Parties

UrbanLight, Alma Property Partners, Alea Partners

Transaction

Hannes Snellman acted as counsel to UrbanLight, a joint venture between Alma Property Partners and Alea Partners, in a sale and leaseback of two logistics properties located in Tuusula with Kreate.

Deal Value

Value not public

Parties

Konecranes, OP Corporate Bank

Transaction

Hannes Snellman acted as counsel to Konecranes in connection with the establishment of a new EUR 100 million sustainability-linked term loan facility with OP Corporate Bank plc.

Deal Value

EUR 100 million

Role

Counsel to Konecranes Plc

Parties

Nordea Bank Abp

Transaction

USD 800 million Perpetual Reset Additional Tier 1 Conversion Notes issued under Nordea Bank Abp’s Global Medium-Term Note Programme

Deal Value

USD 800 million

Role

Issuer counsel to Nordea Bank Abp

Parties

Accent Equity and its portfolio companies (Borrower), Nordea Bank Abp (Lender)

Transaction

Hannes Snellman acted as counsel to Nordea Bank Abp in connection with the financing of the acquisition of Helkama Bica Oy by Accent Equity and Helkama Bica’s executive management

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Parties

Nordea Bank Abp

Transaction

SEK 3.75 billion Floating Rate Additional Tier 1 Conversion Notes and NOK 1.6 billion Floating Rate Additional Tier 1 Conversion Notes issued under Nordea Bank Abp’s Global Medium-Term Note Programme

Deal Value

SEK 3.75 billion and NOK 1.6 billion

Role

Issuer counsel to Nordea Bank Abp

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

Parties

Keliber Oy

Transaction

Counsel to Sibanye-Stillwater’s subsidiary Keliber Oy in respect of matters of Finnish law in the EUR 500 million green loan financing for the Keliber lithium project in Finland through its subsidiary Keliber Technology Oy. The green loan secures the final capital expenditure funding required for the construction and development of the Keliber lithium project’s mining, processing and refining facilities in Kaustinen, Kronoby and Kokkola, Finland.

Deal Value

EUR 500 million

Role

Counsel to Keliber Oy

Parties

Nordea Bank Abp, Danske Bank A/S, Planmeca Oy

Transaction

Nordea Bank Abp and Danske Bank A/S's two term loan facility agreements in aggregate of EUR 150 million for Planmeca Oy

Deal Value

EUR 150 million

Role

Counsel to Nordea Bank Abp and Danske Bank A/S

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)

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

Parties

YIT Oyj

Transaction

Counsel to YIT Oyj in the issue of EUR 100 million senior secured green notes due 2027 and in the consent solicitation in relation to EUR 100 million green notes due 2026.

Deal Value

EUR 100 million

Role

Counsel to YIT Oyj

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

Parties

Nykredit Realkredit A/S, Eres Europe II Finland Oy, Nuveen Real Estate

Transaction

Counsel to Nykredit Realkredit A/S in financing the acquisition of single family housing portfolio by Eres Europe II Finland Oy (Nuveen Real Estate group)

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S

Parties

Nordea Bank Abp, Danske Bank A/S, Saxo Bank A/S, Mandatum plc, Sampo plc

Transaction

Counsel to Nordea Bank Abp and Danske Bank A/S in relation to EUR 200,000,000 loan agreement concerning the acquisition of Saxo Bank A/S by Mandatum plc from Sampo plc

Deal value

EUR 200,000,000

Role

Counsel to Nordea Bank Abp and Danske Bank A/S

Transaction 

Counsel to YIT Oyj in relation to its EUR 33.5 million directed share issue, its issue of EUR 36 million convertible notes and certain amendments to its EUR 300 million revolving credit facility agreement with Nordea, Danske Bank, LähiTapiola, OP Corporate Bank, SEB, and Swedbank and its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.

Role

Counsel to YIT Oyj

Parties

OP Corporate Bank plc, Nordea Bank Abp, Danske Bank A/S, Danske Bank A/S, Finland Branch, Tenetor Oy Ab, Veho Oy Ab and Lemiro Oy Ab

Transaction

Hannes Snellman acted as counsel to the finance parties in EUR 183 million refinancing of Veho group

Deal Value

EUR 183 million committed loan facilities and EUR 60 million uncommitted loan facilities

Role

Counsel to OP Corporate Bank plc, Nordea Bank Abp, Danske Bank A/S and Danske Bank A/S, Finland Branch

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)

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)

Parties

Alma Media Corporation, Danske Bank, Nordea Bank, and OP Corporate Bank

Transaction

Hannes Snellman acted as counsel to OP Corporate Bank plc as credit coordinator in relation to Alma Media Corporation’s EUR 190 million sustainability-linked credit facilities arranged by Danske Bank, Nordea Bank, and OP Corporate Bank

Deal value

EUR 190 million

Role

Counsel to OP Corporate Bank plc

Parties:

Danske Bank, La Banque Postale, Neoen, Prokon

Transaction:

Counsel to Danske Bank and La Banque Postale in respect of matters of Finnish law in the project financing of a Finnish onshore wind farm portfolio consisting of the three onshore wind farms Björkliden, Lumivaara, and Storbötet, co-developed by Neoen and Prokon and currently under construction. These projects will have a combined capacity of approx. 202.5 MW.

Deal value: 

Approx. EUR 220 million

Role:

Finnish Counsel to Danske Bank and La Banque Postale

Parties

Nordea Bank Abp, Vaaka Partners, Mezzoforte Oy 

Transaction

Nordea Bank Abp's financing of Vaaka Partners’ acquisition of Huutokaupat.com, a digital marketplace.

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Hannes Snellman acted as counsel to YIT Oyj in relation to its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.

Parties:

LegacyinSight BC (Borrower), Eurazeo Investment Manager, S.A (Arranger) and Glas SAS (Agent)

Transaction:

Counsel to the arranger and lenders in refinancing of LegacyinSight BC Oy’s existing facilities

Deal Value:

Value not public

Role:

Counsel to Eurazeo Investment Manager

Parties

Nordea Bank Abp, Serena Properties, Balder

Transaction

Nordea Bank Abp's refinancing of the Serena Properties portfolio.

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Counsel to Nordea Bank Abp in connection with the various issues under its EMTN Programme.

