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Waselius & Wist advised the mezzanine lender on the Finnish aspects of the refinancing of Technopolis Plc and certain of its group companies in Finland, Norway, Sweden and Lithuania by euro, Norwegian krone and Swedish krona denominated senior secured facilities and mezzanine secured facilities for approximately EUR 930 million in total.
Technopolis is a shared workspace expert. Technopolis’ 17 campuses host 1,600 companies with 50,000 employees in seven countries within the Nordic and Baltic Sea region.
Value: EUR 930 million
Waselius & Wist advised BBAM Aircraft Management LP in connection with the sale and leaseback of an Airbus A350 Aircraft between Finnair and Nomura Babcock Brown Co. Ltd.
Waselius & Wist successfully advised Santander Consumer Finance Oy in the 7th securitisation of auto loan hire purchase contracts originated by Santander Consumer Finance Oy. Santander Consumer Finance Oy is a Finnish finance company and a market leader in auto financing and a member of the Santander Consumer Finance- and Santander -groups.
Value: EUR 665.3 million
Waselius & Wist represented Apax Partners in the Finnish law aspects of the acquisition of a majority stake in the leading Finnish digital transformation company, Solita, from Vaaka Partners, including the financing arrangements and merger control proceedings relating to the acquisition. The acquisition was carried out by Apax Digital Fund, a growth equity fund advised by global private equity advisory firm Apax Partners. Apax Digital Fund specialises in growth equity and buyout investments in high-growth enterprise software, internet, and technology-enabled services companies worldwide. Solita is a digital transformation company driven by data and human insight. The company provides a range of services, including strategic consulting, service design, artificial intelligence, analytics and managed cloud services to its fast-growing international client roster. Solita employs more than 650 digital specialists across Finland, Sweden and Estonia.
Waselius & Wist represented Hellman & Friedman LLC in the Finnish law aspects of the public takeover bid for Nets A/S and the related financing.
Nets A/S is a payments processor headquartered in Copenhagen who owns the shares in the Finnish regulated payment institutions Nets Oy and Paytrail Oyj.
Value: 33.1 billion Danish crown ($5.3 billion)
Waselius & Wist represented the Mandated Lead Arrangers and the Lenders in the Finnish law aspects of the financing of the acquisition of ADB Safegate by the Carlyle Group. ADB Safegate is a leading provider of intelligent solutions that deliver superior airport performance from approach to departure and has more than 900 employees in over 20 countries and serves some 2,500 airports in more than 175 countries.
Waselius & Wist advised Firesteel Resources Inc. (TSX-V: FTR) (“Firesteel”) in entering into a joint venture with Nordic Mines AB, giving Firesteel a controlling stake in Nordic Mines Marknad AB. The joint venture included related financing arrangements where Firesteel received USD 20,6 million in funds under a Prepaid Forward Gold Purchase Agreement with PFL Raahe Holdings LP, an investment vehicle controlled by Pandion Mine Finance, LP.
Firesteel will operate the Laiva gold mine in Finland which is estimated to hold one of the largest gold deposits in the Nordic region.
Waselius & Wist represented Ovako AB (publ), a Triton portfolio company, as the issuer in the Finnish law aspects of the issuance of EUR 310 million Senior Secured Notes due 2022 and the related financing arrangements. Ovako is a leading European producer of engineering steel for customers in the bearing, transportation and manufacturing industries. Ovako is the only Nordic company in its product segment and holds a leading position in the European engineering steel market and in a number of global niches.
Waselius & Wist advised Goldman Sachs International as the arranger in connection with the EUR 50 million facility agreement for My Lender Oy.
My Lender Oy is a Finnish online consumer lender and a portfolio company of JZ International, co-owned by the management team.
Value: EUR 50,000,000
Waselius & Wist represented the joint book-running managers and co-manager as well as certain financial institutions as lenders in the Finnish law aspects of offering of USD 375 million senior notes by Venator and related financing arrangements consisting of senior secured term loan facilities of USD 375 million and revolving ABL facilities of USD 300 million. Venator, a subsidiary of Huntsman Corporation, is a leading global chemical company dedicated to the development and manufacture of titanium dioxide (TiO2) pigments and performance additives.