Wistrand does not have a capital markets department per se but its M&A team handles equity capital markets matters while its banking and finance department takes on debt capital markets mandates.Recent examples of work, to give a flavour of the firm's activity in the capital markets of late, saw Monica Petersson and Ulf Forsman advise the arranger and the dealers on the Swedish law matters of Swedbank Mortgage's 144 A Programme for covered bonds geared to the US market....
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Wistrand does not have a capital markets department per se but its M&A team handles equity capital markets matters while its banking and finance department takes on debt capital markets mandates.
Recent examples of work, to give a flavour of the firm's activity in the capital markets of late, saw Monica Petersson and Ulf Forsman advise the arranger and the dealers on the Swedish law matters of Swedbank Mortgage's 144 A Programme for covered bonds geared to the US market.
One client for a debt issuance programme was very happy with Petersson and Forsman saying they were "both very competent and perfectly fit to handle complicated matters... I would definitely use them again".
The firm has carved out a niche in regulatory work and continued to receive a trickle of mandates from banks to advise on regulatory developments, especially regarding hybrid debt (tier 1) regulations. It also has a buzzing derivatives advisory practice which supports clients including Akademiska Hus and Landshypotek.
The firm offers equity markets expertise through its Stockholm based lawyers Niklas Larsson and Erik Hygrell.
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Wistrand's Monica Petersson, Ulf Forsman and Tommy Grönberg between them represent the core banking and finance expertise of the firm.One banking and export finance client is impressed "with the strength of some of the partners; they have some really good lawyers....
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Wistrand's Monica Petersson, Ulf Forsman and Tommy Grönberg between them represent the core banking and finance expertise of the firm.
One banking and export finance client is impressed "with the strength of some of the partners; they have some really good lawyers... [with] great knowledge about our firm and our sector and they are well connected". The client was very impressed with Petersson and Forsman.
The three partners handled a number of exemplary deals throughout 2010-11 however most details remained confidential. Some of the clients however are not confidential, among them Citibank, Swedbank, Akademiska Hus, Ericsson, Landshypotek and the European Investment Bank (EIB), with the latter being one of Wistrand's long standing and regular clients.
Petersson and Forsman recently advised the EIB on at least one high value mandate which comprised a €388 million financing to Volvo Car Corporation. The facility was guaranteed by the Swedish state.
As far as deals go, the trio handled a good share of real estate acquisition financing and refinancings, project financings in the telecom sector and other diverse financings including insolvency related financing and distressed debt work.
Under Nils Alpman, Peter Helle and Anne-Marie Pouteaux the firm offers expertise in funds, regulatory matters and ISDA transactions.
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Wistrand has a good reputation for M&A among clients and gets the nod from counsel in firms in Norway and Finland.It markets itself as historically strong in media, technology, IT, telecom, science, transport and manufacturing businesses and backed up its bark in 2010-11 with a string on deals in real estate, IT, medical technology and telecoms....
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Wistrand has a good reputation for M&A among clients and gets the nod from counsel in firms in Norway and Finland.
It markets itself as historically strong in media, technology, IT, telecom, science, transport and manufacturing businesses and backed up its bark in 2010-11 with a string on deals in real estate, IT, medical technology and telecoms.
According to one client of an acquisition in Sweden, Lars Hesp "is a good guy and a great contact with a talented team around him": "He is someone who understands you, understands the business you are in can see things for you and fight for you... he is so very experienced and knows how to handle himself, be creative and think outside the box and business minded".
In one deal, partner Per Dalemo led to a team to advise Choice Hotels in April 2011 on the sale of its entire Danish operations to First Hotel, which was represented by top tier Norwegian firm Wikborg Rein & Co.
Senior partner Lars Hasp acted for Atea Sverige in August 2010 at the head of a large advisory team to help the Nordic IT infrastructure provider acquire all the shares in Portalab Datortillbehör as part of a broad expansion strategy. Hasp and Magnus Forssman also led a team representing the world's largest mobile transaction network mBlox in its acquisition of Mashmobile in October 2010.
In February 2011, the firm closed a deal for Medtronic Inc in which the medical technology company purchased all shares in Jolife, a company that manufactures the LUCAS chest compression system for cardiopulmonary resuscitation.
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