Hannes Snellman’s finance practice is recognised as a pioneer in its field and it has vast experience in advising on leveraged acquisitions, corporate lending, asset finance and securitisation, and restructurings acting for financial sponsors, borrowers and lenders.
Our lawyers work in teams with specialists from our capital markets, tax, and M&A practices, providing the multi-practice advice needed to complete even the most challenging transactions. Our finance team also advises on all aspects of banking and financial markets regulation. We advise local and international banks and other financial institutions on financial regulatory matters relating to licensing and registration issues, derivatives and other financial instruments, and various types of financial structures.
References
Transaction
Counsel to YIT Oyj in relation to its EUR 33.5 million directed share issue, its issue of EUR 36 million convertible notes and certain amendments to its EUR 300 million revolving credit facility agreement with Nordea, Danske Bank, LähiTapiola, OP Corporate Bank, SEB, and Swedbank and its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.
Role
Counsel to YIT Oyj
Parties
OP Corporate Bank plc, Nordea Bank Abp, Danske Bank A/S, Danske Bank A/S, Finland Branch, Tenetor Oy Ab, Veho Oy Ab and Lemiro Oy Ab
Transaction
Hannes Snellman acted as counsel to the finance parties in EUR 183 million refinancing of Veho group
Deal Value
EUR 183 million committed loan facilities and EUR 60 million uncommitted loan facilities
Role
Counsel to OP Corporate Bank plc, Nordea Bank Abp, Danske Bank A/S and Danske Bank A/S, Finland Branch
Parties
Alma Media Corporation, Danske Bank, Nordea Bank, and OP Corporate Bank
Transaction
Hannes Snellman acted as counsel to OP Corporate Bank plc as credit coordinator in relation to Alma Media Corporation’s EUR 190 million sustainability-linked credit facilities arranged by Danske Bank, Nordea Bank, and OP Corporate Bank
Deal value
EUR 190 million
Role
Counsel to OP Corporate Bank plc
Parties:
Danske Bank, La Banque Postale, Neoen, Prokon
Transaction:
Counsel to Danske Bank and La Banque Postale in respect of matters of Finnish law in the project financing of a Finnish onshore wind farm portfolio consisting of the three onshore wind farms Björkliden, Lumivaara, and Storbötet, co-developed by Neoen and Prokon and currently under construction. These projects will have a combined capacity of approx. 202.5 MW.
Deal value:
Approx. EUR 220 million
Role:
Finnish Counsel to Danske Bank and La Banque Postale
Parties
Nordea Bank Abp, Vaaka Partners, Mezzoforte Oy
Transaction
Nordea Bank Abp's financing of Vaaka Partners’ acquisition of Huutokaupat.com, a digital marketplace.
Deal Value
Value not public
Role
Counsel to Nordea Bank Abp
Hannes Snellman acted as counsel to YIT Oyj in relation to its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.
Parties:
LegacyinSight BC (Borrower), Eurazeo Investment Manager, S.A (Arranger) and Glas SAS (Agent)
Transaction:
Counsel to the arranger and lenders in refinancing of LegacyinSight BC Oy’s existing facilities
Deal Value:
Value not public
Role:
Counsel to Eurazeo Investment Manager
Parties
Nordea Bank Abp, Serena Properties, Balder
Transaction
Nordea Bank Abp's refinancing of the Serena Properties portfolio.
Deal Value
Value not public
Role
Counsel to Nordea Bank Abp
Counsel to Nordea Bank Abp in connection with the various issues under its EMTN Programme.
Counsel to the joint lead managers with the several issues of the Republic of Finland’s Serial Bonds.
Counsel to Nordea Mortgage Bank in connection with the update of its €25,000,000,000 Covered Bond Programme.
Counsel to OP Mortgage Bank in connection with the various issues under its EMTCB Programme.
Counsel to Nordea Bank Abp in connection with the update of its €50,000,000,000 Euro Medium Term Note Programme.
Counsel to Nordea Bank Abp in connection with the update of its U.S.$25,000,000,000 Global Medium-Term Note Programme.
Parties
OP Corporate Bank plc, Danske Bank A/S, SATO Corporation and Sato-Asunnot Oy
Transaction
Counsel to OP Corporate Bank plc and Danske Bank A/S in relation to SATO’s EUR 100 million sustainability linked secured term loan facility agreement.
Deal Value
EUR 100 million
Role
Counsel to OP Corporate Bank plc and Danske Bank A/S
Counsel to Aareal Bank in arranging a senior secured financing for NREP’s Noli Studios co-living premises in the Herttoniemi residential area of Helsinki.
Parties:
Konecranes Plc
Transaction:
Hannes Snellman acted as counsel to Konecranes in connection with the establishment of its new EUR 350 million sustainability-linked revolving credit facility.
Deal value:
EUR 350 million
Role:
Counsel to Konecranes Plc
Nordea Bank and LähiTapiola in the financing of the acquisition and establishment of Better Burger Society by Intera and NoHo Partners.
Parties:
SULO Group, (Buyer), Molok Group Oy (Target)
Transaction:
Hannes Snellman counsel to SULO Group, a global waste management leader, in its acquisition of Molok Group Oy from Vaaka Partners.
Deal value:
Value not public
Role:
Counsel to SULO Group
Parties:
Terveystalo Plc
Transaction:
Counsel to Terveystalo Plc, a healthcare service provider listed on Nasdaq Helsinki, in the issue and listing of senior unsecured sustainability-linked notes.
Value:
EUR 100 million
Role:
Counsel to Terveystalo Plc
Parties:
Sanoma Corporation, Nordea Bank Abp
Transaction:
Counsel to Sanoma Corporation, a K12 learning service provider and cross-media company listed on Nasdaq Helsinki, in the issuance and listing of hybrid capital securities in the amount of EUR 150 million. Nordea Bank Abp acted as lead manager in the issue of the capital securities.
Value:
EUR 150 million
Role:
Counsel to Sanoma Corporation
Parties:
Equip Capital, Lakers Group AB, Vestum AB
Transaction:
Equip Capital has acquired a portfolio of companies from Lakers Group by Vestum AB
Deal value:
Value not public
Role:
Counsel to Equip
Parties:
Eltel AB
Transaction:
Eltel AB’s EUR 25 million issue and listing of sustainability - linked hybrid capital securitie
Deal value:
EUR 25 million
Role:
Counsel to Eltel AB
Parties
Solidium Oy
Transaction
Hannes Snellman acted as counsel to Solidium Oy in connection with the establishment of its new EUR 300 million revolving credit facility arranged by Danske Bank, Nordea Bank, and Skandinaviska Enskilda Banken
Deal Value
EUR 300 million
Role
Counsel to Solidium Oy
Counsel to lender in the financing and refinancing of the acquisition of the landmark office property Bulevardi 2 located in Central Helsinki.
Parties
LähiTapiola Yhteiskuntakiinteistöt Suomi Ky (buyer), the Kirkkonummi Health and Social Services Centre (target), the Municipality of Kirkkonummi (seller)
Transaction
Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky in the acquisition and financing of the Kirkkonummi Health and Social Services Centre from the Municipality of Kirkkonummi.
Deal value
EUR 63.5 million
Role
Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky
Parties
Nordea Bank Abp, Cervi Talotekniikka Oy (target), Intera Partners (buyer)
Transaction
Counsel to Nordea Bank Abp in the financing of acquisition of Cervi Talotekniikka Oy by Intera Partners.
