Languages

English, Finnish

Pauliina Sutinen

Senior Associate Finance

Languages

English, Finnish

Pauliina advises clients on all types of financing transactions especially in relation to bank lending, acquisition financing, bond issuances, and structured finance, as well as on matters relating to general corporate, contract, and capital markets law. Pauliina also has expertise in payment services regulation and sustainable finance and is active in Hannes Snellman’s ESG Group.

Selected References

Hannes Snellman acted as counsel to YIT Oyj in its issue of EUR 120 million green senior secured notes due in 2028 and tender offer for its outstanding notes maturing in 2026. The strong interest from investors in the new issuance highlights the capital market's continued confidence in YIT and the outlook for its business. The notes will be applied for listing on Nasdaq Helsinki Ltd.

Contacts

Parties

AMF Tjänstepension AB, Mercada Oy

Transaction

Hannes Snellman advised AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy, a joint venture formed by AMF, Ilmarinen Mutual Mutual Pension insurance Company and Kesko in 2015. Mercada owns 35 properties with 290,000 square meters of leasable area, consisting mainly of grocery stores with Kesko as a tenant, as well as two large shopping centers.

Deal Value

Not public

Role

Counsel to AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy

Contacts

Parties

DevCo Partners Ltd

Transaction

Counsel to DevCo Partners Ltd in its strategic capital raise resulting in EUR 616 million of total commitments for its long-term single asset investment vehicle for Medix Biochemica

Deal Value

EUR 616 million

Role

Counsel to DevCo Partners Ltd

Contacts

Parties

Haveli Investments, M-Files Corporation

Transaction

Haveli Investments' majority recapitalisation of M-Files Corporation, a leading platform for knowledge work automation.

Deal Value

Value not public

Role

Counsel to Haveli Investments

Contacts

Parties

Special Mutual Fund Titanium Care Real Estate (AIF) (Borrower), Danske Bank A/S and OP Corporate Bank plc (Lenders)

Transaction

Counsel to Special Mutual Fund Titanium Care Real Estate (AIF) in its EUR 203,000,000 facility agreement

Deal Value

EUR 203,000,000

Role

Counsel to Special Mutual Fund Titanium Care Real Estate (AIF)

Contacts

  • Antti Nyberg

    Partner +358 40 838 9375 antti.nyberg@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

  • Anna Huttunen

    Associate +358 40 566 7210 anna.huttunen@hannessnellman.com

  • Oona Aalto

    Associate +358 44 023 2073 oona.aalto@hannessnellman.com

Parties

Rapala VMC Corporation (Borrower), OP Corporate Bank plc, Skandinaviska Enskilda Banken AB (publ), and Nordea Bank Abp (Mandated Lead Arrangers and Bookrunners)

Transaction

Hannes Snellman acted as counsel to Rapala VMC Corporation in connection with the establishment of its EUR 106 million secured term and revolving credit facilities underwritten by OP Corporate Bank, Skandinaviska Enskilda Banken, and Nordea Bank

Deal Value

EUR 106 million

Role

Counsel to Rapala VMC Corporation (Borrower)

Contacts

Parties

Rapala VMC Corporation (Issuer), Nordea Bank Abp and OP Corporate Bank plc (Joint Lead Managers)

Transaction

Hannes Snellman acted as counsel to Rapala VMC Corporation in connection with the issuance of its new EUR 30 million hybrid bond

Deal Value

EUR 30 million

Role

Counsel to Rapala VMC Corporation (Issuer)

Contacts

  • Markus Bremer

    Partner +358 40 716 9676 markus.bremer@hannessnellman.com

  • Antti Kuha

    Partner +358 40 775 7440 antti.kuha@hannessnellman.com

  • Matias Moberg

    Partner +358 40 867 4634 matias.moberg@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

  • Elisa Viiri

    Associate +358 40 574 9599 elisa.viiri@hannessnellman.com

Parties

HKFoods Plc (Issuer), Danske Bank A/S and OP Corporate Bank plc (Joint Lead Managers of the new issue)

Transaction

Hannes Snellman acted as counsel to Danske Bank A/S and OP Corporate Bank plc as joint lead managers of HKFoods Plc’s issuance of new EUR 90 million senior secured notes and as dealer managers and solicitation agents in connection with the related tender offer and consent solicitation regarding HKFoods Plc’s earlier senior unsecured notes.

