Private Credit 2026

NORWAY Trends and Developments

Trends and Developments Contributed by: Ida Marie Windrup, Daniel Jovanovic and Markus Nilssen BAHR BAHR was established in 1966 and is one of Scan - dinavia’s leading commercial law firms. It serves as an adviser, problem-solver and partner in strategic discussions for both local and international clients and enjoys a unique tier-one network of global “best friend” firms. BAHR offers services for all business- related legal disciplines. This year, BAHR has ex - panded its reach from being a Norwegian law firm with offices in Oslo and Bergen to become a Scan - dinavian law firm, with offices also in Stockholm and

Copenhagen. BAHR’s finance group comprises ap - proximately 40 people, advising within all areas of fi - nance and restructuring, notably on some extremely complex, innovative and multi-jurisdictional financ - ing transactions for local and international lenders, borrowers, issuers, facilitators and investment funds. BAHR has extensive experience acting for private credit funds and other direct lenders on leveraged financings, acquisition financings and cross-border credit structures.

Authors

Ida Marie Windrup is a partner with BAHR’s finance group, who advises leading Norwegian and international banks, investment banks and private credit providers on debt financing transactions, with a focus on complex

Markus Nilssen is a partner with BAHR’s finance group and leads the firm’s work on structured finance transactions and financial regulations. He has broad experience with different types of financing and DCM

and secured asset and acquisition financing transactions. Ida works across a variety of sectors and industries, including infrastructure and technology, as well as ocean-related industries. She is dual qualified as a Norwegian advokat (lawyer) and an English solicitor.

transactions, including corporate bonds, covered bonds, securitisation, leasing, trade finance and guarantees, as well as derivatives (ISDA), repos and securities finance (ICMA/ISLA) transactions. He also advises clients on all matters relating to financial regulations, including regulatory M&A.

Daniel Jovanovic is a partner with BAHR’s finance group, who specialises in assisting sponsors, borrowers and issuers in connection with large and complex financing transactions and restructurings

across different industries and sectors, including aviation, oil and gas exploration and production, infrastructure, investment, oil services, shipping, offshore activities, real estate and salmon farming.

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