Wigge advises Vinga Corporate Finance in connection with direct lending transaction to Axolo Group

Wigge acted as lead counsel in connection with the arrangement of a senior secured direct loan of up to NOK 100 million to Axolo Group AS.

 

The financing forms part of a broader refinancing transaction intended to support the continued development of the Axolo Group and its subsidiary Eyvi, a provider of technology and solutions for the land-based aquaculture industry. The transaction included amendments to the group’s existing bond financing and the implementation of an intercreditor framework governing the relationship between the various financing stakeholders.

 

Wigge’s team was led by Björn Bjuggren, with assistance from Henrik Fritz and Julia Kihl