Counsel to the joint lead managers with the several issues of the Republic of Finland’s Serial Bonds.

Counsel to Nordea Mortgage Bank in connection with the update of its €25,000,000,000 Covered Bond Programme.

Counsel to OP Mortgage Bank in connection with the various issues under its EMTCB Programme.

Counsel to Nordea Bank Abp in connection with the update of its €50,000,000,000 Euro Medium Term Note Programme.

Counsel to Nordea Bank Abp in connection with the update of its U.S.$25,000,000,000 Global Medium-Term Note Programme.

Parties

OP Corporate Bank plc, Danske Bank A/S, SATO Corporation and Sato-Asunnot Oy

Transaction

Counsel to OP Corporate Bank plc and Danske Bank A/S in relation to SATO’s EUR 100 million sustainability linked secured term loan facility agreement.

Deal Value

EUR 100 million

Role

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

Counsel to Aareal Bank in arranging a senior secured financing for NREP’s Noli Studios co-living premises in the Herttoniemi residential area of Helsinki.

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

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

Parties:

SULO Group, (Buyer), Molok Group Oy (Target)

Transaction:

Hannes Snellman counsel to SULO Group, a global waste management leader, in its acquisition of Molok Group Oy from Vaaka Partners.

Deal value: 

Value not public

Role:

Counsel to SULO Group

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

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

Parties:

Equip Capital, Lakers Group AB, Vestum AB

Transaction:

Equip Capital has acquired a portfolio of companies from Lakers Group by Vestum AB

Deal value: 

Value not public

Role:

Counsel to Equip

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

Parties

Solidium Oy

Transaction

Hannes Snellman acted as counsel to Solidium Oy in connection with the establishment of its new EUR 300 million revolving credit facility arranged by Danske Bank, Nordea Bank, and Skandinaviska Enskilda Banken

Deal Value

EUR 300 million

Role

Counsel to Solidium Oy

Counsel to lender in the financing and refinancing of the acquisition of the landmark office property Bulevardi 2 located in Central Helsinki.

Parties 

LähiTapiola Yhteiskuntakiinteistöt Suomi Ky (buyer), the Kirkkonummi Health and Social Services Centre (target), the Municipality of Kirkkonummi (seller)

Transaction 

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky in the acquisition and financing of the Kirkkonummi Health and Social Services Centre from the Municipality of Kirkkonummi.

Deal value 

EUR 63.5 million

Role 

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

Parties

Nordea Bank Abp, Cervi Talotekniikka Oy (target), Intera Partners (buyer)

Transaction

Counsel to Nordea Bank Abp in the financing of acquisition of Cervi Talotekniikka Oy by Intera Partners.

Deal Value

Classified

Role

Counsel to Nordea Bank Abp

Parties

Nordea Bank Abp and LocalTapiola, Spinverse Oy (target), Evolver Equity (buyer)

Transaction

Counsel to Nordea Bank Abp and LocalTapiola in the financing of acquisition of Spinverse Oy by Evolver Equity

Deal Value

Classified

Role

Counsel to Nordea Bank Abp and LocalTapiola

Counsel to OP Mortgage Bank in connection with the update of its EUR 25,000,000,000 Euro Medium Term Covered Bond (Premium) Programme.

Parties:

Verdane Capital, Lumene

Transaction:

The refinancing of Lumene

Deal Value:

Value not public

Role:

Counsel to Verdane Capital and Lumene

Parties

A consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital (buyer), Caverion Oyj (Target)

Transaction 

Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital in the recommended public cash tender offer for all shares in Caverion Oyj.

Deal value 

EUR 955 million

Role 

Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital

Counsel to Exilion in the Construction and Financing of Isokangas and Palokangas Wind Farms. The projects will be constructed in Ii in northern Ostrobothnia, Finland, and will have an aggregate capacity of 100MW. The estimated yearly production of the two wind farms will be around 320,000 MWh. Our team advised Exilion in respect of negotiating turbine supply and services, balance of plant and financing agreements.

Parties

The German State (Buyer), Fortum Oyj (Seller), Uniper SE (Target)

Transaction 

Fortum Oyj’s arrangements related to stabilisation of its German subsidiary Uniper SE. The package will ensure multi-billion funding for Uniper, sale of Fortum’s shareholding in Uniper to the German State for approximately EUR 0.5 billion as well as repayment of Fortum’s EUR 4 billion receivables from Uniper and release of EUR 4 billion parent company guarantees.

Deal value 

Approx. EUR 4.5 billion

Role 

Finnish counsel to Fortum Oyj

Parties

Fortum Oyj, Uniper SE, Solidium Oy

Transaction 

Fortum Oyj’s EUR 2.35 billion bridge finance facility provided by the Finnish state-owned holding company Solidium Oy

Deal value 

Loan amount max. EUR 2.35 billion

Role 

Finnish counsel to Fortum Oyj

Parties 

PCP and Avia Pharma AB

Transaction

PCP in its SEK 350 million term loan to Avia Pharma AB

Deal Value 

SEK 350 million term loan

Role 

Counsel to PCP

Parties

Orange Capital Partners (Buyer), Starwood Capital Group and Avara Oy (Sellers)

Transaction

Hannes Snellman acted as counsel to Orange Capital Partners in the acquisition of a residential portfolio of 2,200 apartments located across 16 cities from Starwood Capital Group and Avara Oy

Deal Value

Value not public

Role

Counsel to Orange Capital Partners

Parties:

Applied Materials Inc. (buyer), Picosun Oy (target)

Transaction:

The acquisition of Picosun Oy, an innovator in atomic layer deposition (ALD) technology, primarily for specialty semiconductors.

Deal Value:

Value not public

Role:

Finnish counsel to Applied Materials Inc.

Parties

Nordea Bank Abp, Skandinaviska Enskilda Banken (publ), and VR-Group Ltd

Transaction

Hannes Snellman acted as counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ) in EUR 100 million term credit facility of VR-Group Ltd.

