The IPO window is open – How to identify the right time for listing?

The IPO window is open – How to identify the right time for listing?

Equity capital markets issues call for a reliable, skilled and innovative partner. We regularly advise issuers and manager banks in share and rights issues as well as in listings on the Helsinki Stock Exchange’s main list and First North.

We will coordinate the drafting of the prospectus, handle the due diligence review and support your company in fulfilling its IPO and listing obligations. Several of our lawyers also have a degree in finance, which enables us to make the drafting process easy and smooth both for the issuer and the manager.

As our client, you will also benefit from our efficient project management and processes, our excellent contacts with the authorities and our experience and expertise relating to the book-entry system.

We also have experience and expertise relating to listing on markets outside of Finland. We participate actively in drafting market regulation and model documentation. We have participated in the drafting of the Issuer’s Handbook published by the Finnish Foundation for Share Promotion since 2012, when Nasdaq First North started operating in Helsinki. Latest edition of the Issuer’s Handbook (for a MTF) was published in August 2022. In addition, we have assisted the Finnish Foundation for Share Promotion in the preparation Issuer’s Handbook aimed for the main list of the Helsinki Stock Exchange.

  • Drafting prospectuses and releases for the company’s approval
  • Planning and implementation of the due diligence review of the listing company or issuer
  • Support in corporate governance
  • Corporate law decisions and registrations
  • Reporting and disclosure obligations
  • Legal opinions
  • Advice relating to the book-entry system
  • Private placement exemptions
  • Fulfilment of obligations of listed companies
  • International securities offerings 

We represent both companies and manager banks in Finnish and international share issues and listings.

The Legal 500, IFLR1000, Chambers Europe and Chambers Global rank our services among Finland’s best.

Latest references

We advised a special investment fund managed by Mandatum on the sale of the PMK Building, a mixed-use commercial property located in Tammela, Tampere. The property hosts dozens of tenants and offers, inter alia, warehouse, production and office premises.
Case published 13.7.2026
We advised Suominen Corporation in connection with its rights issue. The offering was oversubscribed, and the company raised gross proceeds of approximately EUR 28 million. We also advised Suominen in connection with the renegotiation of the terms of the company’s three-year EUR 100 million syndicated credit facility, under which the maturity was extended and headroom was added to the financial covenants. “I would like to thank our shareholders for their support and confidence in Suominen’s future. The completion of the Offering will enable us to accelerate the implementation of our Full Potential Program while strengthening our capital structure. Our transformation particularly focuses on enhancing the reliability and efficiency of our production and supply, and on reinforcing our commercial capabilities, allowing us to better meet the expectations of our customers and shareholders”, comments Charles Héaulmé, President and CEO of Suominen. Suominen is a nonwovens manufacturer operating in global markets. Suominen creates value by taking fiber raw materials and turning them into nonwovens that the company’s customers convert into both consumer and professional end products. Suominen’s vision is to be the frontrunner for nonwovens innovation and sustainability. Suominen’s net sales in 2025 were EUR 412.4 million and the company has almost 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki.
Case published 6.7.2026
We acted as joint legal advisor for Nordea Bank Abp and Avain Yhtiöt in an approximately EUR 48 million financing arrangement which included facilities for refinancing of an existing real estate portfolio and also for acquisition and property development purposes. The financing arrangement strengthens Avain Yhtiöt’s objective to build and maintain a functional, safe and environmentally friendly living environment, as well as to develop the overall quality of housing and construction. Avain Yhtiöt is a Finnish group specialising in housing and housing-related services, construction contracting and new construction. Its goal is to build 1,000 new apartments per year in key growth areas in Finland.
Case published 2.7.2026
We advised the shareholders of Suomen Autohuolto Oy in connection with the sale of the company’s entire share capital, to SAKA Finland Group Oy. Suomen Autohuolto Group is one of Finland’s largest companies specializing in brand-specific automotive maintenance and has locations in Oulu, Tampere, and from July, also in Järvenpää. The transaction is subject to final approval by the Finnish Competition and Consumer Authority (KKV).
Case published 26.6.2026