Ásgeir Á. Ragnarsson
Practice area
Banking and Finance
Capital Markets
Commercial and Company Law
Mergers and Acquisitions.
Bankruptcy and Insolvency
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
LANGUAGES

Recent cases
Financing to Marel
BBA//Fjeldco acted as the Icelandic legal adviser to ABN AMRO, BNP Paribas, Danske Bank, HSBC, ING Bank, RaboBank and UniCredit in relation to a EUR 700 million sustainability-linked syndicated credit facility to Marel hf.
Marel hf. (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food processing equipment, systems, software and services to the poultry, meat and fish industries.
Marel is by far the largest listed company in Iceland. This financing gives Marel increased operational and strategic flexibility and supports the company’s long term strategy. The margin incentive structure linked to Marel performance relating to the environment, gender equality and health and safety.
Legal adviser in relation to BREXIT and other financial regulatory matters
BBA//Fjeldco acted as Legal Adviser to Morgan Stanley, CitiBank, Lloyds Banking Group, HSBC, RW Baird NASDAQ, Shanghai International Exchange and others in relation to BREXIT and other financial regulatory matters.
Legal adviser to Japan Bank for International Cooperation
BBA//Fjeldco provided legal advice to Japan Bank for International Cooperation’s (JBIC) New Energy and Power Finance Department in relation to a JBIC buyer’s credit to HS Orka (Icelandic Borrower). The credit was guaranteed by Landsbankinn and the transaction valued at USD 10 million.
Legal adviser to Lucinity group
BBA//Fjeldco provided legal advice in connection with two funding rounds of Lucinity Group ehf., a start-up company providing intelligent AML solutions, whereas the company empowers its clients, ranging from digital only microbanks to tier 1 US banks. The transaction valued at over USD 8 million.
Credit facility to Össur hf.
BBA//Fjeldco acted as the Icelandic legal adviser to the European Investment Bank in relation to a EUR 69 million credit facility to Össur hf., a leading global provider of non-invasive orthopaedics equipment.
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.