Deal Value

EUR 100 million

Role

Counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ)

Parties:

Mandatum Asset Management Ltd, NREP’s Noli Studios

Transaction:

Counsel to Mandatum Asset Management Ltd in arranging a senior secured financing for the acquisition of land and for the construction of NREP’s Noli Studios in Otaniemi, Espoo

Deal Value:

Value not public

Role:

Counsel to Mandatum Asset Management Ltd

Parties:

Esperi Care (target), Danske Bank, SEB, and Ilmarinen (majority owners), Triton (buyer)

Transaction:

Counsel to Esperi Care and its majority owners Danske Bank, SEB, and Ilmarinen in the acquisition of the majority of Esperi Care’s shares by Triton Smaller Mid Cap Fund II advised by Triton.

Deal Value:

Value not public.

Role:

Counsel to Esperi Care and its majority owners

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)

Parties:

CapMan Real Estate (buyer), Goldman Sachs Asset Management and Cromwell Property Group (sellers)

Transaction:

The acquisition and financing of an office property portfolio from Goldman Sachs Asset Management and Cromwell Property Group.

Deal Value:

Value not public

Role:

Counsel to CapMan Real Estate.

Parties 

NREP (Buyer), a fund managed by Genesta (Seller)

Transaction 

Hannes Snellman acted as counsel to NREP in the financing and refinancing of the acquisition of the historic office property Bulevardi 21 located in Central Helsinki from a fund managed by Genesta.

Deal Value 

Value not public

Role

Counsel to NREP

Counsel to Finnish Customs in the public procurement of bitcoin brokerage services. The assignment is related to the Finnish Government’s decision to sell the Bitcoins and other cryptocurrencies seized by Finnish Customs and allocate a significant share of the additional revenue to support Ukraine in the current war.

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

Parties 

LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

Transaction 

Hannes Snellman acted as counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky in its arrangement for syndicated loan facilities for acquisition of Finnish properties

Deal Value 

Value not public

Role

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

Parties

Orange Capital Partners and another global investor (Buyers), Morgan Stanley (Seller)

Transaction

Orange Capital Partners' and another global investor's acquisition of a residential portfolio with 37 assets and 1,900 apartments from Morgan Stanley

Deal Value

Value not public

Role

Counsel to Orange Capital Partners and another global investor

Parties 

Areim, Valio Pension Fund

Transaction 

Acquisition of an office property, located in Helsinki at Kaikukatu 3 A, from Valio Pension Fund

Deal Value 

Value not public

Role

Counsel to Areim

Counsel to Eltel AB in financing agreement with banks comprising a EUR 35 million term loan and EUR 90 million revolving credit facility.

Counsel to Nordea Bank Abp in Financing the Acquisition of KaVo Treatment Unit & Instrument business (2020 turnover of approximately USD 317 million) by Planmeca Oy, a global leader in many fields of healthcare technology.

Parties
YIT

Transaction
Issue of two EUR 100 million green bonds and EUR 100 million green capital securities by YIT Oyj

Deal Value

EUR 300 million

Role
Counsel to YIT

Parties
Lassila & Tikanoja plc (JV shareholder), Neova Oy (JV shareholder), L&T Biowatti Oy (joint venture company)

Transaction
Counsel to Lassila & Tikanoja plc, a service company that is putting the circular economy into practice, in creating a joint venture with Neova Oy consolidating the parties’ energy wood businesses in Finland and Estonia. The joint venture’s turnover is approximately EUR 100 million and it employs approximately 100 employees.

Deal Value
Not disclosed

Role
Legal counsel to L&T plc

Parties

Viking Line Abp

Transaction

Counsel to Viking Line Abp on its EUR 51.8 million issue of new shares with pre-emptive rights for existing shareholders.

Deal Value

EUR 51.8 million

Role

Counsel to Viking Line Abp

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

Parties

LAK Real Estate Oy, Kiinteistö Oy Apron

Transaction

Counsel to LAK Real Estate Oy in financing of hotel construction at Helsinki Airport

Deal Value 

EUR 120 million

Role

Counsel to LAK Real Estate Oy and Kiinteistö Oy Apron and it's direct parent companies

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

Counsel to Nordea Bank Abp in relation to its issue of U.S.$1,000,000,000 Perpetual Reset Additional Tier 1 Conversion Notes on 1 September 2021.

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

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

Parties

Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, Skandinaviska Enskilda Banken (publ), and VR-Group Oy

Transaction

Hannes Snellman acted as counsel to Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, and Skandinaviska Enskilda Banken (publ) in EUR 200 million sustainability linked revolving credit facility of VR-Group Oy.

Deal Value

EUR 200 million

Role

Counsel to Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, and Skandinaviska Enskilda Banken (publ)

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

Parties

European Directories, Mandatum

Transaction

European Directories' EUR 40,000,000 private financing of European Directories BondCo S.C.A., a portfolio company of Triton Fund III. The financing was arranged by Mandatum Asset Management Ltd and certain other Sampo Group companies.

Deal Value

EUR 40,000,000

Role

Counsel to European Directories

Parties 

The State of Finland, Finnair Plc

Transaction 

Counsel to the State of Finland in the hybrid loan arrangement with Finnair Plc

Deal Value 

Up to EUR 400 million

Role 

Counsel to the State of Finland (Prime Minister’s Office)

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

Parties

PPG Industries, Inc. (Bidder), Tikkurila Oyj (Target)

Transaction

Recommended public cash tender offer for all of the shares in Tikkurila by PPG Industries, Inc.

Deal Value

EUR 1.5 billion

Role

Counsel to Tikkurila Oyj

Parties

Castellum (Buyer), Lindström Invest (Target)

Parties

Exilion Tuuli (Buyer), St1 (Seller)

Parties 

Nordea Bank Abp, Nordea Bank Abp, filial i Sverige, Danske Bank  A/S, Danske Bank  A/S, Finland Branch, Norvestor, PHM Holding Oy, Kotikatu Holding Oy

Transaction

Nordea Bank's and Danske Bank's EUR 195,000,000 senior loan financing supporting Norvestor together with PHM Group in the acquisition of Kotikatu Holding Oy

Deal Value

EUR 195 million

Role

Counsel to Nordea Bank Abp and Danske Bank A/S

Counsel to OP Mortgage Bank in connection with the establishment of its €10,000,000,000 Euro Medium Term Retained Covered Note Programme.

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

Counsel to OP Corporate Bank plc in connection with the update of its €20,000,000,000 Euro Medium Term Note Programme.

