News & Views

Hannes Snellman Counsel to Polygon AB (publ) in Connection with Its EUR 40 Million Subsequent Notes Issue

4 December 2019

Hannes Snellman acted as counsel to Polygon AB (publ) in connection with its subsequent notes issue in the amount of EUR 40 million under the framework of its senior secured fixed rate notes due in 2023. The new notes have been listed on Nasdaq Stockholm’s Corporate Bond List. The proceeds from the notes issue will be used for general corporate purposes including future acquisitions.

Polygon is a European market leader in property damage restoration services with an offering that includes water damage restoration, fire damage restoration, reconstruction, leak detection, and temporary humidity control. Polygon is active on three continents and in 14 countries and is wholly owned by Triton. Triton is an investment firm investing in medium-sized businesses in Austria, Belgium, Denmark, Finland, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, and Switzerland.

Hannes Snellman’s core team comprised Fredrik Olsson, Carolina Wahlby, Sofia Bengtsson, David Smith (Finance), Mattias Friberg, Khaled Talayhan, Marcus Lehtinen, and Emma Greiff  (Capital Markets).