23 April 2018

Gernandt & Danielsson advises BWB Partners and the iMPREG Group in CIPP Technology Solutions A/S’ notes issue of EUR 30 million

Gernandt & Danielsson advises in CIPP Technology Solutions A/S' issue of senior secured notes at an initial amount of EUR 30 million within a framework amount of EUR 50 million. CIPP Technology Solutions A/S has undertaken to list the notes on the corporate bond list of Nasdaq Stockholm. The notes proceeds will be used towards the refinancing of existing debt as well as for general corporate purposes.

CIPP Technology Solutions A/S is a holding company in the iMPREG Group, which is one of the leading producers of fibreglass reinforced pipe liners used in trenchless rehabilitation of wastewater pipelines. The core market of the group is EU, primarily Germany, with growing market presence in USA and China.

Gernandt & Danielsson has advised BWB Partners and the iMPREG Group with a team consisting of Partner Mikael Borg, Senior Associate Mikael Bolling and Associates Maria Klaesson and Simon Wetterholm.