Deal Value

EUR 90 million

Role

Counsel to Danske Bank A/S and OP Corporate Bank plc

Contacts

Parties:

Infranode, MPY Telecom Oyj

Transaction:

Infranode’s acquisition of MPY Telecom Oyj

Role:

Counsel to Infranode

Contacts

Parties:

Konecranes Plc

Transaction:

Hannes Snellman acted as counsel to Konecranes in connection with the establishment of its new EUR 350 million sustainability-linked revolving credit facility.

Deal value:

EUR 350 million

Role:

Counsel to Konecranes Plc

Contacts

Nordea Bank and LähiTapiola in the financing of the acquisition and establishment of Better Burger Society by Intera and NoHo Partners.

Contacts

Parties:

Terveystalo Plc

Transaction: 

Counsel to Terveystalo Plc, a healthcare service provider listed on Nasdaq Helsinki, in the issue and listing of senior unsecured sustainability-linked notes. 

Value:

EUR 100 million

Role:

Counsel to Terveystalo Plc

Contacts

Parties:

Sanoma Corporation, Nordea Bank Abp

Transaction: 

Counsel to Sanoma Corporation, a K12 learning service provider and cross-media company listed on Nasdaq Helsinki, in the issuance and listing of hybrid capital securities in the amount of EUR 150 million. Nordea Bank Abp acted as lead manager in the issue of the capital securities.

Value:

EUR 150 million

Role:

Counsel to Sanoma Corporation

Contacts

Parties: 

Eltel AB

Transaction:

Eltel AB’s EUR 25 million issue and listing of sustainability - linked hybrid capital securitie

Deal value:

EUR 25 million

Role:

Counsel to Eltel AB

Contacts

  • Markus Bremer

    Partner +358 40 716 9676 markus.bremer@hannessnellman.com

  • Annemari Rosi

    Senior Associate +358 40 573 5304 annemari.rosi@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

Parties

Remeo Holding II Oy (buyer), Delete Finland Oy (seller), Delete Ympäristöpalvelut Oy (target)

Transaction

Counsel to Remeo in its acquisition of Delete Ympäristöpalvelut Oy, a Finland-based environmental and recycling services provider.

Deal Value

Value not public

Role

Counsel to Remeo

Contacts

Parties:

Ahlström Capital BV and Nidoco AB (buyers), Ahlstrom-Munksjö (seller), Decor Solutions business area (target)

Transaction:

The buying consortium comprising Ahlström Capital BV and Nidoco AB, in the investment in the majority share of Ahlstrom-Munksjö’s Decor Solutions business area.

Deal Value:

Value not public

Role:

Counsel to the buying consortium (Ahlström Capital BV and Nidoco AB)

 

Contacts

Parties

Basware Corporation (target), a consortium consisting of Accel-KKR, Long Path Partners, and Briarwood Chase Management (buyer)

Transaction

Counsel to the offeror consortium of Accel-KKR, Long Path Partners, and Briarwood Chase Management in the tender offer for all outstanding securities in Basware Corporation.

Deal Value

EUR 620 million

Role

Counsel to the consortium

Contacts

Parties 

IK Partners (Buyer), Intera Fund II Ky, Intera Fund III Ky, management and other minority shareholders (Sellers), Renta Group Oy (Target)

Transaction 

Intera Partners’ sale of Renta Group Oy to IK Partners

Deal Value 

Value not public

Role

Counsel to Intera Partners

Contacts

Counsel to BNP Paribas in LocalTapiola Finance’s EUR 592 million public securitisation of a portfolio of Finnish consumer auto hire purchase contracts, 2021.

