Hannes Snellman Counsel to CORDET in Instabox’s Secured Financing Transaction of SEK 400 Million
7 May 2020
Hannes Snellman acted as counsel to CORDET in the secured financing transaction of Instabox, a Swedish e-commerce shipping company. The financing is a combination of equity financing led by Creades and a debt facility provided by CORDET.
CORDET is one of Northern Europe’s leading credit investors in the lower mid-market, with a focus on growth companies. Since 2016, CORDET have invested more than SEK 6bn in more than 20 companies driven by entrepreneurs and leading private equity firms. CORDET is owned and run by the people in the business, with its capital raised from institutional investors.