HFW Advises Banks On $725 Million Stena Financing
Global, sector-focused law firm HFW has advised the mandated lead arrangers and coordinating bookrunners on a secured US$725 million revolving credit facility for Sweden's Stena AB.
HFW acted for Handelsbanken Capital Markets, Svenska Handelsbanken, Nordea Bank, Skandinaviska Enskilda Banken, and Swedbank on the transaction, which represented a refinancing of Stena's existing US$800 million revolving credit facility.
The new facility has a five year maturity and is provided by a syndicate of 12 lenders.
HFW's team comprised John Forrester (Partner, Singapore); Katherine Noble (Senior Associate, London); Guy Robson (Associate, London); Michael Wray (Partner, Houston) and Josh Clarke (Special Counsel, Sydney).
HFW is a leading global law firm in the aerospace, commodities, construction, energy, insurance and shipping sectors. The firm has more than 600 lawyers, including 170 partners, based in offices across the Americas, Europe, the Middle East and Asia-Pacific. HFW prides itself on its deep industry expertise and its entrepreneurial, creative and collaborative culture.
For further information, please contact:
Head of Communications, HFW
D +44 (0)20 7264 8159 | M +44 (0)7976 939864
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