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Gernandt & Danielsson advises Volati in an increase and extension of its existing SEK 900m bank loan with Nordea

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Gernandt & Danielsson advises Volati AB (publ) in its increase and extension of its existing bank loan with Nordea. Following the increase in the amount of SEK 1 000m, the revolving credit facility amounts to SEK 1 700m and the overdraft facility amounts to SEK 200m. Volati is a Swedish industrial group focusing on acquiring well-managed and profitable companies at reasonable valuations and developing these over the long-term. The company's shares are listed on Nasdaq Stockholm.

Gernandt & Danielsson has advised the company with a team consisting of partners Sofie Viktorsson and Mikael Borg and associate Simon Wetterholm.