Counsel to Skandinaviska Enskilda Banken AB (publ) Helsinki Branch in the financing of forest asset secured green loan facilities up to EUR 350,000,000 in Finland.

Parties

Nykredit Realkredit A/S, Catella

Transaction

Counsel to Nykredit Realkredit A/S in refinancing of housing company portfolio located in the Helsinki region owned by Catella

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S

Counsel to Nordea Bank Abp in connection with the update of its U.S.$25,000,000,000 Global Medium-Term Note Programme.

Counsel to the joint lead managers with the several issues of the Republic of Finland’s Serial Bonds.

Parties

City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II

Transaction

The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres

Deal Value

Approx. EUR 300 million

Role

Counsel to City of Espoo

Team

Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér

Counsel to Finnish Fund Industrial Cooperation Ltd (FINNFUND) in its finance arrangements in emerging markets in Africa and the Middle East.

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

Parties

Nordea Bank Abp, PHM Holding Oy, Norvestor

Transaction

Nordea Bank Abp's financing of the acquisition of the majority of shares in PHM Holding Oy (PHM) by Norvestor

Deal Value 

Value not public

Role 

Counsel to Nordea Bank Abp

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

Parties

Nordea Bank Abp, Areim

Transaction

Counsel to Nordea Bank Abp in financing the acquisition of a residential portfolio of 900 rental apartments from Ilmarinen by Areim

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

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

Finnish counsel to Qliro Group.

Counsel to various UK based banks, fund managers and investment firms as well as Nordic and international entities on their Brexit planning in Finland and Sweden

Counsel to various UK based investment firms and banks on applying for post-Brexit authorisation from the Finnish Financial Supervisory Authority.

Counsel to various alternative investment fund managers on Finnish and Swedish licencing applications and notification requirements, and assisted in their licence or notification processes with the Finnish and Swedish Financial Supervisory Authority

Counsel to a Swedish credit institution on the implementation of changes to the regulatory treatment of non performing exposures.

Finnish counsel to Nordax Bank AB (publ).

Counsel to an international firm with launching its consumer credit business in Sweden including ownership and management assessments, and the various documentation necessary for regulatory approvals.

Finnish netting counsel to ISDA.

Finnish counsel to CLS.

Counsel to the Finnish State Treasury on financial regulatory and documentation issues.

Finnish and Swedish counsel to SIX x-clear Ltd in their entry to the Nordic market as a central clearing counterparty for NASDAQ OMX originated trades.

Counsel to Euroclear SA/NV on Finnish banking and financial regulatory matters.

Parties

Parties

OP Corporate Bank plc as the credit coordinator with Nordea and SEB as other creditors. Kesko as the Borrower

Transaction

EUR 300 million syndicated credit facility for Kesko Corporation, in which the interest is linked to sustainability targets

Deal Value

EUR 300 million and an additional EUR 300 million conditional loan

Role

Counsel to OP Corporate Bank plc

Counsel to Rapala VMC Corporation in a hybrid bond issue of EUR 25 million

Parties

Santander Consumer Finance Oy as Originator, SCF Rahoituspalvelut VIII DAC as Issuer, and Barclays, Banco Santander and Merrill Lynch as Joint Lead Managers

Transaction

STS-securitisation of auto loan hire purchase contracts

Deal Value

EUR 799,200,000

Role

Counsel to Joint Lead Managers (Barclays Bank PLC, Banco Santander S.A., BofA Merrill Lynch)

Parties

DekaBank Deutsche Girozentrale

Transaction

DekaBank Deutsche Girozentrale’s project financing of Project Piiparinmäki, the largest wind farm in Finland

Deal Value

Value not public

Role

Counsel to DekaBank Deutsche Girozentrale

Parties

Counsel to Pankaboard Oyj in the outsourcing of steam production to Adven Oy

Parties

Nordic real estate investment company NREP

Transaction

Counsel to Nordic real estate investment company NREP in financing the acquisition of the Arabia shopping centre in Helsinki and the Duo shopping centre in Tampere, 2019

Deal Value

Approx. EUR 77 million

Role

Counsel to NREP

Parties

Nykredit Realkredit A/S, Nykredit Bank A/S, Doric, Svenska Folkskolans Vänner R.F. foundation

Transaction

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S in financing the acquisition of a building in the center of Helsinki by Doric from Svenska Folkskolans Vänner R.F. foundation

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S

Parties

Nykredit Realkredit A/S, Nykredit Bank A/S, Areim, GE Healthcare Finland

Transaction

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S in financing the acquisition of an office building in Helsinki by Areim from GE Healthcare Finland

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S

Parties

Nordea Bank Abp, Relais Group, Aktiebolaget Reservdelar, Huzell I Karlstad Aktiebolag

Transaction

Counsel to Nordea Bank Abp in financing the acquisition of Aktiebolaget Reservdelar and Huzell I Karlstad Aktiebolag by Relais Group

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Parties

Byggnadstekniska Byrån Sverige AB (Target), Sitowise Holding AB (Buyer), Byggnadstekniska Byrån Mosebacke AB (Seller)

Transaction

Intera Partners backed Sitowise Oy in the Acquisition of Byggnadstekniska Byrån Sverige AB

Deal Value

Value not public

Role

Counsel to Intera Partners

Parties

DWS (Buyer), Lehto Group plc. (Seller)

Transaction

Acquisition of a residential portfolio comprising 542 apartments from Lehto Group plc.

