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Offering of EUR 800 million Senior Secured Notes by Nomad Foods
Waselius & Wist advised the initial purchasers on the Finnish aspects of the issuance of EUR 750 million and tack-on issuance of EUR 50 million senior secured notes due 2028 by Nomad Foods Limited (NYSE: NOMD). Waselius & Wist also advised the arrangers on the Finnish aspects of the related amendment of Nomad Foods’ senior term loan facilities. Read more
Waselius & Wist advised Otso Gold and its subsidiary in the securing of USD 11 million financing from Brunswick Gold
Waselius & Wist advised Otso Gold Corp. (TSX.V:OTSO) and its subsidiary (production company) in the securing of USD 11 million financing from Brunswick Gold Ltd. Brunswick Gold Ltd has agreed to purchase 284,944,440 units at an issuance price equal to $0.05 per unit, for aggregate gross proceeds of US$ 11 million. The financing will fully fund the company to enable it to move forward and return the Laiva gold mine in Finland to production in 2021. Read more
Sale and leaseback of Airbus A350-941 Aircraft
Waselius & Wist advised BBAM Aviation Services Limited as lease servicer and certain other transaction parties in the Finnish law aspects of the sale and leaseback of the Airbus A350-941 Aircraft with Finnair, and related financing arrangements. The Aircraft was leased back to Finnair, the largest airline of Finland, for its operation for the initial period of 12 years. The immediate positive cash effect of the arrangement for Finnair is in excess of 100 million euros. Read more
Advised LocalTapiola Finance in the private securitisation of a portfolio of auto HP contracts
Advised LocalTapiola Finance (LähiTapiola Rahoitus Oy) as the originator in the securitisation of a portfolio of consumer auto HP contracts. The transaction is a private STS securitisation notified to ESMA on 26 October 2020. Read more
Advised Santander in a EUR 650 million STS labelled securitisation of auto portfolio
Waselius & Wist advised Banco Santander as arranger and joint lead manager in the 9th securitisation of auto loan hire purchase contracts originated by Santander Consumer Finance Oy. Read more
Advised EstateGuru in its authorisation as a crowdfunding intermediary
Advised EstateGuru in the entry into the Finnish market and authorisation as a crowdfunding intermediary with the Finnish Financial Supervisory Authority. Read more
Financing of the acquisition of Analyste by OpusCapita
Waselius & Wist represented the lender in the financing arrangements related to the acquisition of Analyste by OpusCapita, a portfolio company of Providence Equity Partners. Read more
Sale and leaseback of Airbus A350 Aircraft
Waselius & Wist advised Nomura, Babcock & Brown as purchaser and lessor and BBAM Aircraft Management as arranger in the Finnish law aspects of the sale and leaseback of an Airbus A350 Aircraft with Finnair. Read more
Venator issues USD 225 million Senior Secured Notes
Waselius & Wist represented the joint book-running managers and initial purchasers in the Finnish law aspects of offering of USD 225 million senior secured notes by Venator and related existing financing arrangements. The net proceeds from the offering are intended to be used to repay borrowings under the ABL facilities and for general corporate purposes. Read more
Refinancing of Loimua
Waselius & Wist represented certain financial institutions in the Finnish law aspects of the refinancing of Loimua Oy (formerly known as Elenia Heat) with bank facilities and private placement debt, resulting in the establishment of a long-term, sustainable common terms platform with seven-year bank debt, as well as 10, 12 and 14-year private placement tranches, alongside a revolving capex facility, and a general corporate purposes revolving credit facility. Read more
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