Next Generation Partners

Leading Associates

Capital markets in Norway

BAHR

Leveraging a ‘dedicated and well-run team of excellent lawyers’, BAHR excels in the Norwegian capital markets space, and is particularly highly regarded for its expertise in large and complex international transactions. A key name is Lars Knem Christie, praised for his ‘deep understanding of Norwegian capital markets’; he co-heads the team alongside restructuring and financing specialist Magnus Tønseth. Richard Sjøqvist advises on all aspects of debt capital markets, and the ‘extremely efficient’ Robin Bakken divides his expertise between capital markets, public M&A, and securities law matters. On the regulatory side, Markus Nilssen is recommended.

Praxisleiter:

Lars Knem Christie; Magnus Tønseth


Weitere Kernanwälte:

Richard Sjøqvist; Robin Bakken; Markus Nilssen; Camilla Iversen


Referenzen

‘Dedicated and well-run team of excellent lawyers.’

‘Magnus Tønseth has an extraordinary understanding of risk factors for creditors and complexities around default scenarios.’

‘Robin Bakken is extremely efficient and concise with a good sense of commercial and practical considerations.’

Kernmandanten

PGS


Aker group


Pareto Securities


BlueNord


DNB


Norwegian Air Shuttle


Adevinta


HitecVision


SalMar


Cool Company Ltd


KIRKBI


Nuveen Asset Management


A.P. Møller – Maersk A/S


Norconsult


Sparebank 1 Markets


DNB Bank and DNB Markets


Morgan Stanley


Okeanis Eco Tankers Corp.


NTS / Frøy


T-C Storage HoldCo AB


Salmon Evolution ASA


ABG Sundal Collier


OKEA ASA


GLAS Trust Company LLC


HitecVision


JP Morgan


HMH Holding BV


Color Group AS


Ocean Yield AS


Nordic Trustee & Agency AB (Publ)


Whitworth Midco Limited


Kroll Security Trustee


Sparebank 1 Group savings banks


Eika Group savings banks


Highlight-Mandate


  • Advising Adevinta ASA on the takeover offer led by Permira and Blackstone, as well as General Atlantic and TCV for all shares in Adevinta.
  • Assisting several of issuers of covered bonds in Norway and Norwegian savings banks on the update of its €35bn covered bond programme.
  • Assisting KIKRBI Invest A/S on its NOK17bn consortium takeover of Kahoot!

Advokatfirmaet Thommessen AS

Praised by clients as the ‘most experienced and knowledgeable capital markets team in Norway’, Advokatfirmaet Thommessen AS handles domestic and cross-border transactions, private placements, and IPOs, with particular strength in equity capital markets. On this front, co-head Christian Grüner Sagstad is highly recommended. Other key ECM names include Hans Cappelen Arnesen, who is sought after by corporate clients, private equity firms, and investment firms, as well as Anders Arnkværn, Ylva Gjesdahl Petersen and Solveig Fagerheim Bugge. Einar Grette leads the DCM team, specialising in bank and bond market financing work; Frida Stene-Slotte is another key name for DCM mandates.

Praxisleiter:

Christian Grüner Sagstad; Einar Grette


Weitere Kernanwälte:

Hans Cappelen Arnesen; Anders Arnkværn, Ylva Gjesdahl Petersen; Solveig Fagerheim Bugge; Frida Stene-Slotte; Hasse Arnesen; Halvor Mannsåker


Referenzen

‘Hands-on and solution-oriented.’

‘Solveig Fagerheim Bugge is very hands-on, efficient, and always relevant when doing equity capital markets. She has clear recommendations that are highly valuable for both us and our clients and is always up to speed on recent regulatory changes.’

‘Top quality services and skills. Deep knowledge and experience. Trustable.’

Kernmandanten

DNB Bank ASA


DNB Markets


Nordea Bank


Danske Bank


Svenska Handelsbanken


Pareto Securities


Pareto Alternative Investments AS


ABG Sundal Collier


Sparebank 1 Markets


Sparebank 1 Gruppen AS


Altor Fund Manager


Goldman Sachs International


Swedbank AB


Lyse AS


Infront AS


Carnegie AS


Rederiaktiebolaget Eckerö


Arctic Securities AS


Skandinaviska Enskilda Banken AB


Morgan Stanley


UBS Investment Bank


Fearnley Securities


Seadrill Ltd


Salmones Camanchaca S.A.