Deal Value

Value not public

Role

Counsel to DWS

Parties

Nordea Bank Abp

Transaction

Nordea Bank Abp's issue of U.S.$1,250,000,000 Perpetual Non-Call March 2026 Additional Tier 1 Conversion Notes under the U.S.$25,000,000,000 Global Medium Term Note Programme in March

Deal Value

USD 1,250,000,000

Role

Counsel to Nordea Bank Abp

Parties

Nordea Bank Abp

Transaction

Counsel to Nordea Bank Abp in EUR 74,000,000 refinancing of Global Net Lease, Inc.’s portfolio of five commercial real estate properties located in Southern Finland

Deal Value

EUR 74,000,000

Role

Counsel to Nordea Bank Abp

Parties

Schroder Nordic Real Estate Fund (Buyer), Genesta (Seller)

Transaction

Schroder Nordic Real Estate Fund's financing and acquisition of 11,230m² office building in Helsinki from Genesta, acting on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II)

Deal Value

Value not public

Role

Counsel to Schroder Nordic Real Estate Fund

Parties

Glaston Corporation (Buyer), Conzzeta AG (Seller), Bystronic Maschinen AG, Bystronic Lenhardt GmbH and their subsidiaries (Targets)

Transaction

Glaston Corporation’s acquisition of Bystronic Glass and refinancing of Glaston

Deal Value

EUR 68 million

Role

Counsel to Glaston Corporation

Parties

Nordic real estate investment company NREP

Transaction

NREP's financing the acquisition of a logistics property located in Southern Finland and development of residential and serviced living properties located in the Helsinki metropolitan area

Deal Value

Value not public

Role

Counsel to NREP Oy

Parties

OP Corporate Bank plc, Nordea Bank Abp, Normet Oy

Transaction

Counsel to OP Corporate Bank plc and Nordea Bank Abp in EUR 115 million refinancing of Normet Oy

Deal Value

EUR 115 million

Role

Counsel to OP Corporate Bank plc and Nordea Bank Abp

Parties

Nykredit Realkredit A/S, Niam, NCC Property Development, Suurpelto Center & Laajasalo Shopping Center

Transaction

Counsel to Nykredit Realkredit A/S in financing the acquisition of Suurpelto Center in Espoo and Laajasalo Shopping Center in Helsinki by Niam from NCC Property Development.

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S

Parties

LocalTapiola Mutual Life Insurance Company

Transaction

LocalTapiola Mutual Life Insurance Company’s issue of EUR 100 million capital notes

Deal Value

Value 100 million

Role

Counsel to LocalTapiola Mutual Life Insurance Company

Parties

Precast Holding Oy (Buyer), Elematic HoldCo Oy (Seller), Elematic Oyj (Target), Nordic Trustee (as bonds trustee appointed by Elematic’s

Transaction

Restructuring of ownership and financing structure of Elematic Oyj

Deal Value

Value not public

Role

Counsel to Nordic Trustee

Parties

Nordea Bank Abp

Transaction

Nordea Bank Abp's establishment of its €50,000,000,000 Euro Medium Term Note Programme

Deal Value

EUR 50,000,000,000

Role

Counsel to Nordea Bank Abp

Parties

Nordea Bank Abp

Transaction

Nordea Bank Abp's establishment of its USD 25,000,000,000 Global Medium-Term Note Programme

Deal Value

USD 25,000,000,000

Role

Counsel to Nordea Bank Abp

Parties

Transaction

Counsel to OP Corporate Bank plc in financing the acquisition of Seurahuone property by HYY Group from Sponda

Deal Value

Value not public

Role

Counsel to OP Corporate Bank plc

Parties

Nordic Healthcare Group Oy, Vaaka Partners Oy

Transaction

Vaaka Partner's investment in Nordic Healthcare Group

Deal Value

Value not public

Role

Counsel to Vaaka Partners

Parties

Commonwealth Bank (Seller), Colonial First State Global Asset Management (Target), Mitsubishi UFJ Trust and Banking Corporation (Buyer)

Transaction

Commonwealth Bank's sale of its global asset management business, Colonial First State Global Asset Management (CFSGAM), to Mitsubishi UFJ Trust and Banking Corporation

Deal Value

AUD 4.1 billion

Role

Counsel to Commonwealth Bank

Parties

Wereldhave N.V. (Seller), Morgan Stanley Real Estate Investing (MSREI) (Buyer)

Transaction

Wereldhave's divestment of the Itis shopping centre to a fund advised by Morgan Stanley Real Estate Investing (MSREI)

Deal Value

Approx. EUR 520 million

Role

Counsel to Wereldhave N.V.

Parties

Nykredit Realkredit A/S, Aberdeen Standard Investments, LähiTapiola

Transaction

Nykredit Realkredit's financing the acquisition of a portfolio of 824 apartments by Aberdeen Standard Investments from LähiTapiola

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S

Nordea Bank AB (publ) issue of U.S.$500,000,000 4.625 per cent. Dated Subordinated Notes due 2033 (the “Notes”) under the U.S.$25,000,000,000 Global Medium Term Note Programme in September, 2018.

Parties

Deutsche Asset & Wealth Management

Transaction

Deutsche Asset & Wealth Management's acquisition of a prime logistics facility in Aviapolis. The acquired complex comprises 42,000 square meters spread across an extensive distribution warehouse, cross-dock facility and stand-alone office complex.

Deal Value

Value not public

Role

Counsel to Deutsche Asset & Wealth Management

Parties

Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch, Terrafame Ltd

Transaction

Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch provided EUR 130,000,000 Guarantee Facility to Terrafame Ltd, a Finnish multi-metal company, 2018

Deal Value

Value not public

Role

Counsel to Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch

Counsel to Nordea Bank AB (publ) in relation to issue of U.S.$750,000,000 3.750 per cent. Senior Non-Preferred Notes due 2023 and U.S.$250,000,000 Floating Rate Notes due 2023 under the U.S.$25,000,000,000 Global Medium Term Note Programme in August, 2018.

Parties

Ahlstrom-Munksjö (Buyer), Expera Specialty Solutions (Target), KPS Capital Partners (Seller)

Transaction

Ahlstrom-Munksjö’s acquisition of Expera Specialty Solutions, a U.S.-based specialty paper producer

Deal Value

USD 615 million

Role

Counsel to Ahlstrom-Munksjö

Parties

Areim Fund III (Buyer), Avant Capital Partners, Varma Mutual Pension Insurance Company, EPISO 4 fund (Sellers)

Transaction

Areim Fund's acquisition of a portfolio of eight office properties from Avant Capital Partners, Varma Mutual Pension Insurance Company and EPISO 4 fund advised by Tristan Capital Partners

Deal Value

Value not public

Role

Counsel to Areim Fund III

Parties

Elementis plc (Buyer), Mondo Minerals B.V. (Target)

Transaction

A proposed acquisition of Mondo Minerals B.V. by Elementis plc

Deal Value

USD 600 million

Role

Counsel to Elementis plc

Parties

IVG Polar Oy (Seller), Goldman Sachs and Cromwell Property Group (Buyers)