Deal Value
Classified
Role
Counsel to Nordea Bank Abp
Parties
Nordea Bank Abp and LocalTapiola, Spinverse Oy (target), Evolver Equity (buyer)
Transaction
Counsel to Nordea Bank Abp and LocalTapiola in the financing of acquisition of Spinverse Oy by Evolver Equity
Deal Value
Classified
Role
Counsel to Nordea Bank Abp and LocalTapiola
Counsel to OP Mortgage Bank in connection with the update of its EUR 25,000,000,000 Euro Medium Term Covered Bond (Premium) Programme.
Parties:
Verdane Capital, Lumene
Transaction:
The refinancing of Lumene
Deal Value:
Value not public
Role:
Counsel to Verdane Capital and Lumene
Parties
A consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital (buyer), Caverion Oyj (Target)
Transaction
Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital in the recommended public cash tender offer for all shares in Caverion Oyj.
Deal value
EUR 955 million
Role
Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital
Counsel to Exilion in the Construction and Financing of Isokangas and Palokangas Wind Farms. The projects will be constructed in Ii in northern Ostrobothnia, Finland, and will have an aggregate capacity of 100MW. The estimated yearly production of the two wind farms will be around 320,000 MWh. Our team advised Exilion in respect of negotiating turbine supply and services, balance of plant and financing agreements.
Parties
The German State (Buyer), Fortum Oyj (Seller), Uniper SE (Target)
Transaction
Fortum Oyj’s arrangements related to stabilisation of its German subsidiary Uniper SE. The package will ensure multi-billion funding for Uniper, sale of Fortum’s shareholding in Uniper to the German State for approximately EUR 0.5 billion as well as repayment of Fortum’s EUR 4 billion receivables from Uniper and release of EUR 4 billion parent company guarantees.
Deal value
Approx. EUR 4.5 billion
Role
Finnish counsel to Fortum Oyj
Parties
Fortum Oyj, Uniper SE, Solidium Oy
Transaction
Fortum Oyj’s EUR 2.35 billion bridge finance facility provided by the Finnish state-owned holding company Solidium Oy
Deal value
Loan amount max. EUR 2.35 billion
Role
Finnish counsel to Fortum Oyj
Parties
PCP and Avia Pharma AB
Transaction
PCP in its SEK 350 million term loan to Avia Pharma AB
Deal Value
SEK 350 million term loan
Role
Counsel to PCP
Parties
Orange Capital Partners (Buyer), Starwood Capital Group and Avara Oy (Sellers)
Transaction
Hannes Snellman acted as counsel to Orange Capital Partners in the acquisition of a residential portfolio of 2,200 apartments located across 16 cities from Starwood Capital Group and Avara Oy
Deal Value
Value not public
Role
Counsel to Orange Capital Partners
Parties:
Applied Materials Inc. (buyer), Picosun Oy (target)
Transaction:
The acquisition of Picosun Oy, an innovator in atomic layer deposition (ALD) technology, primarily for specialty semiconductors.
Deal Value:
Value not public
Role:
Finnish counsel to Applied Materials Inc.
Parties
Nordea Bank Abp, Skandinaviska Enskilda Banken (publ), and VR-Group Ltd
Transaction
Hannes Snellman acted as counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ) in EUR 100 million term credit facility of VR-Group Ltd.
Deal Value
EUR 100 million
Role
Counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ)
Counsel to Mandatum Asset Management Ltd in arranging a senior secured financing for the acquisition of land and for the construction of NREP’s Noli Studios in Otaniemi, Espoo
Deal Value:
Value not public
Role:
Counsel to Mandatum Asset Management Ltd
Parties:
Esperi Care (target), Danske Bank, SEB, and Ilmarinen (majority owners), Triton (buyer)
Transaction:
Counsel to Esperi Care and its majority owners Danske Bank, SEB, and Ilmarinen in the acquisition of the majority of Esperi Care’s shares by Triton Smaller Mid Cap Fund II advised by Triton.
Deal Value:
Value not public.
Role:
Counsel to Esperi Care and its majority owners
Parties:
Ahlström Capital BV and Nidoco AB (buyers), Ahlstrom-Munksjö (seller), Decor Solutions business area (target)
Transaction:
The buying consortium comprising Ahlström Capital BV and Nidoco AB, in the investment in the majority share of Ahlstrom-Munksjö’s Decor Solutions business area.
Deal Value:
Value not public
Role:
Counsel to the buying consortium (Ahlström Capital BV and Nidoco AB)
Parties:
CapMan Real Estate (buyer), Goldman Sachs Asset Management and Cromwell Property Group (sellers)
Transaction:
The acquisition and financing of an office property portfolio from Goldman Sachs Asset Management and Cromwell Property Group.
Deal Value:
Value not public
Role:
Counsel to CapMan Real Estate.
Parties
NREP (Buyer), a fund managed by Genesta (Seller)
Transaction
Hannes Snellman acted as counsel to NREP in the financing and refinancing of the acquisition of the historic office property Bulevardi 21 located in Central Helsinki from a fund managed by Genesta.
Deal Value
Value not public
Role
Counsel to NREP
Counsel to Finnish Customs in the public procurement of bitcoin brokerage services. The assignment is related to the Finnish Government’s decision to sell the Bitcoins and other cryptocurrencies seized by Finnish Customs and allocate a significant share of the additional revenue to support Ukraine in the current war.
Parties
Basware Corporation (target), a consortium consisting of Accel-KKR, Long Path Partners, and Briarwood Chase Management (buyer)
Transaction
Counsel to the offeror consortium of Accel-KKR, Long Path Partners, and Briarwood Chase Management in the tender offer for all outstanding securities in Basware Corporation.
Deal Value
EUR 620 million
Role
Counsel to the consortium
Parties
LähiTapiola Yhteiskuntakiinteistöt Suomi Ky
Transaction
Hannes Snellman acted as counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky in its arrangement for syndicated loan facilities for acquisition of Finnish properties
Deal Value
Value not public
Role
Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky
Parties
Orange Capital Partners and another global investor (Buyers), Morgan Stanley (Seller)
Transaction
Orange Capital Partners' and another global investor's acquisition of a residential portfolio with 37 assets and 1,900 apartments from Morgan Stanley
Deal Value
Value not public
Role
Counsel to Orange Capital Partners and another global investor
Parties
Areim, Valio Pension Fund
Transaction
Acquisition of an office property, located in Helsinki at Kaikukatu 3 A, from Valio Pension Fund
Deal Value
Value not public
Role
Counsel to Areim
Counsel to Eltel AB in financing agreement with banks comprising a EUR 35 million term loan and EUR 90 million revolving credit facility.
Counsel to Nordea Bank Abp in Financing the Acquisition of KaVo Treatment Unit & Instrument business (2020 turnover of approximately USD 317 million) by Planmeca Oy, a global leader in many fields of healthcare technology.
Parties YIT Transaction Issue of two EUR 100 million green bonds and EUR 100 million green capital securities by YIT Oyj Deal Value
EUR 300 million
Role Counsel to YIT
Parties Lassila & Tikanoja plc (JV shareholder), Neova Oy (JV shareholder), L&T Biowatti Oy (joint venture company)
Transaction Counsel to Lassila & Tikanoja plc, a service company that is putting the circular economy into practice, in creating a joint venture with Neova Oy consolidating the parties’ energy wood businesses in Finland and Estonia. The joint venture’s turnover is approximately EUR 100 million and it employs approximately 100 employees.
