Financing & Structural Arrangements(en) Archives - Castrén & Snellman

Multitude – Relocation from Finland to Switzerland

With our help, you can implement even the more demanding restructurings flexibly and smoothly.

We advise our clients on a wide range of complex financing and structural arrangements in various industries. Our expertise is at your disposal throughout your company’s lifecycle: establishing the company, planning the capital structure and financing, making internal changes in the organisation or merging with another company.

We create effective and innovative solutions for both domestic and international situations. Our considerable expertise, extensive resources and tailored, agile project teams consisting of experts in various fields of business law ensure that the arrangements are carried out in accordance with the clients’ objectives.

Our services include the following arrangements:

Mergers
Demergers
Redemption of minority shares
Conversion of company form
Dissolution of the company
Internal changes in the organisation
Share swaps
Tender offers
Transfers of business
Changes in the capital structure
Establishing a joint venture

Latest references

Nordea Bank – EUR 150 million new green financing

We advised Nordea Bank Abp in the EUR 150 million new green financing for Lahti Energia Oy to support investments promoting a clean transition and to refinance existing loans. Lahti Energia Oy’s green loan investments focus on solutions that reduce fossil carbon dioxide emissions and support sustainable development. Planned projects include electric boilers, district heating storage facilities, and investments in the development of energy networks.

Finnish Motor Insurers’ Centre – Precedent concerning patient data processing and repeal of administrative fine

The Supreme Administrative Court (SAC) issued a significant precedent (decision KHO:2025:23) in a case in which it found that the Finnish Motor Insurers’ Centre (Liikennevakuutuskeskus, LVK) processed patient data in accordance with the requirements concerning fairness, data minimisation, and privacy by design and by default when deciding on compensation claims. We represented LVK in this case in which the SAC upheld the Administrative Court’s decision to repeal the EUR 52,000 administrative fine imposed on LVK by the Sanctions Board of the Office of the Data Protection Ombudsman. The SAC also confirmed the Administrative Court’s decision, which, as far as we know, was the first of its kind in Finland, ordering the Office of the Data Protection Ombudsman to reimburse some of our client’s legal costs. The decision bears great significance for the insurance industry as a whole. The crux of the matter were LVK’s information requests under the Motor Liability Insurance Act for patient data that were essential in determining insurance or compensation claims. In certain cases, making a decision may require extensive patient data. The Office of the Data Protection Ombudsman had found that LVK had systematically made overly broad information requests infringing Articles 5 and 25 of the GDPR and that the information should have been provided in the form of separate medical opinions. The Administrative Court repealed the Data Protection Ombudsman’s decision and found that patient records from medical appointments are, as a general rule, essential in establishing causality in compensation matters. It also stated that the tasks related to the consideration of compensation matters are specifically the core tasks of the insurance company and not of the controller of patient data. Furthermore, the Administrative Court found no evidence indicating that LVK would have systematically made overly broad information requests. ‘Once again, our collaboration with C&S was seamless throughout this extensive process, and we could trust that our case was in expert hands’, says Visa Kronbäck, Chief Legal Officer of the Insurance Centre. The full decision is available on the SAC website (in Finnish): KHO:2025:23.

Savings Banks Group – Sale of Sb Life Insurance

We advised the Savings Banks Group on an arrangement whereby the shares in Sp-Henkivakuutus Oy were sold to Henki-Fennia and at the same time the parties agreed on a long-term distribution cooperation for insurance savings and loan protection products. The closing of the transaction remains subject to regulatory approvals. Sb Life Insurance is a domestic life insurance company, established in 2007, offering insurance savings and risk insurance products to private customers and companies. The Savings Banks and Oma Säästöpankki Oyj act as agents for Sp-Life Insurance. Henki-Fennia is a subsidiary of Keskinäinen Vakuutusyhtiö Fennia, specialising in voluntary life, pension and savings insurance.

Korkia Oy – Renewable energy loan agreement

We advised Korkia Oy in its loan agreement with Nordic Environment Finance Corporation. The financing will support the development and international scale-up of Korkia’s pipeline of solar energy, battery energy storage system (BESS) and onshore wind projects. Korkia is a dedicated investor in renewable energy operating in nine countries. It has a robust development pipeline of over 20 GW in renewable energy and energy storage projects.

Latest insights

21.5.2025 – Banking & Finance Sustainable finance reimagined: What you need to know about the 2025 updates to green, social, and sustainability-linked loan principles

Minna Korhonen

Anna-Sofia Alahuita

Minna Korhonen & Anna-Sofia Alahuita

28.6.2024 – Capital Markets & Financial Regulation CRD 6 has been published: New requirements for M&A transactions and other reorganisations in the banking sector

Hannu Huotilainen

Karlo Siirala

Hannu Huotilainen & Karlo Siirala

9.7.2025 – FDI Regulatory Service Defence sector investments and acquisitions – key facts about the Finnish FDI regulation

Kiti Karvinen

Markus Rahnu

Kiti Karvinen & Markus Rahnu

25.6.2025 – Tax & Structuring Administrative Court ruling: the Profit Tax Act targeting electricity companies is in conflict with EU law

Janne Juusela

Mikko Alakare

Samuli Tarkiainen

Anette Laitinen

Noora Ahonen

Joakim Nivala

Janne Juusela, Mikko Alakare, Samuli Tarkiainen, Anette Laitinen, Noora Ahonen & Joakim Nivala

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