Milbank LLP advised Storskogen Group AB (publ) on its bank facility agreement of €500 million, to be used as a back-up facility and to increase financial flexibility.
Storskogen acquires and manages well-managed and profitable small and medium-sized enterprises within the business areas of industry, trade and services in the Nordic countries, DACH and the United Kingdom. On 31 December 2021, Storskogen consisted of 105 business units with a total of approximately 9,000 employees and a trailing annual turnover (RTM) of over SEK 23 billion.
The Milbank team was led by European Leveraged Finance/Capital Markets partners David Dixter and Alexandra Grant and associate David Thomas.