Deal Value Not disclosed
Role Legal counsel to L&T plc
Parties
Viking Line Abp
Transaction
Counsel to Viking Line Abp on its EUR 51.8 million issue of new shares with pre-emptive rights for existing shareholders.
Deal Value
EUR 51.8 million
Role
Counsel to Viking Line Abp
Parties
Nordea Bank Abp, Duell Bike-Center, Tecno Globe
Transaction
Counsel to Nordea Bank Abp in financing the acquisition of Tecno Globe by Duell Bike-Center, a portfolio company of Sponsor Capital, and the refinancing of existing financing of Duell Bike-Center
Deal Value
Value not public
Role
Counsel to Nordea Bank Abp
Parties
LAK Real Estate Oy, Kiinteistö Oy Apron
Transaction
Counsel to LAK Real Estate Oy in financing of hotel construction at Helsinki Airport
Deal Value
EUR 120 million
Role
Counsel to LAK Real Estate Oy and Kiinteistö Oy Apron and it's direct parent companies
Parties
Virala Acquisition Company Plc, Purmo Group Ltd
Transaction
Virala Acquisition Company Plc's merger with Purmo Group Ltd.
Deal Value
EUR 685 million
Role
Counsel to Virala Acquisition Company Plc
Counsel to Nordea Bank Abp in relation to its issue of U.S.$1,000,000,000 Perpetual Reset Additional Tier 1 Conversion Notes on 1 September 2021.
Parties
Holmström Fastigheter AB, Areim AB, Magnolia Bostad AB
Transaction
Counsel to consortium of F. Holmström Fastigheter AB and Areim AB on its public offer for Magnolia Bostad AB
Deal Value
The offer values Magnolia Bostad at approximately SEK 2,9 billion
Role
Counsel to consortium of F. Holmström Fastigheter AB and Areim AB
Parties
Valmet, Neles
Transaction
Hannes Snellman acted as lead counsel to Valmet, a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries, in its merger with Neles, one of the leading providers of mission-critical flow control solutions and services for process industries in Finland.
Deal Value
The combined value of the merging companies is approximately EUR 7 billion.
Role
Lead counsel to Valmet
Parties
Virala Acquisition Company Plc
Transaction
Hannes Snellman acted as legal counsel to Virala Acquisition Company Plc on its IPO and the listing of its Class C shares on the SPAC segment of the regulated market of Nasdaq Helsinki
Deal Value
EUR 107.5 million
Role
Counsel to Virala Acquisition Company Plc
Parties
Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, Skandinaviska Enskilda Banken (publ), and VR-Group Oy
Transaction
Hannes Snellman acted as counsel to Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, and Skandinaviska Enskilda Banken (publ) in EUR 200 million sustainability linked revolving credit facility of VR-Group Oy.
Deal Value
EUR 200 million
Role
Counsel to Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, and Skandinaviska Enskilda Banken (publ)
Parties
Aktia Bank Plc
Transaction
Aktia Bank Plc issue of Additional Tier 1 unsecured fixed to fixed rate Finnish law notes of EUR 60 million on 26 May 2021
Deal Value
EUR 60 million
Role
Counsel to Aktia Bank Plc
Parties
European Directories, Mandatum
Transaction
European Directories' EUR 40,000,000 private financing of European Directories BondCo S.C.A., a portfolio company of Triton Fund III. The financing was arranged by Mandatum Asset Management Ltd and certain other Sampo Group companies.
Deal Value
EUR 40,000,000
Role
Counsel to European Directories
Parties
The State of Finland, Finnair Plc
Transaction
Counsel to the State of Finland in the hybrid loan arrangement with Finnair Plc
Deal Value
Up to EUR 400 million
Role
Counsel to the State of Finland (Prime Minister’s Office)
Parties
Viking Malt Oy, OP Corporate Bank plc, Danske Bank A/S, Finland Branch, Danske Bank A/S
Transaction
Hannes Snellman acted as counsel to Viking Malt in financing of EUR 90 million production plant investment in Lahti. The investment was the biggest investment in Finnish food and beverage industry and in Lahti region during the past 10 years. The financing package was partially guaranteed with an export credit agency guarantee granted by Euler Hermes Aktiengesellschaft.
Deal Value
Value not public
Role
Counsel to Viking Malt
Parties
PPG Industries, Inc. (Bidder), Tikkurila Oyj (Target)
Transaction
Recommended public cash tender offer for all of the shares in Tikkurila by PPG Industries, Inc.
Deal Value
EUR 1.5 billion
Role
Counsel to Tikkurila Oyj
Parties
Castellum (Buyer), Lindström Invest (Target)
Transaction
Castellum's acquisition of real estate group Lindström Invest
Deal Value
EUR 150 million
Role
Counsel to Castellum AB (publ)
Parties
Exilion Tuuli (Buyer), St1 (Seller)
Transaction
Exilion Tuuli's transaction whereby Exilion Tuuli acquired the wind power production and development business of St1
Deal Value
Value not public
Role
Counsel to Exilion Tuuli
Parties
Nordea Bank Abp, Nordea Bank Abp, filial i Sverige, Danske Bank A/S, Danske Bank A/S, Finland Branch, Norvestor, PHM Holding Oy, Kotikatu Holding Oy
Transaction
Nordea Bank's and Danske Bank's EUR 195,000,000 senior loan financing supporting Norvestor together with PHM Group in the acquisition of Kotikatu Holding Oy
Deal Value
EUR 195 million
Role
Counsel to Nordea Bank Abp and Danske Bank A/S
Counsel to OP Mortgage Bank in connection with the establishment of its €10,000,000,000 Euro Medium Term Retained Covered Note Programme.
Parties
Ahlstrom-Munksjö Oyj (target), a consortium consisting of Ahlström Capital, Bain Capital Private Equity, Viknum and Belgrano Inversiones (buyer)
Transaction
Recommended public cash tender offer for all shares in Ahlstrom-Munksjö Oyj by Spa Holdings 3 Oy
Deal value
Approximately EUR 2.1 billion
Role
Counsel to the consortium
Counsel to OP Corporate Bank plc in connection with the update of its €20,000,000,000 Euro Medium Term Note Programme.
Counsel to Skandinaviska Enskilda Banken AB (publ) Helsinki Branch in the financing of forest asset secured green loan facilities up to EUR 350,000,000 in Finland.
Parties
Nykredit Realkredit A/S, Catella
Transaction
Counsel to Nykredit Realkredit A/S in refinancing of housing company portfolio located in the Helsinki region owned by Catella
Deal Value
Value not public
Role
Counsel to Nykredit Realkredit A/S
Counsel to Nordea Bank Abp in connection with the update of its U.S.$25,000,000,000 Global Medium-Term Note Programme.
Counsel to the joint lead managers with the several issues of the Republic of Finland’s Serial Bonds.
Parties
City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II
Transaction
The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres
Deal Value
Approx. EUR 300 million
Role
Counsel to City of Espoo
Team
Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér
Counsel to Finnish Fund Industrial Cooperation Ltd (FINNFUND) in its finance arrangements in emerging markets in Africa and the Middle East.