Transaction

IVG Polar Oy's divestment of an office portfolio with a lettable space of 132,000m² to Goldman Sachs and Cromwell Property Group

Deal Value

EUR 108.5 million

Role

Counsel to IVG Polar Oy

Parties

YIT Oyj

Transaction

Issue of EUR 100 million and EUR 150 million senior notes by YIT Oyj

Deal Value

EUR 250 million

Role

Counsel to YIT Oyj

Parties

Keskinäinen Eläkevakuutusyhtiö Ilmarinen, Sotkamo Silver Oy

Transaction

Keskinäinen Eläkevakuutusyhtiö Ilmarinen's investment in connection with the issuance of the EUR 13,200,000 senior secured fixed rate notes by Sotkamo Silver Oy

Deal Value

Value not public

Role

Counsel to Keskinäinen Eläkevakuutusyhtiö Ilmarinen

Parties

EQT Partners UK Advisors LLP, Biovian Oy and Keensight Capital’s investment

Transaction

Counsel to EQT Partners UK Advisors LLP in the financing of Keensight Capital’s investment in Biovian Oy

Deal Value

Value not public

Role

Counsel to EQT Partners UK Advisors LLP

Counsel to Victory Park Capital Advisors, LCC in connection with their financing of a Swedish payment service provider.

Parties

Orion Corporation (Seller), Axcel Management A/S (Buyer), Orion Diagnostica Oy (Target)

Transaction

Orion Corporation's divestment of the diagnostics business unit Orion Diagnostica Oy to a private equity fund managed by Axcel Management A/S

Deal Value

Value not public

Role

Counsel to Orion Corporation

Parties

Counsel to Polygon AB (publ) and Triton

Transaction

Issue of a EUR 210 million rated senior secured bond and the entry into of a super senior RCF

Deal Value

EUR 210 million

Role

Counsel to Polygon AB (publ) and Triton

Parties

Vaaka Partners, Framery Oy

Transaction

Counsel to Vaaka Partners in the financing for the acquisition of Framery Oy

Deal Value

Value not public

Role

Counsel to Vaaka Partners

Parties

LAK Real Estate Oy, Finavia Oyj, Pontos Aero Oy, fund managed by NREP

Transaction

Counsel to LAK Real Estate Oy as borrower for secured bank loan facilities entered into in connection with acquisition of a majority interest in Finavia Oyj’s subsidiary, LAK Real Estate, by Pontos Aero Oy and a fund managed by NREP

Deal Value

Value not public

Role

Counsel to LAK Real Estate Oy

Parties

Nordea Bank AB (publ), CapMan Buyout X Fund, KotiSun Group Oy

Transaction

Nordea Bank AB (publ), Finnish Branch’s financing for the acquisition of KotiSun Group

Deal Value

Value not public

Role

Counsel to Nordea Bank AB (publ), Finnish Branch

Parties

A fund managed by J.P. Morgan Asset Management (Seller), a fund managed by Genesta (Buyer)

Transaction

J.P. Morgan Asset Management's disposal of a 66,680 sqm logistics property in Espoo to a fund managed by Genesta

Deal Value

Value not public

Role

Counsel to J.P. Morgan

Parties

TRIUVA Kapitalverwaltungsgesellschaft (Buyer), a group of private Finnish investors (Seller)

Transaction

TRIUVA Kapitalverwaltungsgesellschaft, acting on behalf of an institutional investor, acquired a core mixed use building on Kanavaranta 3-7

Deal Value

Value not public

Role

Counsel to TRIUVA

Parties

OP Yrityspankki Oyj

Transaction

OP Yrityspankki Oyj's financing of total EUR 100,000,000 forest asset secured loan facilities in Finland.

Deal Value

EUR 100 million

Role

Counsel to OP Yrityspankki Oyj

Parties

Goldman Sachs International (Buyer), Sponda Oyj (Target)

Transaction

Hannes Snellman acted as counsel to Goldman Sachs International, as mezzanine arranger, of mezzanine credit facilities provided to Blackstone in connection with its public to private acquisition of Sponda Oyj

Deal Value

EUR 3.9 billion

Role

Counsel to Goldman Sachs International

Parties

Ramirent Oyj, European Investment Bank

Transaction

Ramirent Oyj's EUR 50 million loan agreement with the European Investment Bank

Deal Value

EUR 50 million

Role

Counsel to Ramirent Oyj

Parties

Sampo plc, Terrafame Ltd

Transaction

Sampo plc's financing of Terrafame Ltd, a Finnish multi-metal company producing primarily nickel and zinc by bioheapleaching at its mine located in Sotkamo.

Deal Value

Value not public

Role

Counsel to Sampo plc

Parties

Nordea Bank AB (publ), Basware Oyj

Transaction

Nordea Bank AB's (publ) refinancing of Basware Oyj

Deal Value

Value not public

Role

Counsel to Nordea Bank AB (publ)

Parties

Rapala VMC Corporation

Transaction

Rapala VMC Corporation's hybrid bond issue.

Deal Value

EUR 25 million

Role

Rapala VMC Corporation

Parties

Schroder

Transaction

Schroder's (acting on behalf of  Schroder Nordic Real Estate Fund) acquisition of a portfolio of nine office properties located in the Greater Helsinki area with a total lettable area of approx. 53,000 sqm

Deal Value

Value not public

Role

Counsel to Schroder

Parties

Santander Consumer Finance Oy, SFC Rahoituspalvelut Kimi VI DAC

Transaction

Issue of EUR 634,700,000 Class A Notes and EUR 64,800,000 Class B Notes by SFC Rahoituspalvelut Kimi VI DAC secured by a portfolio of hire purchase agreements made by Santander Consumer Finance Oy

Deal Value

EUR 699,500,000

Role

Counsel to Santander Consumer Finance Oy

Parties

Tapiola KR III Ky, Ainoa Shopping Centre

Transaction

Tapiola KR III Ky's financing of the development of the Ainoa Shopping Centre

Deal Value

Value not public

Role

Counsel to Tapiola KR III Ky

Parties

Lemminkäinen Corporation and YIT Corporation

Transaction

The combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger

Deal Value

EUR 771 million

Role

Counsel to Lemminkäinen

Parties

J.P. Morgan Asset Management fund (Seller), Alma Property Partners I AB (Buyer)

