Next Generation Partners

Rising Stars

Capital markets in Denmark

Gorrissen Federspiel

Led by the ‘outstandingRikke Schiøtt Petersen, Gorrissen Federspiel‘s practice exhibits ‘unrivalled expertise‘ in advising a diverse client portfolio of private equity funds, underwriters and issuers. Klaus Søgaard has over 25 years’ experience in advising on IPOs and capital increases for domestic corporates, while Michael Steen Jensen primarily advises banks and financial institutions on bond issuances and securitisation work. Chantal Pernille Patel focuses on the equity capital markets side, and handles securities regulation matters, while Tobias Linde advises corporates on the borrower side and handles IPO financings, and Thomas Maaberg Hansen joined the team from Plesner in January 2022, bringing his expertise in acquisition finance to the group.

Responsables de la pratique:

Rikke Schiøtt Petersen

Autres avocats clés:

Klaus Søgaard; Michael Steen Jensen; Chantal Pernille Patel; Mikael Philip Schmidt; Tobias Linde; Morten Nybom Bethe; Mikkel Fritsch; Thomas Maaberg Hansen

Les références

‘Great, responsive and high quality advisory services on capital markets.’

‘A clear drive and commercial understanding to help drive things forward.’

‘Unrivalled expertise and experience in Denmark’s most complex and high-profile capital markets transactions.’

Principaux clients

ABG Sundal Collier

Aktieselskabet Arbejdernes Landsbank

Aquaporin A/S

BioPorto A/S

Cadeler A/S

Chr. Hansen

Danish Ship Finance A/S

Danske Bank A/S

Den Jyske Sparekasse

EQT Partners

Green Mobility

Intact Financial Services


Jyske Bank A/S


Maersk Drilling


Novo Holdings




Spar Nord Bank

Sydbank A/S


Principaux dossiers

  • Advised Maersk Drilling in connection with its combination with US-based Noble Corporation, and in respect of the voluntary public share exchange offer made to shareholders of Maersk Drilling.
  • Advising Air Greenland on the acquisition and finance of new aircraft and helicopters through a US bond issuance in a matter worth $180m.
  • Advised KommuneKredit on the $1bn 1.00% Fixed Rate Notes due 15 December 2023 issued under the Issuer’s €30bn Medium Term Note Programme.

Kromann Reumert

Kromann Reumert‘s practice is ‘second to none‘ in assisting corporates and investors across the life sciences, energy, industrial, and banking sectors throughout the Nordic region. On the equity capital markets side, Christian Lundgren handles transactions across the pharmaceuticals and telecoms sectors, while Marianne Philip advises international industrial clients on public issuances. On the debt capital markets side, Jakob Bernhoft advises borrowers and lenders on financing work, and Kim Rasmussen assists domestic and international banks on bond issuances and derivatives work. Jens Steen Jensen principally handles financial regulatory issues, Henrik Møgelmose acts for domestic and overseas financial institutions on IPOs and stock exchange regulatory matters, and Christina Bruun Geertsen often assists equity and venture funds with the negotiation of share purchase agreements and due diligence matters.

Responsables de la pratique:

Christian Lundgren; Marianne Philip; Jakob Bernhoft; Jens Steen Jensen; Kim Rasmussen

Autres avocats clés:

Christina Bruun Geertsen; Jørgen Kjergaard Madsen; Henrik Møgelmose; Jeppe Buskov

Les références

‘Experienced team who are trustworthy and genuinely interested in finding solutions.’

‘Very experienced – and always able to find pragmatic solutions, even in new areas within capital markets.’

‘Christian Lundgren provides clear, timely input with a not-too-academic, yet very professional, approach that works.’