Parties
NREP
Transaction
Counsel to NREP in financing the development of residential properties located in Niittykumpu and Leppävaara, Espoo, 2020
Deal Value
Value not public
Hannes role
Counsel to NREP
Hannes team
Markus Bremer, Laura Kotilainen, Valerie Wårvik, Pauliina Sutinen and Linda Launonen
Parties
Nordea Bank Abp, PHM Holding Oy, Norvestor
Transaction
Nordea Bank Abp's financing of the acquisition of the majority of shares in PHM Holding Oy (PHM) by Norvestor
Deal Value
Value not public
Role
Counsel to Nordea Bank Abp
Parties
Local Tapiola Finance Ltd
Transaction
Local Tapiola Finance Ltd's issue of EUR 115,000,000 2-year senior unsecured floating rate notes
Deal Value
Value not public
Role
Counsel to Local Tapiola Finance Ltd
Parties
Nordea Bank Abp, Areim
Transaction
Counsel to Nordea Bank Abp in financing the acquisition of a residential portfolio of 900 rental apartments from Ilmarinen by Areim
Deal Value
Value not public
Role
Counsel to Nordea Bank Abp
Parties
Nordea Bank Abp, Evolver Equity Fund I, Micro Aided Design Oy, Arktis AS, Nolliplan AB
Transaction
Counsel to Nordea Bank Abp in financing the acquisitions of Micro Aided Design Oy, Arktis AS and Nolliplan AB by Evolver Equity Fund I
Deal Value
Value not public
Role
Counsel to Nordea Bank Abp
Finnish counsel to Qliro Group.
Counsel to various UK based banks, fund managers and investment firms as well as Nordic and international entities on their Brexit planning in Finland and Sweden
Counsel to various UK based investment firms and banks on applying for post-Brexit authorisation from the Finnish Financial Supervisory Authority.
Counsel to various alternative investment fund managers on Finnish and Swedish licencing applications and notification requirements, and assisted in their licence or notification processes with the Finnish and Swedish Financial Supervisory Authority
Counsel to a Swedish credit institution on the implementation of changes to the regulatory treatment of non performing exposures.
Finnish counsel to Nordax Bank AB (publ).
Counsel to an international firm with launching its consumer credit business in Sweden including ownership and management assessments, and the various documentation necessary for regulatory approvals.
Finnish netting counsel to ISDA.
Finnish counsel to CLS.
Counsel to the Finnish State Treasury on financial regulatory and documentation issues.
Finnish and Swedish counsel to SIX x-clear Ltd in their entry to the Nordic market as a central clearing counterparty for NASDAQ OMX originated trades.
Counsel to Euroclear SA/NV on Finnish banking and financial regulatory matters.
Parties
Initial purchasers and creditors, CABB Chemicals
Transaction
Finnish counsel to the initial purchasers and creditors in the refinancing of CABB Chemicals with EUR 490 million senior secured and EUR 150 million unsecured notes offering and super senior revolving credit facility
Deal Value
EUR 640 million
Role
Finnish counsel to the initial purchasers and creditors
Parties
OP Corporate Bank plc as the credit coordinator with Nordea and SEB as other creditors. Kesko as the Borrower
Transaction
EUR 300 million syndicated credit facility for Kesko Corporation, in which the interest is linked to sustainability targets
Deal Value
EUR 300 million and an additional EUR 300 million conditional loan
Role
Counsel to OP Corporate Bank plc
Counsel to Rapala VMC Corporation in a hybrid bond issue of EUR 25 million
Parties
Santander Consumer Finance Oy as Originator, SCF Rahoituspalvelut VIII DAC as Issuer, and Barclays, Banco Santander and Merrill Lynch as Joint Lead Managers
Transaction
STS-securitisation of auto loan hire purchase contracts
Deal Value
EUR 799,200,000
Role
Counsel to Joint Lead Managers (Barclays Bank PLC, Banco Santander S.A., BofA Merrill Lynch)
Parties
DekaBank Deutsche Girozentrale
Transaction
DekaBank Deutsche Girozentrale’s project financing of Project Piiparinmäki, the largest wind farm in Finland
Deal Value
Value not public
Role
Counsel to DekaBank Deutsche Girozentrale
Parties
Patrizia (Buyer), Ilmarinen Mutual Pension Insurance Company (Seller)
Transaction
Patrizia's acquisition of the Dixi office property with a total lettable area of approximately 14,300 sqm located in Helsinki Metropolitan Area (HMA) from Ilmarinen Mutual Pension Insurance Company
Deal Value
Value not public
Role
Counsel to Patrizia
Counsel to Pankaboard Oyj in the outsourcing of steam production to Adven Oy
Parties
Nykredit Realkredit A/S, Niam, Skanska
Transaction
Counsel Nykredit Realkredit A/S in refinancing the acquisition of Aviabulevardi II office building in Vantaa by Niam from Skanska
Deal Value
Value not public
Role
Counsel to Nykredit Realkredit A/S
Parties
Nordic real estate investment company NREP
Transaction
Counsel to Nordic real estate investment company NREP in financing the acquisition of the Arabia shopping centre in Helsinki and the Duo shopping centre in Tampere, 2019
Deal Value
Approx. EUR 77 million
Role
Counsel to NREP
Parties
Nykredit Realkredit A/S, Nykredit Bank A/S, Doric, Svenska Folkskolans Vänner R.F. foundation
Transaction
Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S in financing the acquisition of a building in the center of Helsinki by Doric from Svenska Folkskolans Vänner R.F. foundation
Deal Value
Value not public
Role
Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S
Parties
Nykredit Realkredit A/S, Nykredit Bank A/S, Areim, GE Healthcare Finland
Transaction
Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S in financing the acquisition of an office building in Helsinki by Areim from GE Healthcare Finland
Deal Value
Value not public
Role
Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S
Parties
Nordea Bank Abp, Relais Group, Aktiebolaget Reservdelar, Huzell I Karlstad Aktiebolag
Transaction
Counsel to Nordea Bank Abp in financing the acquisition of Aktiebolaget Reservdelar and Huzell I Karlstad Aktiebolag by Relais Group
Deal Value
Value not public
Role
Counsel to Nordea Bank Abp
Parties
Byggnadstekniska Byrån Sverige AB (Target), Sitowise Holding AB (Buyer), Byggnadstekniska Byrån Mosebacke AB (Seller)
Transaction
Intera Partners backed Sitowise Oy in the Acquisition of Byggnadstekniska Byrån Sverige AB
Deal Value
Value not public
Role
Counsel to Intera Partners
Parties
DWS (Buyer), Lehto Group plc. (Seller)
Transaction
Acquisition of a residential portfolio comprising 542 apartments from Lehto Group plc.