Contacts

Counsel to Nordea Bank Abp in connection with its issues under its GMTN and EMTN Programmes, 2021. 

Contacts

Parties

Nordea Bank Abp, Duell Bike-Center, Tecno Globe

Transaction

Counsel to Nordea Bank Abp in financing the acquisition of Tecno Globe by Duell Bike-Center, a portfolio company of Sponsor Capital, and the refinancing of existing financing of Duell Bike-Center

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Contacts

  • Antti Nyberg

    Partner +358 40 838 9375 antti.nyberg@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

  • Elisa Viiri

    Associate +358 40 574 9599 elisa.viiri@hannessnellman.com

Parties 

Staffbase GmbH, Valo Solutions Oy

Transaction 

Staffbase’s acquisition of Valo Solutions, the Finnish-based leading provider of intranets and workplace solutions.

Deal Value 

Value not public

Role

Counsel to Staffbase GmbH

Contacts

Parties 

Virala Acquisition Company Plc, Purmo Group Ltd

Transaction 

Virala Acquisition Company Plc's merger with Purmo Group Ltd.

Deal Value 

EUR 685 million

Role

Counsel to Virala Acquisition Company Plc

Contacts

Parties

Valmet, Neles

Transaction

Hannes Snellman acted as lead counsel to Valmet, a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries, in its merger with Neles, one of the leading providers of mission-critical flow control solutions and services for process industries in Finland. 

Deal Value

The combined value of the merging companies is approximately EUR 7 billion.

Role

Lead counsel to Valmet

Contacts

  • Klaus Ilmonen

    Partner, Doctor of Laws +358 40 831 1868 klaus.ilmonen@hannessnellman.com

  • Jon Termonen

    Managing Associate +358 40 767 6347 jon.termonen@hannessnellman.com

  • Annemari Rosi

    Senior Associate +358 40 573 5304 annemari.rosi@hannessnellman.com

  • Aki Salmela

    Senior Associate +358 50 307 9056 aki.salmela@hannessnellman.com

  • Sofi Lehtinen

    Associate +358 40 620 7199 sofi.lehtinen@hannessnellman.com

  • Satu Kokko

    Senior Associate +358 40 838 9157 satu.kokko@hannessnellman.com

  • Mikko Huimala

    Partner +358 44 530 0753 mikko.huimala@hannessnellman.com

  • Antti Nyberg

    Partner +358 40 838 9375 antti.nyberg@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

  • Heikki Vesikansa

    Partner +358 40 844 2117 heikki.vesikansa@hannessnellman.com

  • Jenni Parviainen

    Managing Associate +358 40 808 6523 jenni.parviainen@hannessnellman.com

  • Harri Vehviläinen

    Specialist Partner +358 40 183 1636 harri.vehvilainen@hannessnellman.com

Parties

Aktia Bank Plc

Transaction

Aktia Bank Plc issue of Additional Tier 1 unsecured fixed to fixed rate Finnish law notes of EUR 60 million on 26 May 2021

Deal Value

EUR 60 million

Role

Counsel to Aktia Bank Plc

Contacts

  • Henrik Mattson

    Senior Adviser +358 40 561 1102 henrik.mattson@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

  • Annemari Rosi

    Senior Associate +358 40 573 5304 annemari.rosi@hannessnellman.com

Parties 

AMF Pensionsförsäkring AB (Buyer), Keva (Seller), Caruna (Target)

Transaction 

AMF Pensionsförsäkring AB’s acquisition of a 12.5% minority stake in Caruna from Keva

Value

Value not public

Role 

Counsel to AMF Pensionsförsäkring AB

Team

Rabbe Sittnikow, Erik Stenman, Jussi Ekonen, Janna Pihanurmi, Aaron Fagerholm, Noora Britschgi, Pauliina Sutinen, Janne Veneranta, Susanna Hernberg, Beata-Maria Pippingsköld, Laura Sainio, and Mikko Huimala.