Principaux clients

Danske Bank A/S

Nordea Bank

Carlsberg Breweries A/S

FLSmidth & Co A/S

Scandinavian Tobacco Group A/S

Bavarian Nordic A/S

Genmab A/S

Pandora A/S


Ørsted A/S


Nilfisk Holding A/S

Lundbeck A/S

SimCorp A/S

ALK-Abello A/S

Jeudan A/S

Tivoli A/S

Coloplast A/S

GN Store Nord A/S


Nykredit Bank


European Energy

Novo Holdings


Chr. Augustinus’ Fabrikker A/S


Plesner‘s practice assists a varied client base with the full spectrum of capital markets matters, including accelerated book-builds, IPOs, and securities listings. Thomas Holst Laursen and Nicolai Ørsted lead the equity capital markets side of the practice, while Søren Thyssen Valerius leads the debt capital markets side. Laursen and Ørsted customarily advise blue-chip corporates and private equity funds on cross-border IPOs, takeovers, and rights issuances, while Valerius has broad financial regulatory expertise and handles financings. Henrik Laursen has extensive expertise in advising domestic investment banks, and senior associate Janus Jepsen is exceptionally experienced in public takeovers.

Les références

‘Well educated and forthcoming team.’

‘Henrik Laursen is a truly attentive lawyer with correct but still balanced advice.’

Principaux clients

Netcompany Group

Nordea Danmark, Filial af Nordea Bank Abp, Finland

Danske Bank


If P&C Insurance

Danish Ministry of Finance

Zealand Pharma

Carnegie Investment Bank

JP Morgan

Morgan Stanley



European Energy


NTG – Nordic Transport Group

Nordic Waterproofing Holding

ABG Sundal Collier

RISMA Systems

Principaux dossiers

  • Advised Noble Corporation on the complex $1.9bn business combination with The Drilling Company of 1972 A/S, involving a share exchange offer to the shareholders of The Drilling Company of 1972 A/S.
  • Advised TDC Holding A/S, TDC NET A/S and Nuuday A/S on the refinancing of the TDC Group.
  • Advised Sanistål A/ S on the cross-border voluntary public tender offer received from Ahlsell Danmark ApS for the shares held by the minority shareholders in Sanistål A/S, and the simultaneous sale of 75.49% of the shares in Sanistål A/S (held by the major shareholders) to Ahlsell Danmark ApS.

Accura Advokatpartnerselskab

Accura Advokatpartnerselskab‘s growing practice advises domestic financial institutions, issuers and international investment banks on the full scope of issues. The team habitually dispenses advice on statutory documentation packages, disclosure obligations and the preparation of annual general meetings. Anne Zeuthen Løkkegaard leads the team alongside Martin Allan Christensen. Løkkegaard has notable experience in regulatory matters and stock exchange listings, while Christensen regularly advises domestic and overseas investors and financial institutions on takeovers and secondary offerings; he joined the team from Bech-Bruun in February 2022.

Responsables de la pratique:

Anne Zeuthen Løkkegaard; Martin Allan Christensen

Autres avocats clés:

Mads Kjellerup Dambæk; Kåre Stolt; Andreas Steen Vallentin-Hansen

Principaux clients

Alm. Brand



Vestjysk Bank

H+H International

Spar Nord Bank


Fast Ejendom Danmark

Principaux dossiers

  • Advised Alm. Brand on its acquisition of Codan’s Danish business and subsequent billion-Euro rights issuance offering 1.387m new shares with a subscription price of DKK7.55 each.
  • Advised Relesys A/S on its listing and admission for trading on Nasdaq First North Premier Growth Market Denmark.
  • Advised Alm Brand on the listing of tier 1 and tier 2 capital note amounting to DKK400m and DKK1.3bn respectively.


Bech-Bruun‘s capital markets and regulatory practice frequently advises domestic and international stock broker companies and alternative investment fund managers on de-listings, securities trading work and secondary offerings. David Moalem and Steen Jensen co-head the practice. Moalem has vast expertise in regulatory matters and often advises financial institutions and payment services providers on buyback programs and multilateral trading facilities, and Jensen specialises in P2P transactions, takeover bids and prospectuses. International financial law specialist Morten Krogsgaard often advises banks and private equity funds on bond issuances and structured products.