Deal Value
Value not public
Role
Counsel to DWS
Parties
Nordea Bank Abp
Transaction
Nordea Bank Abp's issue of U.S.$1,250,000,000 Perpetual Non-Call March 2026 Additional Tier 1 Conversion Notes under the U.S.$25,000,000,000 Global Medium Term Note Programme in March
Deal Value
USD 1,250,000,000
Role
Counsel to Nordea Bank Abp
Parties
Nordea Bank Abp
Transaction
Counsel to Nordea Bank Abp in EUR 74,000,000 refinancing of Global Net Lease, Inc.’s portfolio of five commercial real estate properties located in Southern Finland
Deal Value
EUR 74,000,000
Role
Counsel to Nordea Bank Abp
Parties
Schroder Nordic Real Estate Fund (Buyer), Genesta (Seller)
Transaction
Schroder Nordic Real Estate Fund's financing and acquisition of 11,230m² office building in Helsinki from Genesta, acting on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II)
Deal Value
Value not public
Role
Counsel to Schroder Nordic Real Estate Fund
Parties
Glaston Corporation (Buyer), Conzzeta AG (Seller), Bystronic Maschinen AG, Bystronic Lenhardt GmbH and their subsidiaries (Targets)
Transaction
Glaston Corporation’s acquisition of Bystronic Glass and refinancing of Glaston
Deal Value
EUR 68 million
Role
Counsel to Glaston Corporation
Parties
Nordic real estate investment company NREP
Transaction
NREP's financing the acquisition of a logistics property located in Southern Finland and development of residential and serviced living properties located in the Helsinki metropolitan area
Deal Value
Value not public
Role
Counsel to NREP Oy
Parties
OP Corporate Bank plc, Nordea Bank Abp, Normet Oy
Transaction
Counsel to OP Corporate Bank plc and Nordea Bank Abp in EUR 115 million refinancing of Normet Oy
Deal Value
EUR 115 million
Role
Counsel to OP Corporate Bank plc and Nordea Bank Abp
Parties
Nykredit Realkredit A/S, Niam, NCC Property Development, Suurpelto Center & Laajasalo Shopping Center
Transaction
Counsel to Nykredit Realkredit A/S in financing the acquisition of Suurpelto Center in Espoo and Laajasalo Shopping Center in Helsinki by Niam from NCC Property Development.
Deal Value
Value not public
Role
Counsel to Nykredit Realkredit A/S
Parties
LocalTapiola Mutual Life Insurance Company
Transaction
LocalTapiola Mutual Life Insurance Company’s issue of EUR 100 million capital notes
Deal Value
Value 100 million
Role
Counsel to LocalTapiola Mutual Life Insurance Company
Parties
Precast Holding Oy (Buyer), Elematic HoldCo Oy (Seller), Elematic Oyj (Target), Nordic Trustee (as bonds trustee appointed by Elematic’s
Transaction
Restructuring of ownership and financing structure of Elematic Oyj
Deal Value
Value not public
Role
Counsel to Nordic Trustee
Parties
Nordea Bank Abp
Transaction
Nordea Bank Abp's establishment of its €50,000,000,000 Euro Medium Term Note Programme
Deal Value
EUR 50,000,000,000
Role
Counsel to Nordea Bank Abp
Parties
Nordea Bank Abp
Transaction
Nordea Bank Abp's establishment of its USD 25,000,000,000 Global Medium-Term Note Programme
Deal Value
USD 25,000,000,000
Role
Counsel to Nordea Bank Abp
Parties
OP Corporate Bank plc, HYY Group, Sponda
Transaction
Counsel to OP Corporate Bank plc in financing the acquisition of Seurahuone property by HYY Group from Sponda
Deal Value
Value not public
Role
Counsel to OP Corporate Bank plc
Parties
Nordic Healthcare Group Oy, Vaaka Partners Oy
Transaction
Vaaka Partner's investment in Nordic Healthcare Group
Deal Value
Value not public
Role
Counsel to Vaaka Partners
Parties
Commonwealth Bank (Seller), Colonial First State Global Asset Management (Target), Mitsubishi UFJ Trust and Banking Corporation (Buyer)
Transaction
Commonwealth Bank's sale of its global asset management business, Colonial First State Global Asset Management (CFSGAM), to Mitsubishi UFJ Trust and Banking Corporation
Deal Value
AUD 4.1 billion
Role
Counsel to Commonwealth Bank
Parties
Wereldhave N.V. (Seller), Morgan Stanley Real Estate Investing (MSREI) (Buyer)
Transaction
Wereldhave's divestment of the Itis shopping centre to a fund advised by Morgan Stanley Real Estate Investing (MSREI)
Deal Value
Approx. EUR 520 million
Role
Counsel to Wereldhave N.V.
Parties
Nykredit Realkredit A/S, Aberdeen Standard Investments, LähiTapiola
Transaction
Nykredit Realkredit's financing the acquisition of a portfolio of 824 apartments by Aberdeen Standard Investments from LähiTapiola
Deal Value
Value not public
Role
Counsel to Nykredit Realkredit A/S
Nordea Bank AB (publ) issue of U.S.$500,000,000 4.625 per cent. Dated Subordinated Notes due 2033 (the “Notes”) under the U.S.$25,000,000,000 Global Medium Term Note Programme in September, 2018.
Parties
Deutsche Asset & Wealth Management
Transaction
Deutsche Asset & Wealth Management's acquisition of a prime logistics facility in Aviapolis. The acquired complex comprises 42,000 square meters spread across an extensive distribution warehouse, cross-dock facility and stand-alone office complex.
Deal Value
Value not public
Role
Counsel to Deutsche Asset & Wealth Management
Parties
Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch, Terrafame Ltd
Transaction
Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch provided EUR 130,000,000 Guarantee Facility to Terrafame Ltd, a Finnish multi-metal company, 2018
Deal Value
Value not public
Role
Counsel to Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch
Counsel to Nordea Bank AB (publ) in relation to issue of U.S.$750,000,000 3.750 per cent. Senior Non-Preferred Notes due 2023 and U.S.$250,000,000 Floating Rate Notes due 2023 under the U.S.$25,000,000,000 Global Medium Term Note Programme in August, 2018.
Parties
Ahlstrom-Munksjö (Buyer), Expera Specialty Solutions (Target), KPS Capital Partners (Seller)
Transaction
Ahlstrom-Munksjö’s acquisition of Expera Specialty Solutions, a U.S.-based specialty paper producer
Deal Value
USD 615 million
Role
Counsel to Ahlstrom-Munksjö
Parties
Areim Fund III (Buyer), Avant Capital Partners, Varma Mutual Pension Insurance Company, EPISO 4 fund (Sellers)
Transaction
Areim Fund's acquisition of a portfolio of eight office properties from Avant Capital Partners, Varma Mutual Pension Insurance Company and EPISO 4 fund advised by Tristan Capital Partners
Deal Value
Value not public
Role
Counsel to Areim Fund III
Parties
Elementis plc (Buyer), Mondo Minerals B.V. (Target)
Transaction
A proposed acquisition of Mondo Minerals B.V. by Elementis plc
Deal Value
USD 600 million
Role
Counsel to Elementis plc
Parties
IVG Polar Oy (Seller), Goldman Sachs and Cromwell Property Group (Buyers)
Transaction
IVG Polar Oy's divestment of an office portfolio with a lettable space of 132,000m² to Goldman Sachs and Cromwell Property Group
Deal Value
EUR 108.5 million
Role
Counsel to IVG Polar Oy
Parties
YIT Oyj
Transaction
Issue of EUR 100 million and EUR 150 million senior notes by YIT Oyj
Deal Value
EUR 250 million
Role
Counsel to YIT Oyj
Parties
Keskinäinen Eläkevakuutusyhtiö Ilmarinen, Sotkamo Silver Oy
Transaction
Keskinäinen Eläkevakuutusyhtiö Ilmarinen's investment in connection with the issuance of the EUR 13,200,000 senior secured fixed rate notes by Sotkamo Silver Oy
Deal Value
Value not public
Role
Counsel to Keskinäinen Eläkevakuutusyhtiö Ilmarinen
Parties
EQT Partners UK Advisors LLP, Biovian Oy and Keensight Capital’s investment
Transaction
Counsel to EQT Partners UK Advisors LLP in the financing of Keensight Capital’s investment in Biovian Oy
Deal Value
Value not public
Role
Counsel to EQT Partners UK Advisors LLP
Counsel to Victory Park Capital Advisors, LCC in connection with their financing of a Swedish payment service provider.
