We advised Tokmanni Group Corporation, one of Finland’s largest retail trade companies, as the borrower in a EUR 325 million financing arrangement it entered into with a syndicate of Nordic banks.
The financing arrangement includes a EUR 250 million bank loan and EUR 75 million revolving credit facility, which will be used for the purposes of refinancing existing debt and general corporate purposes. The financing arrangement has a maturity of three years with two one-year extension options.