Transaction

The disposal of four office properties in the Keilaniemi business district of Espoo, Finland by a J.P. Morgan Asset Management fund to Alma Property Partners I AB

Deal Value

Value not public

Role

Counsel to J.P. Morgan

Parties

Barings Real Estate Advisers (Buyer), CapMan (Seller)

Transaction

The acquisition of Entresse shopping mall from CapMan, by a fund managed by Barings Real Estate Advisers

Deal Value

Value not public

Role

Counsel to Barings Real Estate Advisers

Parties

J.P. Morgan Asset Management (Seller); Genesta (Buyer)

Transaction

Disposal of a 11,200 sqm office property in Helsinki by a fund managed by J.P. Morgan Asset Management to a fund managed by Genesta

Deal Value

Value not public

Role

Counsel to J.P. Morgan Asset Management

Parties

Niam (Buyer), Commerz Real Investmentgesellschaft MBH (Seller)

Transaction

Niam's acquisition of an office property in Helsinki, called Life Science Center Keilaniemi, from Commerz Real Investmentgesellschaft MBH

Deal Value

Value not public

Role

Counsel to Niam

Parties

Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)

Transaction

Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group

Deal Value

Value not public

Role

Counsel to Hartwall Capital Oy Ab

Parties

Ahlstrom Oyj, Munksjö Oyj

Transaction

The combination of Ahlstrom and Munksjö through a merger

Deal Value

Approx. EUR 1,2 billion

Role

Lead counsel to Ahlstrom

Parties

Eurus Energy Holdings Corporation (Buyer), Maas Capital Renewables (Seller) and YARD ENERGY (Seller)

Transaction

Eurus Energy Holdings Corporation's acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY

Deal Value

Value not public

Role

Counsel to Eurus Energy Holdings Corporation

Parties

Ahlstrom Capital Oy

Transaction

Ahlstrom Capital Oy's financing arrangements

Deal Value

Value not public

Role

Counsel to Ahlstrom Capital Oy

Parties

Nordea, Technopolis

Transaction

Nordea on the financing of Technopolis’ expansion into Sweden

Deal Value

Value not public

Role

Counsel to Nordea

Parties

Equinix (Buyer), TelecityGroup (Target)

Transaction

Data centre operator Equinix’s GBP 2.3 billion offer for London-based rival TelecityGroup

Deal Value

GBP 2.3 billion

Role

Finnish counsel to Equinix

Parties

Powerflute Oyj

Transaction

Powerflute Oyj's facilities agreement in July 2016

Deal Value

EUR 120 million

Role

Counsel to Powerflute Oyj

Local counsel in novation of leases and sale and transfer of Airbus A350-900 aircraft.

Parties

EQT Partners, debt fund

Transaction

Refinancing of Mikeva Group with a Finnish law governed unitranche financing structure

Deal Value

Value not public

Role

Counsel to EQT Partners

Parties

eQ Asset Management Ltd and its funds eQ Care and eQ Finnish Real Estate, Nordea, Aktia, Ilmarinen and LocalTapiola

Transaction

eQ Asset Management Ltd's and its funds eQ Care's and eQ Finnish Real Estate's large finance arrangements with Nordea, Aktia, Ilmarinen and LocalTapiola during 2015, 2016

Deal Value

Value not public

Role

Counsel to eQ Asset Management Ltd

Parties

Pankakoski Board Trading Oy

Transaction

Pankakoski Board Trading Oy Refinancing 2015

Deal Value

Value not public

Role

Counsel to Pankakoski Board Trading Oy

Parties

Niam

Transaction

The financing relating to Niam’s acquisition of the Kaari shopping centre

Deal Value

Value not public

Role

Counsel to Niam

Parties

Svenska Handelsbanken AB (publ), Branch Operation in Finland

Transaction

Svenska Handelsbanken AB (publ), Branch Operation in Finland in financing the Hansakortteli properties for the joint venture Kauppakeskus Hansa Ky managed by Exilion

Deal Value

Value not public

Role

Counsel to Svenska Handelsbanken AB (publ)

Local counsel in sale and transfer of Airbus A319-112.

Local counsel in sale and transfer of three Embraer E190-100 aircrafts.

Parties

Tikkurila Oyj

Transaction

Tikkurila Oyj's EUR 150 million term and revolving facilities agreement in June 2015

Deal Value

EUR 150 million

Role

Counsel to Tikkurila Oyj

Parties

Sagax, Deutsche Pfandbriefbank

Transaction

Refinancing of Sagax

Deal Value

SEK 3.6 billion

Role

Counsel to Deutsche Pfandbriefbank

Parties

Caverion Oyj

Transaction

EUR 100 million revolving credit facility agreement of Caverion Oyj in May 2015

Deal Value

EUR 100 million

Role

Counsel to the lenders

Parties

Fingrid Oyj

Transaction

Fingrid Oyj's debt issuance programme

Deal Value

EUR 1,5 billion

Role

Counsel to the dealers and the trustee

Parties

Sappi Limited

Transaction

Sappi Limited's bond issue

Deal Value

EUR 450 million

Role

Local counsel to issuer

Counsel to Glaston Oyj in connection with its finance transaction.

Parties

Valmet Corporation

Transaction

Valmet Corporation's 2014-2015 finance transactions

Deal Value

Value not public

Role

Counsel to Valmet Corporation

Counsel to BlackRock on Finnish banking and financial regulatory matters.

Counsel to Australia and New Zealand Banking Group Limited on Finnish financial regulatory matters.

Counsel to Bank of America Merrill Lynch on Finnish financial regulatory matters.

Counsel to alternative investment fund managers and investment firms on Finnish licencing applications and notification requirements, and assisted in their licence or notification processes with the Finnish Financial Supervisory Authority

Counsel to financial services providers on applications to, and negotiations with, regulators

Counsel to clients on anti-money laundering compliance

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Leveraged finance

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• "Extremely methodical, transaction deliverables were delivered timely and in pristine order. Were able to provide useful advice in areas outside the initial foreseen scope quickly."

• "Matias Moberg was very much on top of matters and was able to adapt and propose new solutions as the transaction progressed. Also very present in contract negotiations."