Orion Corporation's divestment of the diagnostics business unit Orion Diagnostica Oy to a private equity fund managed by Axcel Management A/S
Deal Value
Value not public
Role
Counsel to Orion Corporation
Parties
Counsel to Polygon AB (publ) and Triton
Transaction
Issue of a EUR 210 million rated senior secured bond and the entry into of a super senior RCF
Deal Value
EUR 210 million
Role
Counsel to Polygon AB (publ) and Triton
Parties
Vaaka Partners, Framery Oy
Transaction
Counsel to Vaaka Partners in the financing for the acquisition of Framery Oy
Deal Value
Value not public
Role
Counsel to Vaaka Partners
Parties
LAK Real Estate Oy, Finavia Oyj, Pontos Aero Oy, fund managed by NREP
Transaction
Counsel to LAK Real Estate Oy as borrower for secured bank loan facilities entered into in connection with acquisition of a majority interest in Finavia Oyj’s subsidiary, LAK Real Estate, by Pontos Aero Oy and a fund managed by NREP
Deal Value
Value not public
Role
Counsel to LAK Real Estate Oy
Parties
Nordea Bank AB (publ), CapMan Buyout X Fund, KotiSun Group Oy
Transaction
Nordea Bank AB (publ), Finnish Branch’s financing for the acquisition of KotiSun Group
Deal Value
Value not public
Role
Counsel to Nordea Bank AB (publ), Finnish Branch
Parties
A fund managed by J.P. Morgan Asset Management (Seller), a fund managed by Genesta (Buyer)
Transaction
J.P. Morgan Asset Management's disposal of a 66,680 sqm logistics property in Espoo to a fund managed by Genesta
Deal Value
Value not public
Role
Counsel to J.P. Morgan
Parties
TRIUVA Kapitalverwaltungsgesellschaft (Buyer), a group of private Finnish investors (Seller)
Transaction
TRIUVA Kapitalverwaltungsgesellschaft, acting on behalf of an institutional investor, acquired a core mixed use building on Kanavaranta 3-7
Deal Value
Value not public
Role
Counsel to TRIUVA
Parties
OP Yrityspankki Oyj
Transaction
OP Yrityspankki Oyj's financing of total EUR 100,000,000 forest asset secured loan facilities in Finland.
Deal Value
EUR 100 million
Role
Counsel to OP Yrityspankki Oyj
Parties
Goldman Sachs International (Buyer), Sponda Oyj (Target)
Transaction
Hannes Snellman acted as counsel to Goldman Sachs International, as mezzanine arranger, of mezzanine credit facilities provided to Blackstone in connection with its public to private acquisition of Sponda Oyj
Deal Value
EUR 3.9 billion
Role
Counsel to Goldman Sachs International
Parties
Ramirent Oyj, European Investment Bank
Transaction
Ramirent Oyj's EUR 50 million loan agreement with the European Investment Bank
Deal Value
EUR 50 million
Role
Counsel to Ramirent Oyj
Parties
Sampo plc, Terrafame Ltd
Transaction
Sampo plc's financing of Terrafame Ltd, a Finnish multi-metal company producing primarily nickel and zinc by bioheapleaching at its mine located in Sotkamo.
Deal Value
Value not public
Role
Counsel to Sampo plc
Parties
Nordea Bank AB (publ), Basware Oyj
Transaction
Nordea Bank AB's (publ) refinancing of Basware Oyj
Deal Value
Value not public
Role
Counsel to Nordea Bank AB (publ)
Parties
Rapala VMC Corporation
Transaction
Rapala VMC Corporation's hybrid bond issue.
Deal Value
EUR 25 million
Role
Rapala VMC Corporation
Parties
Schroder
Transaction
Schroder's (acting on behalf of Schroder Nordic Real Estate Fund) acquisition of a portfolio of nine office properties located in the Greater Helsinki area with a total lettable area of approx. 53,000 sqm
Deal Value
Value not public
Role
Counsel to Schroder
Parties
Santander Consumer Finance Oy, SFC Rahoituspalvelut Kimi VI DAC
Transaction
Issue of EUR 634,700,000 Class A Notes and EUR 64,800,000 Class B Notes by SFC Rahoituspalvelut Kimi VI DAC secured by a portfolio of hire purchase agreements made by Santander Consumer Finance Oy
Deal Value
EUR 699,500,000
Role
Counsel to Santander Consumer Finance Oy
Parties
Tapiola KR III Ky, Ainoa Shopping Centre
Transaction
Tapiola KR III Ky's financing of the development of the Ainoa Shopping Centre
Deal Value
Value not public
Role
Counsel to Tapiola KR III Ky
Parties
Lemminkäinen Corporation and YIT Corporation
Transaction
The combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger
Deal Value
EUR 771 million
Role
Counsel to Lemminkäinen
Parties
J.P. Morgan Asset Management fund (Seller), Alma Property Partners I AB (Buyer)
Transaction
The disposal of four office properties in the Keilaniemi business district of Espoo, Finland by a J.P. Morgan Asset Management fund to Alma Property Partners I AB
Deal Value
Value not public
Role
Counsel to J.P. Morgan
Parties
Barings Real Estate Advisers (Buyer), CapMan (Seller)
Transaction
The acquisition of Entresse shopping mall from CapMan, by a fund managed by Barings Real Estate Advisers
Deal Value
Value not public
Role
Counsel to Barings Real Estate Advisers
Parties
J.P. Morgan Asset Management (Seller); Genesta (Buyer)
Transaction
Disposal of a 11,200 sqm office property in Helsinki by a fund managed by J.P. Morgan Asset Management to a fund managed by Genesta
Deal Value
Value not public
Role
Counsel to J.P. Morgan Asset Management
Parties
Niam (Buyer), Commerz Real Investmentgesellschaft MBH (Seller)
Transaction
Niam's acquisition of an office property in Helsinki, called Life Science Center Keilaniemi, from Commerz Real Investmentgesellschaft MBH
Deal Value
Value not public
Role
Counsel to Niam
Parties
Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)
Transaction
Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group
Deal Value
Value not public
Role
Counsel to Hartwall Capital Oy Ab
Parties
Ahlstrom Oyj, Munksjö Oyj
Transaction
The combination of Ahlstrom and Munksjö through a merger
Deal Value
Approx. EUR 1,2 billion
Role
Lead counsel to Ahlstrom
Parties
Eurus Energy Holdings Corporation (Buyer), Maas Capital Renewables (Seller) and YARD ENERGY (Seller)
Transaction
Eurus Energy Holdings Corporation's acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY
Deal Value
Value not public
Role
Counsel to Eurus Energy Holdings Corporation
Parties
Ahlstrom Capital Oy
Transaction
Ahlstrom Capital Oy's financing arrangements
Deal Value
Value not public
Role
Counsel to Ahlstrom Capital Oy
Parties
Nordea, Technopolis
Transaction
Nordea on the financing of Technopolis’ expansion into Sweden
Deal Value
Value not public
Role
Counsel to Nordea
Parties
Equinix (Buyer), TelecityGroup (Target)
Transaction
Data centre operator Equinix’s GBP 2.3 billion offer for London-based rival TelecityGroup
Deal Value
GBP 2.3 billion
Role
Finnish counsel to Equinix
Parties
Powerflute Oyj
Transaction
Powerflute Oyj's facilities agreement in July 2016
Deal Value
EUR 120 million
Role
Counsel to Powerflute Oyj
Local counsel in novation of leases and sale and transfer of Airbus A350-900 aircraft.
