WFW advises Nordea Bank AB (publ) on €280m loan facility to AS Tallink Grupp
Watson Farley and Williams LLP (“WFW”) advised Nordea Bank AB (publ) (“Nordea”) in relation to a €280m loan facility for AS Tallink Grupp. The loan facility was advanced on 20 December 2016 and refinanced an existing €440m loan facility and provided finance for the working capital and general corporate purposes of AS Tallink Grupp and its subsidiaries. The facility is secured by mortgages over five ferries with primary registrations in Sweden, Cyprus and Finland. Mandated lead arrangers are Nordea Bank Finland Plc, Danske Bank A/S, KfW IPE