Contacts

Parties

Viking Malt Oy, OP Corporate Bank plc, Danske Bank A/S, Finland Branch, Danske Bank A/S

Transaction

Hannes Snellman acted as counsel to Viking Malt in financing of EUR 90 million production plant investment in Lahti. The investment was the biggest investment in Finnish food and beverage industry and in Lahti region during the past 10 years. The financing package was partially guaranteed with an export credit agency guarantee granted by Euler Hermes Aktiengesellschaft.

Deal Value

Value not public

Role

Counsel to Viking Malt

Contacts

Parties

Optomed Plc

Transaction

Optomed’s IPO and listing on the Nasdaq Helsinki stock exchange

Deal Value

The offering by the company and its shareholders amounted to approximately EUR 44 million

Role

Counsel to Optomed Plc 

Contacts

Parties

Volati (Buyer), Pisla Group Oy (Seller), Pisla Oy (Target)

Transaction

Volati's acquisition of Pisla Oy from Pisla Group Oy

Deal Value

Value not public

Role

Counsel to Volati

Contacts

Parties:

Cargotec Corporation, Konecranes Plc

Transaction:

The announced, but subsequently abandoned, merger of Cargotec and Konecranes in 2021-2022

Deal value:

Approx. EUR 2.7 billion

Role:

Counsel to Konecranes Plc

Contacts

Parties 

NREP

Transaction 

Counsel to NREP in financing the development of residential properties located in Niittykumpu and Leppävaara, Espoo, 2020

Deal Value 

Value not public

Hannes role 

Counsel to NREP

Hannes team

Markus Bremer, Laura Kotilainen, Valerie Wårvik, Pauliina Sutinen and Linda Launonen

Contacts

Finnish counsel to Brite AB.

Contacts

  • Jari Tukiainen

    Specialist Partner +358 40 518 1275 jari.tukiainen@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

Parties 

Local Tapiola Finance Ltd

Transaction

Local Tapiola Finance Ltd's issue of EUR 115,000,000 2-year senior unsecured floating rate notes

Deal Value

Value not public

Role

Counsel to Local Tapiola Finance Ltd

Contacts

Counsel to UBS Europe SE in Finnish financial regulatory matters.

Contacts

  • Jari Tukiainen

    Specialist Partner +358 40 518 1275 jari.tukiainen@hannessnellman.com

  • Pauliina Sutinen

    Senior Associate +358 50 346 5280 pauliina.sutinen@hannessnellman.com

Finnish counsel to Qliro Group.

Contacts

Finnish counsel to Nordax Bank AB (publ).

Contacts

Parties

Nordea Bank Abp, Evolver Equity Fund I, Micro Aided Design Oy, Arktis AS, Nolliplan AB

Transaction

Counsel to Nordea Bank Abp in financing the acquisitions of Micro Aided Design Oy, Arktis AS and Nolliplan AB by Evolver Equity Fund I

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Contacts

Rankings

  • "She is responsive and a pleasant person to work with. ", IFLR1000, Financial and corporate, 2021

Memberships and Positions of Trust

  • Member of the Finnish Bar Association

Professional Background

  • Senior Associate, Hannes Snellman, 2023-
  • Nordea Bank Abp (Secondment), October – December 2022
  • Associate, Hannes Snellman, 2019

Education

  • Master of Laws, University of Helsinki, 2019
  • Master of Laws, Lund University, 2018
  • Bachelor of Arts, Tallinn University, 2016

Publications

  • Tilipankkien velvoite avata pääsy asiakkaidensa pankkitilidataan PSD2:n nojalla sekä sen ulkopuolella – Open banking kilpailuoikeuden näkökulmasta | Account banks’ obligation to provide access to their clients’ bank account data under the Payment Services Directive 2 and outside of its scope – Open banking from a competition law perspective (available only in Finnish), Defensor Legis 1/2020