Parties
EQT Partners, debt fund
Transaction
Refinancing of Mikeva Group with a Finnish law governed unitranche financing structure
Deal Value
Value not public
Role
Counsel to EQT Partners
Parties
eQ Asset Management Ltd and its funds eQ Care and eQ Finnish Real Estate, Nordea, Aktia, Ilmarinen and LocalTapiola
Transaction
eQ Asset Management Ltd's and its funds eQ Care's and eQ Finnish Real Estate's large finance arrangements with Nordea, Aktia, Ilmarinen and LocalTapiola during 2015, 2016
Deal Value
Value not public
Role
Counsel to eQ Asset Management Ltd
Parties
Pankakoski Board Trading Oy
Transaction
Pankakoski Board Trading Oy Refinancing 2015
Deal Value
Value not public
Role
Counsel to Pankakoski Board Trading Oy
Parties
Niam
Transaction
The financing relating to Niam’s acquisition of the Kaari shopping centre
Deal Value
Value not public
Role
Counsel to Niam
Parties
Svenska Handelsbanken AB (publ), Branch Operation in Finland
Transaction
Svenska Handelsbanken AB (publ), Branch Operation in Finland in financing the Hansakortteli properties for the joint venture Kauppakeskus Hansa Ky managed by Exilion
Deal Value
Value not public
Role
Counsel to Svenska Handelsbanken AB (publ)
Local counsel in sale and transfer of Airbus A319-112.
Local counsel in sale and transfer of three Embraer E190-100 aircrafts.
Parties
Tikkurila Oyj
Transaction
Tikkurila Oyj's EUR 150 million term and revolving facilities agreement in June 2015
Deal Value
EUR 150 million
Role
Counsel to Tikkurila Oyj
Parties
Sagax, Deutsche Pfandbriefbank
Transaction
Refinancing of Sagax
Deal Value
SEK 3.6 billion
Role
Counsel to Deutsche Pfandbriefbank
Parties
Caverion Oyj
Transaction
EUR 100 million revolving credit facility agreement of Caverion Oyj in May 2015
Deal Value
EUR 100 million
Role
Counsel to the lenders
Parties
Fingrid Oyj
Transaction
Fingrid Oyj's debt issuance programme
Deal Value
EUR 1,5 billion
Role
Counsel to the dealers and the trustee
Parties
Sappi Limited
Transaction
Sappi Limited's bond issue
Deal Value
EUR 450 million
Role
Local counsel to issuer
Counsel to Glaston Oyj in connection with its finance transaction.
Counsel to BlackRock on Finnish banking and financial regulatory matters.
Counsel to Australia and New Zealand Banking Group Limited on Finnish financial regulatory matters.
Counsel to Bank of America Merrill Lynch on Finnish financial regulatory matters.
Counsel to alternative investment fund managers and investment firms on Finnish licencing applications and notification requirements, and assisted in their licence or notification processes with the Finnish Financial Supervisory Authority
Counsel to financial services providers on applications to, and negotiations with, regulators
Counsel to clients on anti-money laundering compliance
“The team has hands-on experience advising both borrowers and lenders across small to large-cap deals.”
“Hannes Snellman is one of the few firms able to handle highly complex matters. The lawyers are very easy to approach and provide a high service level.”
“It is easy to get access to the partners, and the lawyers are very service-minded and fast.”
“They are experts within this field. They take a pragmatic view and understand the business of large Nordic and European banks, so they can provide on-point advice on very complex legal matters at very short notice.”
“The lawyers have a good knowledge and understanding of matters related to banking law and can add value by providing advice on such matters.”
"The lawyers have a good knowledge and understanding of matters related to banking law and can add value by providing advice on such matters."
"They are experts within this field. They take a pragmatic view and understand the business of large Nordic and European banks, so they can provide on-point advice on very complex legal matters at very short notice."
"It is easy to get access to the partners, and the lawyers are very service-minded and fast."
"Hannes Snellman is one of the few firms able to handle highly complex matters. The lawyers are very easy to approach and provide a high service level."
"The team has hands-on experience advising both borrowers and lenders across small to large-cap deals."
"Henrik Mattson is a trailblazer in the Finnish finance market." "He is a very experienced lawyer, and also one of the very few Finnish lawyers who is knowledgeable in complex banking and regulatory law matters."
"He is pleasant to deal with and knows how to manage complicated situations well." "Markus Bremer is very pragmatic and solution-oriented."
"He is a service-minded and enthusiastic lawyer." "Antti is very helpful and supportive, trying to proactively provide solutions to his clients." "Antti Nyberg knows what is important for the client and delivers as agreed." "He has a very high service level and is always ready with back-up plans for all situations."
"Hannes Snellman lawyers are positive, service-oriented, connected, knowledgeable and pleasant to work with."
"The lawyers are very thorough in their own analysis before delivering services and advice to us. They really go into detail."
Banking and finance
"Constructive team with good knowledge of the local market."
Financial services regulatory
"They are very knowledgeable on the legal topics relevant to us (also difficult ones) and very service-minded and reachable."
Leveraged finance
"Solid delivery, good staffing, realistic fee quotes."
"Quality delivery, quick turn-around times and pleasant to work with."
"Markus Bremer: Seasoned, safe pair of hands, commercial, knows both the big and small picture."
"The team has a lot of in-depth knowledge on relevant regulatory and legal matters."
"They are very quick to respond, very organised and reliable."
"Elisa Viiri: Dedicated with strong attention to detail."
"Large team with good resourcing available. Friendly, straight forward demeanour, helpful attitude."
"Antti Nyberg particularly had good knowledge of the market and other parties involved in the transaction."
"They have good partner engagement and skillful seniors. Also their team size gives lots of flexibility."
"They are technically solid and well organised."
"The team are always incredibly quick to respond, extremely knowledgeable and reliable."
"Always available. Always on top in terms of knowledge about the market and the specific topics I have questions about."
"Proactive and fact-based legal support."
"Professional, agile and great market knowledge."
"Legal team is good mix of experience and energy. The experienced persons have been involved in several unique and innovative financial transactions."
"Strong and knowledgeable team. Structured process throughout the project with swift turn-around times and clear communication."
"Extremely methodical, transaction deliverables were delivered timely and in pristine order. Were able to provide useful advice in areas outside the initial foreseen scope quickly."
"Matias Moberg was very much on top of matters and was able to adapt and propose new solutions as the transaction progressed. Also very present in contract negotiations."
"We have been impressed by the team’s quality control. We have always received top-notch work from them very consistently."
"Very good resourcing of teams compared to peers, with appropriate seniority to perform tasks. Top-notch partner availability and attention."
'The up-and-coming Antti Alanko advises borrowers and lenders on a range of transactions, with particular experience in acquisition finance mandates. One source describes him as "very hard-working and knowledgeable," while another client says "He is a very capable finance lawyer who provides good commercial recommendations."'