DOF Group ASA


Webstep ASA


Elkem ASA


Odfjell Drilling Ltd.


B2Holding ASA


Oslo Børs VPS Holding ASA


Kongsberg Gruppen ASA


Shelf Drilling, Ltd.


BW Group Limited


BW Offshore Limited


BW LPG Limited


BW Energy Limited


Hafnia Limited


Nordic Trustee AS


Navamedic ASA


Stolt-Nielsen Ltd.


Kahoot!


XXL


MPC Container Ships ASA


Höegh Autoliners ASA


Pioneer Property Group ASA


Mercell Holding


Icelandic Salmon AS


Everfuel A/S


Norwegian Property ASA


Lytix Biopharma AS


Komplett ASA


Cadeler A/S


Borgestad ASA


BerGenBio ASA


Observe Medical ASA


Ventura Offshore Holding Ltd


Public Property Invest AS


Highlight-Mandate


  • Advised Kahoot! in connection with the takeover offer from Goldman Sachs Asset Management and other investors for an aggregate equity purchase price of NOK17.2bn.
  • Advised Public Property Invest ASA on its initial public offering and listing on the OSE main list, with a market value of approx. NOK3bn.
  • Managed Arctic Securities AS, DNB Markets, ABG Sundal Collier ASA, Pareto Securities AS, and Fearnley Securities AS in the $500m senior secured bond issue of Paratus Energy Services Ltd.

Wiersholm

Offering advice across the full spectrum of capital market work including IPOs and private placements, Wiersholm is praised by clients as the ‘strongest capital markets team in Norway’. A key name for ECM work is Anne Lise E. Gryte, who co-heads the team alongside Petter Thomren Moltu, who specialises in DCM mandates with experience in debt restructurings, and Sverre Sandvik, who is a ‘stand-out capital markets lawyer’ who advises on IPOs, right offerings and private placements. Tone Østensen advises on stock exchange listings and public and private placements. The strength of the team has been bolstered by the arrival of Audun Dahle-Nedrelid from BAHR in March 2024, who is an expert in debt capital and debt financing matters.

Praxisleiter:

Sverre Sandvik; Anne Lise E. Gryte; Petter Thomren Moltu


Weitere Kernanwälte:

Tone Østensen; Audun Dahle-Nedrelid


Referenzen

‘In my view Wiersholm has the strongest capital markets team in Norway. They are hands-on and provide excellent client service.’

‘Sverre Sandvik is a stand-out capital markets lawyer, with incredible knowledge and experience.’

‘Extremely knowledgeable and proficient. Highly dedicated. Seen as a whole, possibly the best team of lawyers within the capital markets industry. They are very good at recruiting the appropriate lawyers, which make them a very valued partner with the right staffing in all deals.’

Kernmandanten

Schibsted ASA


Wilh. Wilhelmsen Holding ASA


ABG Sundal Collier ASA


DNB Markets, a part of DNB Bank ASA


Mowi ASA


Skandinaviska Enskilda Banken


Pareto Securities AS


SpinChip Diagnostics ASA


Carnegie AS


Napatech A/S


SpareBank 1 Markets AS


Kongberg Automotive ASA


Norsk Hydro ASA


Geveran Trading Co. Ltd.


SFL Corporation Group


Cruise Yacht Upper Holdco Ltd.


TWMA Finance AS


Nordic Trustee AS


The North Alliance


Highlight-Mandate


  • Advised the syndicate in the NOK2.1bn IPO of Norconsult ASA.
  • Assisted Cruise Yacht Upper Holdco Ltd with the issuance of a senior secured $300m bond.
  • Assisted Kongsberg Automotive ASA with the issuance of a senior secured €160m bond.

Wikborg Rein

Described as ‘very pragmatic and solution-oriented’, Wikborg Rein’s capital markets team continues to advise on IPOs, public takeovers and private placements and has notable strength in shipping and offshore financing work. Dag Erik Rasmussen heads up the equity capital markets sub-group, advising Norwegian and foreign shareholders and investment banks. Stian Tande Mortensen leads the debt capital markets sub-group and has expertise in high-yield bonds, direct lending transactions and financial restructurings. At associate level, Karoline Stock Evje takes point on equity capital markets work. The group also strengthened its ECM offering with the arrival of Andreas Myrstad from Advokatfirmaet Grette AS in January 2024.

