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
Annemari Rosi
Senior Associate Corporate Advisory, Capital Markets, M&A
Annemari advises domestic and international clients in capital markets and public M&A transactions. She has advised clients in a number of equity and debt capital transactions, including IPOs, secondary share issues and bond issues, and in other transactions involving listed companies. Moreover, she advises on questions regarding general corporate law, corporate governance, and securities markets regulation.
Selected References
Parties
Cargotec Corporation and Kalmar Corporation
Transaction
Cargotec’s partial demerger and separation of Kalmar
Deal Value
Approx. EUR 2.0 billion (illustrative carve-out sales)
Role
Counsel to Cargotec Corporation and Kalmar Corporation
Contacts
Parties:
Tokmanni (Buyer), Dollarstore (Target)
Transaction:
Counsel to Tokmanni in its acquisition of the Swedish discount retail chain Dollarstore
Deal value:
SEK 2,028.0 million
Role:
Counsel to Tokmanni
ContactsParties:
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:
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
ContactsParties
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
Parties
Virala Acquisition Company Plc
Transaction
Hannes Snellman acted as legal counsel to Virala Acquisition Company Plc on its IPO and the listing of its Class C shares on the SPAC segment of the regulated market of Nasdaq Helsinki
Deal Value
EUR 107.5 million
Role
Counsel to Virala Acquisition Company Plc
Contacts
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
ContactsParties
Suomen Terveystalo Oy
Transaction
Terveystalo’s IPO and listing on the Nasdaq Helsinki stock exchange
Deal Value
The offering by the company and its shareholders was over EUR 870 million and the Company’s market value was over EUR 1.2 billion
Role
Counsel to Terveystalo
Contacts
Parties
Ahlstrom-Munksjö Oyj (target), a consortium consisting of Ahlström Capital, Bain Capital Private Equity, Viknum and Belgrano Inversiones (buyer)
Transaction
Recommended public cash tender offer for all shares in Ahlstrom-Munksjö Oyj by Spa Holdings 3 Oy
Deal value
Approximately EUR 2.1 billion
Role
Counsel to the consortium
Contacts
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
ContactsParties
The State of Finland (seller), Altia Plc (target)
Transaction
Altia Plc’s IPO and listing on the official list of Nasdaq Helsinki
Deal Value
Over EUR 270 million
Role
Counsel to Altia Plc
ContactsMemberships and Positions of Trust
- Member of the Finnish Bar Association
Professional Background
- Senior Associate, Hannes Snellman, 2019
- Ilmarinen Mutual Pension Insurance Company (Secondment), 2019
- Associate, Hannes Snellman, 2016
- Pohjola Bank plc, Capital Markets Financing (Secondment), 2015
- Borenius Attorneys Ltd, 2015 - 2016
Education
- Master of Laws, University of Helsinki, 2015
Publications
- Co-author of the Finnish Chapter in the Chambers Global Practice Guide to Energy & Infrastructure M&A, 2024