News:

Waselius & Wist represented the Arranger and the Dealers, Barclays Bank, Danske Bank, ING Bank, Nordea Bank and Svenska Handelsbanken in Fingrid Oyj’s EMTN Debt Issuance Programme of 2013 listed on the LSE.

Value: EUR 1,500,000,000

For more information, please contact Mr. Lauri Peltola or Mr. Timo Lehtimäki.

Waselius & Wist represented one of the world’s largest companies in personal care products in the Finnish aspects of its acquisition of the European wide business of its competitor.

Value: in excess of EUR 1,3 billion.

For more information, please contact Mr. Jan Waselius or Ms. Lotta Pohjanpalo.

Waselius & Wist represents First State European Diversified Infrastructure Fund FCP-SIF, the European Infrastructure fund of First State Investments, in its acquisition of Digita Oy, Finland’s leading provider of broadcast tower infrastructure, from TDF Group, and related financing arrangements.

For more information, please contact Mr. Jan Waselius, Mr. Mikko Eerola, Mr. Niklas Thibblin or Mr. Lauri Peltola.

Waselius & Wist represented the Junior Lender in the bankruptcy of 16 commercial real estate companies, so-called “Bronda” portfolio which were acquired by Bronda Properties B.V. in 2007 for a deal value exceeding EUR 300 million. The properties of the bankrupt real estate companies were sold to Niam, a Swedish real estate private equity firm, in July 2012. Most of the properties are located in prime central Helsinki area.

For more information please contact Mr. Lauri Peltola or Mr. Timo Lehtimäki.

We maintain our top rankings in Finland in Chambers Europe and Legal 500’s 2012 editions, the world’s leading directories of the legal profession.

Our team has been recommended in all of our core areas and many of our lawyers, including both partners and associates, have been ranked as leading individuals.

Our clients and peers have commended our work and approach, among other things, as follows:

- “The team is helpful, responds in a timely manner, and communicates well with us”

- “A really high-class firm”

- “It’s responsive and immediately on the case, and its advice is hands-on and efficient”

- “The level of expertise consistently exceeds expectations”

- “The team is always very straight forward and business-minded; we always get prompt answers from it”

- “Have an in-depth knowledge of competition law and vast knowledge of the Finnish market conditions”

 

For more information, please contact any of your usual contacts with us or any of our partners.

Click here for our profile and rankings in:

Chambers and Partners

The Legal500

Waselius & Wist represented Banco Santander and Santander Consumer Finance in the first ever auto loan securitization in Finland.

Total value of the portfolio: EUR 481,957,657

For more information, please contact Ms. Tarja Wist.

Waselius & Wist represented RUSNANO (a Russian state owned nanotechnology investment company) in the investment of 25 million euros in Beneq Oy, a Finnish world-leader in industrial production and laboratory equipment for nano-scale thin films and functional coatings. The investment was a combination of capital injection and share purchase.

For more information, please contact Ms. Tarja Wist.

ALMC hf.

Waselius & Wist represented ALMC hf. (formerly the Icelandic investment bank Straumur-Burdaras) in the Finnish law aspects of its refinancing of the ISK 35 billion secured bond issued by ALMC to Islandsbanki in April 2009 with a new EUR denominated secured loan facility. The new facility, provided by ALMC‘s shareholders and international financial institutions, is subject to the same security as the Islandsbanki bond.

Value: EUR 224,000,000

For more information please contact Mr. Timo Lehtimäki.

Waselius & Wist represented Pandox, one of Europe’s leading hotel property companies, in the sale of hotel property Scandic Luosto to North Europe Tours Oy.

 For more information, please contact Mr. Niklas Thibblin.

Mikko Eerola has been appointed new managing partner of Waselius & Wist as of 1 January 2012. Mikko will replace Tarja Wist, who has served as Managing Partner since the establishment of the firm in 1997. Tarja continues active client work and as member of the Board. 

Mikko joined Waselius & Wist in 1998 and was appointed partner in 2004. Mikko’s main areas of practice are M&A and EU and competition, in which areas he is ranked among the leading practitioners in Finland.

Mikko will continue to develop the firm as a client-focused, high-quality Finnish business law firm that attracts the best legal talents and takes pride in assisting the most demanding clients.

“I very much look forward to taking up my new role. I am sure that with the help of all of us we continue to develop the firm in what we believe constitutes a key in successfully providing legal services in the years ahead: focusing on quality, professionalism and commitment in whatever we do”, Mikko comments on his appointment. 

Jan Waselius, the senior partner and co-founder of Waselius & Wist is confident: “Mikko has been with our firm nearly from the beginning of its establishment. He has shown strong entrepreneurial skills and is well regarded by clients and his peers. We are all very grateful that he has accepted the role as the firm’s new managing partner and are confident that he will lead the firm in the right direction and that the firm will continue to develop and prosper under his regime. I feel that the management of the firm has been transferred into good and capable new hands”. 

Jan Waselius continues: “I would like to express the firm’s special thanks to Tarja and her tireless and valuable work not only in holding the position of the firm’s managing partner for an exceptionally long time but also in developing and building up the firm’s administrative, management and reporting systems from virtually scratch. The significance of Tarja’s work will benefit the firm for a long time to come and will form an excellent basis for Mikko to take over and to start implementing his views on taking the firm further”.