Banking & Finance had an excellent year 2021 and maintained their market leader position both in the real estate market and in development finance. The team also contributed to several green transition projects, in particular wind farm projects.
5.4.2022
C&S Banking & Finance Team Maintains its Strong Market Position
Minna Korhonen, Sakari Lukinmaa & Tero Tuomisto
Related services
Tags
Strong Presence in Real Estate Finance And in the Bond Market
The team enhanced their market leading position in the real estate market and in development finance, advising NREP in various development transactions and OP Corporate Bank, Swedbank and Skandinaviska Enskilda Banken in large real estate portfolio financing arrangements.
Banking & Finance held a strong position in the bond market, advising Finnish energy company Neste in its EUR 500 million green bond and Ålandsbanken and Borgo in respect of Finnish law in the issue of a SEK 5.5 billion covered bond.
The team also advised a Nordic financier consortium consisting of Nordea, Aktia, Danske Bank and Swedbank Special in an arrangement in which eQ Community Properties Fund agreed on a MEUR 700 green financing.
Financial Advice to Support Finland’s Biggest Wind Farms
The service supports their clients in reaching the common goal of a more sustainable future. It advised a group formed by Finnish energy company Helen and the Bank of Åland’s Wind Power Fund Non-UCITS as it acquired Kalistanneva wind farm from the French VALOREM group. The team advised the group both in the business transaction and in the negotiation for project funding.
The team also advised OP Corporate Bank, Nordea and SEB as the financiers in an arrangement in which Nordic energy company OX2 signed an agreement with a consortium of Finnish energy companies, Kymppivoima, Oulun Energia and Kuopion Energia, to construct and divest a 455.4 MW wind farm in Lestijärvi, Finland. Upon completion, the wind farm will be the largest in Finland.
Service Highly Regarded by Chambers and IFLR
In international surveys, the team continues its superb track record. The service was ranked in Band 1 in both Chambers Europe and Chambers Global in 2021, with high praise as a ‘Banking & Finance Powerhouse. “Excellent service with excellent results”’. Also the IFLR places the service in Tier 1.
You can read more about the service and their client cases in our website.
Latest news
Latest references
Pharmaca Health Intelligence – Acquisition of PODIUM Connect and PODIUM Visits businesses
We assisted Pharmaca Health Intelligence in its acquisition of Mediaattori Ltd’s PODIUM Connect® and PODIUM Visits businesses. Through the acquisition, Pharmaca Health Intelligence strengthens its extensive service offerings in medical information, data-driven management, and education for both healthcare and pharmaceutical companies. Pharmaca Health Intelligence is a pioneer in digital medical information and a reliable partner for wellbeing services counties, the private healthcare sector and pharmacies. The company invests in the development of technology and service solutions related to pharmaceutical information, also on an international scale.
Case published 5.12.2024
Gasum – Acquisition of Hærup Biogas
We advised Gasum Oy in its acquisition of 100% of the shares in Hærup Biogas ApS, which owns and operates a biogas plant in the northern part of mainland Denmark. This acquisition marks Gasum’s first biogas plant in Denmark, expanding its biogas production portfolio. Gasum’s strategic goal is to bring seven terawatt hours of renewable gas to the Nordic market yearly by 2027. The acquisition is one step towards achieving the strategic goal. Gasum is a Nordic gas sector and energy market expert. Gasum offers cleaner energy and energy market expert services for industry and for combined heat and power production as well as cleaner fuel solutions for road and maritime transport. The company helps its customers to reduce their own carbon footprint as well as that of their customers.
Case published 3.12.2024
Helkama-Autokauppa – Acquisition of Škoda Dealerships in Helsinki and Tampere
We are advising Helkama-Autokauppa Oy in the acquisition of the Škoda dealerships in Helsinki and Tampere from Hedin Automotive Finland. The transaction is subject to regulatory approval. Helkama-Autokauppa Oy operates as an independent dealer in the dealer network of Helkama-Auto Oy, the Finnish importer of Škoda cars, spare parts and accessories.
Case published 3.12.2024
Huhtamaki – EUR 450 million sustainability-linked syndicated revolving credit facility
We advised Huhtamaki Oyj in relation to a EUR 450 million sustainability-linked syndicated multi-currency revolving credit facility loan agreement (“RCF”) with a maturity of five years. The RCF refinances an existing EUR 400 million sustainability-linked syndicated revolving credit facility signed in January 2021 and will be used for general corporate purposes of the Group. The RCF has two one-year extension options at the discretion of the lenders. The Mandated Lead Arrangers and Bookrunners of the RCF are Citi, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ), BNP Paribas, Commerzbank Aktiengesellschaft, Danske Bank A/S, DBS Bank Ltd., London Branch, J.P. Morgan SE, Landesbank Hessen-Thüringen Girozentrale, OP Corporate Bank plc, Raiffeisen Bank International AG and Standard Chartered Bank AG.
Case published 28.11.2024