'Henrik Mattson has extensive experience advising banks on EMTN programmes. Clients say: "He is a smart individual who has a very pragmatic approach and does not overcomplicate things."'
'Markus Bremer demonstrates market-leading expertise in a whole host of banking and finance mandates. One client enthuses that "he is really one of the best in Finland," lauding his strategic advice. Another interviewee states: "He is a brilliant negotiator and is also very efficient and focuses on the issues of importance."'
"They are pragmatic and business-oriented and make the transactional work very easy for the client."
"Markus Bremer has a commercial approach, he is pragmatic and understands the client’s needs."
"Very pragmatic and solution oriented team. Antti Alanko has been able to support us with solid legal advice that is combined with good understanding of the situation, deal dynamics and common sense. The team has always been able to provide timely advice and delivery of required documentation and comments. I feel that especially the combination of strong legal expertise & experience combined with common sense & pragmatic approach sets them apart from an average team."
‘Well rounded, sound advice, keeps things together, excellent project and client management.’
‘Coherent team, easy to deal with, listens well and quick to understand – good focus and good over all management.’
Bank lending : Borrower side
"Highly professional impact on our negotiations with banks, good service and very friendly and open-minded attitude."
"Hands-on approach with good support for banks involved."
"HS has in both projects been very responsive and timely in their responses. They have a pragmatic approach to legal issues where we can trust that they give us advice that works in practice."
"Large and competent team, ability to assist under Finnish law, hard-working."
"Good quality, strong knowledge and experience."
'The up-and-coming Antti Alanko enters the rankings due to increased market visibility. He is particularly active advising lenders on acquisition finance in the real estate sector.'
'Senior statesperson Henrik Mattson has extensive experience advising on cross-border secured and unsecured bonds and GMTN programmes.'
'A source describes Markus Bremer as "an excellent finance lawyer and one of the go-to in finance," while another adds that he is "the best in working out challenging cases." Bremer advises on a broad range of finance matters, including acquisition and project finance, as well as bond issuance.'
‘The team is experienced and professional. Not all teams have the hands on experience of financial law and it’s development.’
‘They always stick with the timetable and provide top services.‘
‘Having used all major firms, I rank the team among the best in Finland. They come through in all aspects of banking & finance deals.‘
'Clients highlight the "quality of the work"as a particular strength, adding that "they have experienced people who can help you and cover all the major practice areas."'
'Sources deem the firm to be "one of the leading firms in Finland."'
'Senior statesperson Henrik Mattson boasts extensive experience in the banking and finance area...Sources endorse his technical skills and appreciate his ability "to find sensible solutions."'
'Markus Bremer is described by clients as "extremely solution- and business-oriented," and they appreciate his "strategic advice."'
'Fredrik Olsson...Clients say: "He is very well established and well respected in the market."'
'Paula Röttorp...Clients describe her as "extremely smart and creative."'
"Great firm to work with, very responsive lawyers and great expertise on relevant matters."
"Hannes Snellman, which 'takes care of legal matters in a professional, careful and diplomatic way".
'One client describes the team as "highly skilled and motivated," noting the lawyers' "long experience" in this area.'
'Another client enthuses that they "feel in good hands" with Hannes Snellman.'
'Partner Markus Bremer maintains his strong reputation…Sources describe him as "phenomenal" and "very responsive."'
'Partner Henrik Mattson is held in high regard for his expertise…Clients laud his "deep knowledge of legal issues."'
'With an understanding of the "business side of transactions, as well as market trends and standards", the practice at Hannes Snellman is "exceptional value for money"'.
'Sources enthuse that "the team is dynamic and focuses on the material issues, with an aim to get the deal done rather than finding problems."'
'Another client commends the lawyers' "solid performance - and quick, accessible advice."'
'Markus Bremer...has a strong reputation. Sources say he is "highly intelligent, extremely service-minded and business-oriented," adding that "he always takes good care of the customer and finds solutions in difficult situations."'
'Henrik Mattson advises a wide range of financial institutions on acquisition finance, real estate finance and project finance issues...Sources praise his "solid performance," adding: "He is quickly accessible and provides professional advice in a swift manner."'
'Hannes Snellman has "a high level of business orientation."'
'"Pragmatic" practice head Markus Bremer "goes the extra mile" and Henrik Mattson is an "expert that combines excellent skills with exceptional working capacity."'
'The team is described by clients as "very professional, solution-oriented and hard-working" and is praised for its ability to handle complex mandates: "They are able and willing to take independent lead of the projects and drive them successfully under time pressure."
'The lawyers within the practice are hailed for being "easy to deal with and commercially minded."'
'Esteemed head of department Henrik Mattson offers expertise in all kinds of banking issues...Sources describe him as "very pragmatic and experienced."'
'Markus Bremer receives strong feedback from a wide range of sources, who describe him as a "very talented and effective lawyer and very customer-oriented." Others highlight his "ability to be calm in very difficult situations."'
'Sources appreciate the team's approach, stating that the "team always delivers timely, high-quality advice."'
'The team is described as “one of the leading firms in the area in Finland” by a senior figure in the banking sector and others are quick to praise the qualities of the team.
'“Their team, notably Markus Bremer…very skilful and client oriented.”'
'Excellent reputation within banking and finance, advising on both domestic and international matters. Represents both lenders and borrowers in a wide variety of transactional mandates, as well as financial restructurings. Also noted for its lawyers' regulatory expertise.'
'"The team was professional and solution-oriented, had good knowledge of market practices and also had a problem-solving attitude."'
'Markus Bremer advises on all transaction types, including bank lending, security structuring, acquisition financing and project finance. In the words of one client, "he's a really good guy - one of my favourite people to work with."'
'Assists clients with the full range of banking and finance mandates including regulatory matters. Recognised for its experience in asset and infrastructure project financing as well as leasing mandates. Recently increased activity in real estate transaction financing.'
'Clients say that "There is a seamless co-operation between the different teams which is very efficient."'
'Clients appreciate that Paula Röttorp "has a focus on the details but also a good level of general knowledge," describing her as "diligent and co-operative." She has experience across a wide range of areas, from regulatory compliance to real estate finance.'
'Hannes Snellman ‘knows the market’'
'Hannes Snellman’s ten-lawyer team is especially strong in LBOs, infrastructure and asset financing, real estate finance and IPOs.'
'"The quality of the work has been good," says one senior in-house banking counsel. "The firm is keen to find a solution and produce real value for the customer." Another in-house counsel says of the team: "Good, consistent quality and quick responses. They are pleasant to work with in general."'
‘Clients say that "the advice we get is pragmatic, business-oriented, high-quality and always on time". Department head Henrik Mattson is widely regarded as one of the finest practitioners in the market. Sources enthuse that "his experience clearly adds value," and that "he has inside knowledge of the market and is great in negotiations."'
'Clients report that Markus Bremer "is calm and analytical. He pinpoints the critical issues and looks immediately to find solutions". Jari Tukiainen wins particular acclaim from peers for his regulatory expertise.'
'Recommended by clients and peers alike, Paula Röttorp is regarded as an "extremely skilled" lawyer. She is further described as "very technical and pragmatic."'
‘Hannes Snellman’s team ‘clearly knows what is happening in the financing market’, and works closely with firm’s Stockholm office to advise on cross-border work...and practice head Henrik Mattson is ‘spot on with the details’.’