Responsables de la pratique:

David Moalem; Steen Jensen

Autres avocats clés:

Morten Krogsgaard

Principaux clients

Jyske Bank

Green Hydrogen Systems

Bank Nordik

H Lundbeck

Onxeo SA

Lunar Bank

Euronext Denmark (VP Securities)



Flügger group

North Media

H+H International

Skandinaviska Enskilda Banken

Danske Bank

Principaux dossiers

  • Advised Green Hydrogen Systems, which was capitalised with funding from AP Moeller Holding and then matured, on the company’s IPO on Nasdaq Copenhagen.
  • Advised Nordea Bank, JP Morgan, Danske Bank and SEB as joint global coordinators on multiple matters for Alm Brand, including its rights issuance of DKK10.5bn to finance the acquisition of Codan and private placing of DKK900m Alm Brand shares to partly fund its use of pre-emption rights.
  • Advised Welltec on its successful issuance of $325m 8.25% senior secured notes.

Bruun & Hjejle

The ‘high-quality‘ team at Bruun & Hjejle handles the full range of mandates for a diverse client roster of banks, major financial institutions and institutional investors; notable examples include Morgan Stanley, Danske Bank and European Energy. Practice head Morten Jensen is an equity capital markets specialist, who regularly advises on IPOs, sell-down transactions, and rights issuances. The ‘very experiencedJesper Schultz Larsen is adept at assisting clients with stock emissions and listings.

Responsables de la pratique:

Morten Jensen

Autres avocats clés:

Jesper Schultz Larsen; Paula Grønlund; Anne Cathrine Ingerslev

Les références

‘Jesper Schultz Larsen is a very experienced lawyer with deep knowledge of the specialist areas he works with. He is extremely good at combining client needs and goals.’

‘High quality and diverse team. They are very smart, fast and service minded. Can cut through complexity.’

Principaux clients

Danske Bank

Morgan Stanley

J.P. Morgan

Goldman Sachs

Karnov Group Denmark

Better Collective

Nordea Bank, Sweden

Nordic Trustee

Arbejdernes Landsbank

A.P. Møller Holding


Realkredit Danmark

Danmarks Skibskredit

FOM Technologies


European Energy


Principaux dossiers

  • Advising Arbejdernes Landsbank on a DKK1.8bn rights issuance.
  • Advising FOM Technologies A/S on a directed share issuance targeted at Swedish and Danish investors.
  • Represented European Energy, a global renewables company, in connection with an offering of €300m senior unsecured green bonds listed on Nasdaq Copenhagen.


Mazanti-Andersen‘s ‘extremely strong‘ team maintains its focus on advising US-listed corporates on IPOs, and assisting biotech and technology companies with the issuance of convertible bonds. The team frequently handles transitions of stock exchanges, variable equity financings, and equity investments for overseas private issuers. Practice head Lars Lüthjohan Jensen has over 20 years’ experience in advising on convertible notes transactions and directed issuances in the IT and life sciences sectors.

Responsables de la pratique:

Lars Lüthjohan Jensen

Les références

‘Extremely strong in capital markets with great international IPO and ECM experience.’

‘Lars Lüthjohan Jensen is hardworking, very strong on complex corporate structuring matters, public mergers and take overs. Lars is knowledgeable, super experienced and a nice chap.’

Principaux clients

Mitsui & Co. Ltd.

Copyright Agent

Y-mAbs Therapeutics Inc

Ascendis Pharma A/S

Forward Pharma A/S

Evaxion Biotech A/S

Allarity Therapeutics A/S and Inc.

Strategic Investments A/S

FluoGuide A/S

Freetrailer A/S

Initiator Pharma A/S

Virogates A/S

7N A/S

Y-mabs Inc and A/S

Vald. Birn Holding A/S

Principaux dossiers

  • Advised Ascendis Pharma A/S on its $500m convertible bond issuance.
  • Advised Allarity Therapeutics A/S in connection with its reverse IPO to Nasdaq, New York, following delisting from Nasdaq Sweden and a full share swap transaction, including a directed issuance of shares in connection with the IPO of aggregate value of approx. DKK800m.
  • Advised Ascendis Pharma A/S in connection with its $460m public offering of ADS’s.

