June 2009

Financial advisor in connection with Nordzucker’s debt financing of the acquisition of Danisco Sugar

Nordzucker is a co-operative and therefore owned by the suppliers of raw materials. The company had a high, stable cash flow and a high equity ratio, enabling the entire acquisition of Danisco Sugar to be debt financed.

ATRIUM prepared the tender documents, which were discussed with a number of selected banks, primarily Northern European and/or Scandinavian, in order to achieve the most appropriate financing structure and loan terms (maturity, covenants, pricing, etc.)

We, in cooperation with Nordzucker, were in charge of adjusting the Group’s financial reporting system, so that going forward the company could meet the various reporting requirements in the form of statements, ratios, etc. that were specified in the loan terms.