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Gernandt & Danielsson advises on Basic-Fit’s issue of senior unsecured bonds

Gernandt & Danielsson advised Nordea Bank and Rabobank on Basic-Fit’s issue of senior unsecured bonds in an amount of EUR 180 million, within a framework of EUR 450 million. Nordea Bank and Rabobank acted as joint bookrunners in connection with the transaction.

With more than 2,150 clubs and over 6 million memberships, Basic-Fit is the largest fitness operator and franchisor in Europe.

Gernandt & Danielsson advises Nordea Bank and Rabobank with a team consisting of partner Mikael Borg, senior associate Jakob Forsell as well as associate Erik Schwartz.

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Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 150 employees, including 100 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se

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