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• 'The up-and-coming Antti Alanko advises borrowers and lenders on a range of transactions, with particular experience in acquisition finance mandates. One source describes him as "very hard-working and knowledgeable," while another client says "He is a very capable finance lawyer who provides good commercial recommendations."'
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• 'The up-and-coming Antti Alanko enters the rankings due to increased market visibility. He is particularly active advising lenders on acquisition finance in the real estate sector.'
• 'Senior statesperson Henrik Mattson has extensive experience advising on cross-border secured and unsecured bonds and GMTN programmes.'
• 'A source describes Markus Bremer as "an excellent finance lawyer and one of the go-to in finance," while another adds that he is "the best in working out challenging cases." Bremer advises on a broad range of finance matters, including acquisition and project finance, as well as bond issuance.'

• ‘The team is experienced and professional. Not all teams have the hands on experience of financial law and it’s development.’ 
• ‘They always stick with the timetable and provide top services.‘
• ‘Having used all major firms, I rank the team among the best in Finland. They come through in all aspects of banking & finance deals.‘

• 'Clients highlight the "quality of the work" as a particular strength, adding that "they have experienced people who can help you and cover all the major practice areas."'
• 'Sources deem the firm to be "one of the leading firms in Finland."'

• 'Senior statesperson Henrik Mattson boasts extensive experience in the banking and finance area...Sources endorse his technical skills and appreciate his ability "to find sensible solutions."'
• 'Markus Bremer is described by clients as "extremely solution- and business-oriented," and they appreciate his "strategic advice."'
• 'Fredrik Olsson...Clients say: "He is very well established and well respected in the market."'
• 'Paula Röttorp...Clients describe her as "extremely smart and creative."'

• "Great firm to work with, very responsive lawyers and great expertise on relevant matters."

• "Hannes Snellman, which 'takes care of legal matters in a professional, careful and diplomatic way".

• 'One client describes the team as "highly skilled and motivated," noting the lawyers' "long experience" in this area.'
• 'Another client enthuses that they "feel in good hands" with Hannes Snellman.'

• 'Partner Markus Bremer maintains his strong reputation…Sources describe him as "phenomenal" and "very responsive."'
• 'Partner Henrik Mattson is held in high regard for his expertise…Clients laud his "deep knowledge of legal issues."'

• 'With an understanding of the "business side of transactions, as well as market trends and standards", the practice at Hannes Snellman is "exceptional value for money"'.

• 'Sources enthuse that "the team is dynamic and focuses on the material issues, with an aim to get the deal done rather than finding problems."'
• 'Another client commends the lawyers' "solid performance - and quick, accessible advice."'

• 'Markus Bremer...has a strong reputation. Sources say he is "highly intelligent, extremely service-minded and business-oriented," adding that "he always takes good care of the customer and finds solutions in difficult situations."'
• 'Henrik Mattson advises a wide range of financial institutions on acquisition finance, real estate finance and project finance issues...Sources praise his "solid performance," adding: "He is quickly accessible and provides professional advice in a swift manner."'

• 'Hannes Snellman has "a high level of business orientation."'
• '"Pragmatic" practice head Markus Bremer "goes the extra mile" and Henrik Mattson is an "expert that combines excellent skills with exceptional working capacity."'

• 'The team is described by clients as "very professional, solution-oriented and hard-working" and is praised for its ability to handle complex mandates: "They are able and willing to take independent lead of the projects and drive them successfully under time pressure."
• 'The lawyers within the practice are hailed for being "easy to deal with and commercially minded."'
• 'Esteemed head of department Henrik Mattson offers expertise in all kinds of banking issues...Sources describe him as "very pragmatic and experienced."'
• 'Markus Bremer receives strong feedback from a wide range of sources, who describe him as a "very talented and effective lawyer and very customer-oriented." Others highlight his "ability to be calm in very difficult situations."'

• 'Sources appreciate the team's approach, stating that the "team always delivers timely, high-quality advice."'

• 'The team is described as “one of the leading firms in the area in Finland” by a senior figure in the banking sector and others are quick to praise the qualities of the team.
• '“Their team, notably Markus Bremer…very skilful and client oriented.”'

• 'Excellent reputation within banking and finance, advising on both domestic and international matters. Represents both lenders and borrowers in a wide variety of transactional mandates, as well as financial restructurings. Also noted for its lawyers' regulatory expertise.'
• '"The team was professional and solution-oriented, had good knowledge of market practices and also had a problem-solving attitude."'
• 'Markus Bremer advises on all transaction types, including bank lending, security structuring, acquisition financing and project finance. In the words of one client, "he's a really good guy - one of my favourite people to work with."'
• 'Assists clients with the full range of banking and finance mandates including regulatory matters. Recognised for its experience in asset and infrastructure project financing as well as leasing mandates. Recently increased activity in real estate transaction financing.'
• 'Clients say that "There is a seamless co-operation between the different teams which is very efficient."'

• 'Clients appreciate that Paula Röttorp "has a focus on the details but also a good level of general knowledge," describing her as "diligent and co-operative." She has experience across a wide range of areas, from regulatory compliance to real estate finance.'

• 'Hannes Snellman ‘knows the market’'
• 'Hannes Snellman’s ten-lawyer team is especially strong in LBOs, infrastructure and asset financing, real estate finance and IPOs.'

• '"The quality of the work has been good," says one senior in-house banking counsel. "The firm is keen to find a solution and produce real value for the customer." Another in-house counsel says of the team: "Good, consistent quality and quick responses. They are pleasant to work with in general."'

• ‘Clients say that "the advice we get is pragmatic, business-oriented, high-quality and always on time". Department head Henrik Mattson is widely regarded as one of the finest practitioners in the market. Sources enthuse that "his experience clearly adds value," and that "he has inside knowledge of the market and is great in negotiations."'
• 'Clients report that Markus Bremer "is calm and analytical. He pinpoints the critical issues and looks immediately to find solutions". Jari Tukiainen wins particular acclaim from peers for his regulatory expertise.'
• 'Recommended by clients and peers alike, Paula Röttorp is regarded as an "extremely skilled" lawyer. She is further described as "very technical and pragmatic."'

• ‘Hannes Snellman’s team ‘clearly knows what is happening in the financing market’, and works closely with firm’s Stockholm office to advise on cross-border work...and practice head Henrik Mattson is ‘spot on with the details’.’