Praxisleiter:

Dag Erik Rasmussen; Stian Tande Mortensen


Weitere Kernanwälte:

Karoline Stock Evje; Andreas Myrstad


Referenzen

‘Among the top law firms in Norway within the capital markets industry. Very pragmatic and solution oriented. Highly valued input in all aspects of deals, and a premier partner for issuers, investors, and investment banks.’

Kernmandanten

Permira


Blackstone


General Atlantic FT B.V.


Ferd AS


Seacrest Petroleo Bermuda Limited


Norse Atlantic ASA


DNB Markets, a part of DNB Bank ASA


Nordea Bank Abp, filial i Norge


The Kingfish Company N.V.


Gram Car Carriers ASA


Carnegie AS


Pareto Securities AS


Arctic Securities AS


Danske BankMarkets


Nordea Markets


ABG Sundal Collier ASA


Nordic Trustee AS


Clarksons Platou Securities


Swedbank


Highlight-Mandate


  • Advised the bidder consortium, led by Permira and Blackstone, also comprising General Atlantic and TCV, in the $15bn public takeover of Adevinta ASA.
  • Advised Gram Car Carriers ASA on the NOK7.6bn voluntary takeover offer of all shares of GCC made by SAS Shipping Agencies Services Sàrl.
  • Advised DNB Markets, Pareto Securities, ABG Sundal Collier and Nordic Trustee on the $500m Senior Secured Bond Issue by Yinson Production Pte Ltd.

AGP Advokater

The transactional, capital markets and corporate boutique firm AGP Advokater advises on the full range of capital markets work and is praised as a ‘highly customer-oriented team’, advising companies, investors and lenders. The team is co-headed by Lars André Gjerdrum, who brings ‘very hands-on, practical advice’ to public take-overs and capital markets transactions, and Hege Dahl, who is a key name on the equity capital market front with extensive experience in capital markets transactions. On the debt capital market side, Peter Skutvik is a key contact with experience in debt financings and financing issues in the energy market.

Praxisleiter:

Lars André Gjerdrum; Hege Dahl; Peter Skutvik


Weitere Kernanwälte:

Hilde Gavel Bakke


Referenzen

‘Focus on the important/critical factors. Good and open communication. A highly diverse group of people.’

‘AGP are experts on the IPO and listed market issues.’

‘Strong team, with hands-on partners that spend material time with clients.’

Kernmandanten

Spir Group ASA


Sterner Group AS


Norselab AS


TouchNetix AS


Oda Group Holding AS


Carnegie AS


ABG Sundal Collier ASA


Nanopower Semiconductor AS


Techstep ASA


Gaia Salmon Holding AS


LINK Mobility Group Holding ASA


FantasyChess AS


Nortel AS


Arctic Securities AS


Hermana Holding ASA


DNO ASA


Karbon Equity AS


Sky City Entertainment


Baltic Sea Properties AS (Euronext Growth listed)


Highlight-Mandate


  • Advised Nortel AS on takeover bid of Euronext Growth-listed Nortel AS by Unifon Holding AS.
  • Advised Hermana Holding ASA in connection with its listing on Oslo Stock Exchange.
  • Advised DNO ASA on its $400m bond loan.

Advokatfirmaet CLP DA

Advokatfirmaet CLP DA 's capital markets practice excels in ECM work, acting for a roster of issuers, investors, and managers on equity offerings, and delivering ‘very high-quality work with a commercial mindset’. Edvard Cock leads the team and handles regulatory capital markets matters, and Andreas Kildal takes point on stock exchange introductions, equity issues, and continuing obligations. Joakim Gjerde is a key name for securities law, alongside associate Christine Schjerven who aptly advises on capital markets transactions.

Praxisleiter:

Edvard Cock


Weitere Kernanwälte:

Andreas Kildal; Joakim Gjerde; Christine Schjerven


Referenzen

‘Accessible, proactive, and skilled lawyers.’

‘Joakim Gjerde and Edvard Cock are accessible, proactive and skilled lawyers.’

‘Very high quality in the work and a very commercial mindset.’

