Ásgeir Á. Ragnarsson

Practice area

Banking and Finance
Capital Markets
Commercial and Company Law
Mergers and Acquisitions.
Bankruptcy and Insolvency

LANGUAGES
Icelandic English
Education

Admitted in New York 1999
University of Miami, LL.M., 1998
Admitted in Iceland 1994
University of Copenhagen
University of Iceland Cand. jr., 1993

Recent cases
BARCLAYS BANK, SEB, ING BELGIUM , ARION BANK AND BNP PARIPAS

BBA//Fjeldco advised Barclays Bank, SEB, ING Belium, Arion Band and BNP Paripas in relation to a USD 150 million credit facility to Landsvirkun, the national power company of Iceland.

Takeover of the Nordic travel group Travelco

BBA//Fjeldco advised Arion Bank (Iceland's largest bank listed in Reykjavik and Stockholm) in relation to its takeover of the Nordic travel group Travelco.

Japan Bank for International Cooperation’s (JBIC)

BBA//Fjeldco advised Japan Bank for International Cooperation’s (JBIC) New Energy and Power Finance Department/ Infrastructure and Environment Finance Group in relation to a JBIC Buyer’s Credit of HS Orka.

Arion Banki

BBA//Fjeldco was a legal adviser to Arion Bank hf. in relation to the refinancing of the Scandinavian travel and airline operator Primera Travel Group.

Barclays Bank PLC, CitiGroup Global Markets Limited etc.

BBA//Fjeldco advised to Barclays Bank PLC, CitiGroup Global Markets Limited, Íslandsbanki hf. and Skandinaviska Enskilda Banken AB, in relation to a multi-currency revolving credit facility to Landsvirkjun, Iceland's main electricity utility, of a value of 200 million USD.

Danske Bank, Nordea Bank

BBA//Fjeldco acted on behalf of Danske Bank and Nordea Bank in relation to the financing of Össur hf, a global leader in non-invasive orthopedics that is listed on the NASDAQ QMX Copenhagen Stock Exchange. The transaction amounted up to USD 245,000,000 and EUR 70,000,000.


Financing of Reykjavik Geothermal Ltd

BBA//Fjeldco acted for Goldman Sachs in relation to USD 10 million financing of Reykjavik Geothermal Ltd,. and Icelandic geothermal development company focused on the development of high enthalpy geothermal resources for utility scale power production

Financing of Össur hf.

BBA//Fjeldco was a legal adviser to Nordic Investment Bank in relations to EUR 50 million financing of Össur hf.

Acquisition of Kvikna Medical

BBA//Fjeldco was an Icelandic counsel to Alliance Family of Companies in their acquisition of controlling stake in the Icelandic technology company,Kvikna Medical. Kvikna Medical designs and manufactures software for the uptake and processing of health data. 

City Bank, LLoyd's, JP Morgan and Morgan Stanley in relation to Brexit Capital Markets

A local counsel to City Bank, LLoyd's, JP Morgan and Morgan Stanley in relation to Brexit Capital Markets

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