Loyens & Loeff advised Kongsberg Actuation Systems B.V.
Loyens & Loeff advised Kongsberg Actuation Systems B.V. on the issuance of EUR 275,000,000 5.000% Senior Secured Notes due 2025.
On 23 July 2018, Kongsberg Actuation Systems B.V., an indirect wholly-owned subsidiary of Kongsberg Automotive ASA (KOA:Oslo), issued EUR 275,000,000 5.000% Senior Secured Notes due 2025 under an indenture in a private transaction that was not subject to the registration requirements of the Securities Act of 1933.
The notes are guaranteed and secured by Kongsberg Automotive ASA and certain subsidiaries of Kongsberg Automotive ASA. The notes will be listed on the Official List of The International Stock Exchange.
Headquartered in Norway, Kongsberg Automotive is a provider of world class products to the global vehicle industry.
Latham & Watkins advised Kongsberg Actuation Systems B.V. as lead counsel. Loyens & Loeff advised Kongsberg Actuation Systems B.V. on the Dutch law and Swiss law aspects in connection with the issuance of the EUR 275,000,000 Senior Secured Notes. Loyens & Loeff further acted as counsel to KA Group AG, a direct wholly-owned subsidiary of Kongsberg Actuation Systems B.V., in the context of a super senior revolving facility provided by Danske Bank, Norwegian Branch, and J.P. Morgan Securities plc.
The Loyens & Loeff team consisted of partners Beat Baumgartner (Tax), Judith Raijmakers (Banking & Finance), Martijn Schoonewille (Banking & Finance) and Marco Toni (Corporate / M&A) as well as associates Jana Bieli (Corporate / M&A, Banking & Finance), Fons Leijten (Banking & Finance), Aurélien Pasquier (Corporate / M&A), Tim Schnezler (Banking & Finance) and Fabian Sutter (Tax).
Marco Toni
Partner Attorney at lawMarco Toni, attorney at law, is a partner in our Zurich office. He focuses on domestic and international M&A transactions, private equity, corporate governance and general corporate, stock exchange and capital markets laws.
T: +41 43 434 67 15 M: +41 79 557 62 15 E: marco.toni@loyensloeff.com
Jana Bieli
Associate Attorney at lawJana Bieli, attorney at law, is an associate in our Zurich office. She focuses on domestic and cross-border M&A, general corporate law and employment law.
T: +41 43 434 67 27 M: +41 79 838 93 85 E: jana.bieli@loyensloeff.com
Beat Baumgartner
Partner Attorney at law, Swiss certified tax expertBeat Baumgartner, attorney at law and Swiss certified tax expert, is a partner in our Zurich office. He focuses on Swiss and international taxation, M&A, financing and capital market transactions.
T: +41 43 434 67 10 M: +41 79 930 63 52 E: beat.baumgartner@loyensloeff.com
Judith Raijmakers
Partner Attorney at lawJudith Raijmakers, attorney at law, is a partner in our Zurich and Luxembourg offices. She focuses on finance transactions including acquisition financing, asset financing, real estate and transportation financing, debt (re)structuring and debt issuances.
T: +41 43 434 67 24 M: +41 79 870 91 03 E: judith.raijmakers@loyensloeff.com
Fabian Sutter
Partner Attorney at law, Swiss certified tax expertFabian Sutter, attorney at law and Swiss certified tax expert, is an associate in our Zurich office. He focusses on Swiss and international taxation, in particular corporate reorganizations and restructurings, M&A, financing and capital market transactions, transfer pricing, private equity, real estate transactions as well as tax litigation.
T: +41 43 434 67 14 M: +41 79 398 76 39 E: fabian.sutter@loyensloeff.com
Aurélien Pasquier
Associate Attorney at lawAurélien Pasquier, attorney at law, is an associate in our Zurich office. He focuses on data protection and M&A transactions.
T: +41 43 434 67 16 M: +41 79 314 19 02 E: aurelien.pasquier@loyensloeff.com