Highlight-Mandate


  • Advising General Atlantic on its participation in the voluntary tender offer for all Class A Shares in Adevinta ASA.
  • Advising Jordanes ASA on its IPO and listing process.
  • Advising Volue ASA on the voluntary tender offer, valuing Volue at NOK6.1bn.

CMS Kluge

Johan Svedberg leads the practice at CMS Kluge, which handles a varied range of work spanning IPOs, private placements, securitisations, and high-yield bond issuances. Leveraging the firm’s corporate, banking, and finance teams, the group provides expertise across a broad spectrum of industries including the oil and gas, and shipping sectors.

Praxisleiter:

Johan Svedberg


Weitere Kernanwälte:

Thea Killengreen


Kernmandanten

Capsol Technologies


Ocean 14 Capital


Norsk Hydro


Armada Capital Partners


Xplora Technologies


Multiconsult


Circularity Capital


Luxcara


SWEN Capital Partners


Aqua Robotics


Advokatfirmaet Haavind AS

Advokatfirmaet Haavind AS advises across the entire range of capital market transactions, handling IPOs, bond issuances and public takeovers for clients in the energy, technology, aquaculture and real estate sectors. Cornelius Sogn Ness leads the team and advises across both ECM and DCM transactions, with expertise in IPOs, private placements and public takeovers, supported on the ECM front by Ragnar Gundersen Koffeld and on the DCM front by Hans-Christian Donjem. At associate level, Kasper Formo Asplin is recommended for financial regulatory capacities, and Helen Xu takes point on bank financing and bond financing work.

Praxisleiter:

Cornelius Sogn Ness


Weitere Kernanwälte:

Ragnar Gundersen Koffeld; Hans-Christian Donjem; Kasper Formo Asplin; Helen Xu


Referenzen

‘Efficient team. Very good availability and strong involvement from the senior management team.’

Kernmandanten

Lumi Gruppen AS


Norcod AS


ABL Group ASA


FSN Capital GP VI Limited – Active Brands AS


Gigante Salmon AS


Turnkey AS


BioFish Holding AS and Fearnley Securities AS


Omda AS


Aider Konsern AS


Ingka Investments


Raufoss Technology AS


Nordly Holding AS


Norsk Hydro ASA


Greenkeeper AS


Hydro Energi AS


Highlight-Mandate


  • Advised Hydro Energi AS with the entry into a partnership with Macquarie Asset Management.
  • Advising Norcod AS on a NOK175m capital raise consisting of a NOK170m private placement, and a NOK5m subsequent offering.

Advokatfirmaet Schjødt

Advokatfirmaet Schjødt’s well-established client base includes corporate finance houses, international and domestic issuers, banks and investors, with a broad practice encompassing public and private offerings, securities regulatory issues and transactional restructurings. Marianne Lind Sahl heads up the department and is recommended for IPO mandates and complex equity market transactions, while Kaare P Sverdrup aptly advises large corporates, borrowers and issuers of bonds. Viggo Bang-Hansen‘s particular focus is on public and international transactions, and Audun Bondkall handles securities work, and public and international capital market transactions.

Praxisleiter:

Marianne Lind Sahl; Kaare P Sverdrup


Weitere Kernanwälte:

Viggo Bang-Hansen; Audun Bondkall; Max Mossin Wagle


Referenzen

‘Very competent and experienced team.’

‘The team have a commercial mindset and are proactive when working on transactions, they find solutions and control all the legal aspects.’

‘Max Mossin Wagle is a very proactive, commercial and also a nice person to work with. Provides insight on market beyond what is expected.’

Kernmandanten

ABG Sundal Collier ASA


Aibel ASA


Arctic Securities


Argeo AS


Bluewater Holding B.V.


Clarksons Securities AS


DNB Markets, part of DNB Bank ASA


Guardian Capital Group Limited


Hemen Holding Limited


Hexagon Purus ASA


HydrogenPro ASA


Klaveness Combination Carriers ASA


Morrow Batteries ASA


Nel ASA


Nordic Trustee


Norvestor


Nykode Therapeutics ASA


Paratus Energy Services Ltd.


Pareto Securities AS


Rec Silicon ASA


SpareBank 1 Markets AS


TGS ASA


Vår Energi ASA


Highlight-Mandate


  • Advised TGS ASA on its merger with PGS ASA.
  • Acted as global lead adviser to Schlumberger in its acquisition of majority ownership in Aker Carbon Capture Holding AS.
  • Assisted Chip Bidco and the Cegal group with a NOK2.25bn Senior Secured Bond Issue and extension of its bank financing arrangement.

