Roschier represented KKR Credit in its investment in Avida Holding
US-based private equity firm KKR Credit has made a NOK 1,209 million investment in Avida Holding AB, a company listed on NOTC in Norway. Avida Holding owns 100% of Avida Holding AB, a credit market company supervised by the SFSA. Roschier represented KKR Credit in the transaction.
The investment was made in two steps: a subscription of new shares in a directed issue of NOK 300 million and a general offer to the shareholders of Avida of NOK 909 million. The transactions are subject to regulatory approvals. Following the closing of the transactions, KKR Credit will hold 51% of the shares in Avida.
Roschier’s core advisory team comprised Jens Bengtsson, Henrik Fritz, Malou Martinsson, Anna Nordlander and Kristian Hugmark.