The crisis caused by the coronavirus pandemic has affected every facet of society, including business law. Our experts have been writing blog posts relating to the impact of the coronavirus since the start of the crisis.
8.5.2020
C&S Coronavirus Blogs – 12 Posts on the Business Law Implications of the Pandemic
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The posts cover subjects ranging from mergers and acquisitions, general meetings and marketing to securing business continuity, solvency and financing. We have also put together summaries of the legislative changes that have been enacted during the spring.
Will the Coronavirus Put Globalisation into Reverse?
Checklist for Transactions in the Age of Coronavirus
Several Temporary Amendments to Employment Law Provide Relief in Covid Crisis
Coronavirus Pulls the Rug from under General Meeting Season
Open Dialogue Is the Key to Weathering a Financing Crisis
Finnish Tax Administration’s Support for Companies during the Pandemic
Covid-19 – Changes to Insolvency Laws Give Distressed Companies Breathing Room
Tools for Successful Procurements during Exceptional Circumstances
Coronavirus Checklist for Corporate Financing Agreements
What Would the Emergency Powers Act Mean for Life Insurance Policies?
Capitalising on Fear Prohibited in Marketing
Coronavirus – Secure Your Business-Critical Issues
Corona Task Force
As our client you have access to the C&S Corona Task Force, which is made up of our experts in coronavirus issues in numerous fields of law. For more information, contact your responsible lawyer to contact the service directly through coronataskforce@castren.fi.
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Neste – EUR 500 million refinancing arrangement
We advised Neste Corporation on the refinancing of its EUR 500 million term facility by way of two EUR 250 million bilateral term facilities provided by OP Corporate Bank plc and Danske Bank A/S, Finland Branch. Each term facility has a maturity of three years with extension options.
Case published 25.11.2025
Prisma Properties – Sale and leaseback of ten grocery retail properties
We are assisting Prisma Properties AB in a sale and leaseback arrangement with Kesko Oyj comprising ten grocery retail properties. The transaction value is approximately EUR 59 million, and the properties are located in Sastamala, Jyväskylä, Lappeenranta, Vihti, Oulu, Saarijärvi, Liminka, Imatra, Loviisa, and Eurajoki. As part of the arrangement, the properties are leased back to Kesko Oyj under lease agreements with a weighted average lease term of 11.6 years. The portfolio includes well-known store concepts such as K-Citymarket, K-Supermarket, and K-Market.
Case published 20.11.2025
YIT – Data centre construction agreements with XTX Markets
We advised the urban developer and construction company YIT on the drafting and negotiation of two construction agreements with the leading algorithmic trading firm XTX Markets for the development of two data centres in Kajaani, Finland, which are part of XTX Markets’ data centre complex. The first agreement, valued at approximately EUR 100 million and signed in December 2024, marked the commencement of the construction of the first data centre facility in Kajaani, establishing Kajaani as a strategic hub for high-performance computing infrastructure. Building on the success of this collaboration, YIT and XTX Markets entered into a second agreement in August 2025 to commence construction of a second data centre facility. This phase includes the delivery of the shell and core of the new building.
Case published 20.11.2025
Rabobank – Financing arrangement for Olana Energy
Castrén & Snellman acted as legal advisor to Coöperatieve Rabobank U.A. in its capacity as sole lender and hedging bank providing senior financing to Olana Energy for a Battery Energy Storage Systems (BESS) portfolio in Finland. Our advice included preparing a legal due diligence report on the projects as well as advising on the negotiation of the various finance and project agreements. Olana Energy is a management-owned fast-growing independent power producer with an international pipeline of over 1 GW. The diversified portfolio of assets ranging from 5 to 30 MW reinforces the Finnish grid at a granular level.
Case published 18.11.2025