Selmer

With a growing presence in the ESG space, Selmer’s capital market offering is sought out by clients in the financial services, renewables, technology and life sciences sectors. The capable trio of Jon Fredrik Johansen, Gabrielle Risøe and Christopher Jensen lead the team. Johansen acts as lead counsel on several high-profile equity capital markets transactions, Risøe has notable expertise in stock exchange transactions and securities law, and Jensen is a key name for bond financings. On the debt capital markets front, Per Morten Christiansen consistently advises on local and cross-border bond issuances. At the associate level, Madeleine Marcussen takes point on IPOs and block trades.

Praxisleiter:

Jon Fredrik Johansen; Gabrielle Risøe; Christopher Jensen


Weitere Kernanwälte:

Per Morten Christiansen; Madeleine Marcussen


Referenzen

‘Excellent assistance on private placement transactions.’

‘Jon Fredrik Johansen provides excellent assistance, high availability, and proactive in finding solutions.’

‘Smaller team, but makes up for it in terms of attention, professionalism, and sector knowledge. New partner recruits have enhanced the capital markets team by a lot, and their knowledge of the inner workings of investment banks makes them a great partner.’

Kernmandanten

Sparebank 1 SR-Bank / Sparebank1 Markets


Haugesund Sparebank


Flekkefjord Sparebank


Sparebanken Sør


Norsk Titanium AS


Desert Control AS


Norwegian Block Exchange AS


Orkla ASA


Aega ASA


Scatec ASA


Kitron ASA


Borregaard ASA


Europris ASA


Photocure ASA


Kommunalbanken AS


PKH


Clarksons Securities


EQVA ASA


Calidus Resources Limited


Pareto Securities


Nordea Bank, filial I Norge


DNB Markets, part of DNB Bank


Gigante Salmon AS


Highlight-Mandate


  • Assisted with Sparebankstiftelsen Sparebanken Sør’s completion of an offer of NOK2.9bn in ECCs in the main market-listed savings bank Sparebanken Sø.
  • Acting for Kommunalbanken as euro medium term note programme adviser.
  • Representing the major Nordic investment banks, DNB Markets, a part of DNB Bank ASA, Nordea Bank Abp, filial i Norge and SpareBank 1 Markets AS in relation to a successful NOK1.75bn placement of unsecured green bonds.

Advokatfirmaet Simonsen Vogt Wiig

‘Prepared to go the extra mile’, the team at Advokatfirmaet Simonsen Vogt Wiig advises across the range of equity capital markets work, consistently advising issuers and investment banks. The practice is overseen by Amund Fougner Bugge, who handles high-profile ECM transactions and public-to-private takeovers. Stian Alexander Slaatta has a broad ECM practice, which includes advising on IPOs. With knowledge of banking and financing and securities law alongside DCM expertise, Christian Berg Meland heads up the direct capital market group.

Praxisleiter:

Amund Fougner Bugge


Weitere Kernanwälte:

Stian Alexander Slaatta; Christian Berg Meland


Referenzen

‘Strong execution and quick feedback.’

‘Stian Alexander Slaatta has a great experience with different complicated ECM transactions and his experience is key in discussing different paths when working with potential equity placements.’

‘The team at Simonsen Vogt Wiig is professional, highly competent and dedicated, and prepared to go the extra mile.’

Kernmandanten

Arctic Securities


Spotlio


Huddly


Næringsbanken


Zwipe


Stainless Tankers


Pareto Securities


Carnegie


DNB Markets


Njord Securities


Tibber


Jordanes


Atlas Capital Markets


Sydvestor


Eidsiva Energi


Laxey


Spir Group ASA


Highlight-Mandate


  • Assisted Huddly AS, listed on Euronext Growth Oslo, in connection with a private placement raising gross proceeds of NOK130m and a subsequent repair offering of NOK30m.
  • Acted as sole counsel for all parties involved in a transaction comprising a private placement raising gross proceeds of NOK230m.
  • Advised Arctic Securities AS and Pareto Securities AS as deal managers on Frigaardgruppen AS’ senior secured NOK500m bond issue.