the Oslo Bors. ABG Sundal Collier and Nordea acted as arrangers for the bond. Advised Nalka Invest AB on the acquisition of OneMed from 3i Group plc (3i).

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

Represented 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.