DLA Piper Denmark

DLA Piper Denmark‘s practice assists clients with the whole array of capital markets transactions, including takeovers, issuances and secondary offerings. The team has seen an increase in equity capital markets mandates and continues to provide advice to domestic investors on the listing of companies on various markets, including Nasdaq Stockholm and Nasdaq First North Growth Market Sweden. Lars Hagbard Grønkjær leads the practice with over 20 years’ experience in advising banks, pharmaceuticals companies and energy companies.

Responsables de la pratique:

Lars Hagbard Grønkjær

Principaux clients


Merlin Entertainments (Legoland A/S)

Elfelagið SEV

Re-Match Holding A/S

Jyske Realkredit

Santander Corporate & Investment Banking

Nordea Bank

PFA Asset Management

Bank of New York Mellon

Scale Capital Funds ll K/S

Real Danmark

P+ and TDC Pensionskasse

Pension Danmark

Danske Bank

Nutreco International B.V.



Brøndby I.F. Fodbold

SunAct Pharma AB

Principaux dossiers

  • Advised Re-Match Holding on its IPO on Nasdaq First North Premier Growth Market.
  • Advised SynAct Pharma on its listing on Nasdaq Stockholm.
  • Advised Initiator Pharma on its listing on Nasdaq First North Growth Market.


Horten‘s team is adept in handling both debt and equity capital markets transactions for a varied client base of issuers, investors and banks. The practice most notably advises on dual listings, issuances and passporting work. Practice co-head Lise Lotte Hjerrild is known for her experience in delistings, capital raisings and IPOs, and co-head Jacob Kornerup advises domestic and global enterprises on transactional matters.

Responsables de la pratique:

Lise Lotte Hjerrild; Jacob Kornerup

Les références

‘Nice people who know their stuff.’

Principaux clients

G4S plc

Scandion Oncology A/S

5th Planet Games

Deutsche Bank

North Media A/S

The Danish Growth Fund (Vækstfonden)

Ardagh Group

JOOL Corporate Finance


BNP Paribas

Berenberg Bank


Principaux dossiers

  • Advised FTSE 100 company, G4S plc, on all EU and Danish ECM matters relating to the successful public takeover bid of approx. £5.4bn from Allied as well as subsequent delisting from Nasdaq Main Market and settlement hereof.
  • Advised a syndicate of international banks with a €3.4bn refinancing of Danish telecoms infrastructure provider TDC NET A/S following its de-merger from TDC Group.
  • Advised Danish Scandion Oncology on all matters relating to its rights emission on Nasdaq First North Sweden.

Moalem Weitemeyer

Moalem Weitemeyer handles both regulatory and transactional issues, with particular emphasis on public-to-private deals and equity issuances. The team assists a variety of listed companies and banks on matters concerning non-callable bonds and listings. Practice head Henning Aasmul-Olsen habitually advises large domestic and international corporates and financial sponsors, and Dan Moalem is an M&A expert. Kristoffer Lund Poulsen was promoted to partner in June 2022 and has broad experience in advising arrangers and issuers on investment grade bond issuances.

Responsables de la pratique:

Henning Aasmul-Olsen

Autres avocats clés:

Dan Moalem; Kristoffer Lund Poulsen

Les références

‘Strong market insights coupled with practical results.’

‘Solid experience and great legal savvy, achieving pragmatic solutions.’

Principaux clients

Søren Alminde Holding ApS

JCA Holding ApS

JOOL Corporate Finance

Danske Andelskassers Bank A/S


Pandora A/S

Tryg A/S




Johnson & Johnson



Bain Capital Private Equity

Shape Robotics A/S

Astralis A/S

Trophy Games Development A/S

Principaux dossiers

  • Advised DSV on the update of its €4bn EMTN programme and subsequent issuance of notes for a total amount of €600m.
  • Advised JOOL Corporate Finance on the issuance of up to DKK400m senior secured notes due in 2024 by CPHI-Holding A/S.
  • Advised Nasdaq Copenhagen Main Market listed Dampskibsselskabet Norden A/S on its issuance and subsequent listing on Nasdaq Copenhagen of its $100m senior unsecured non-callable bonds under a frame of $150m.