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Waselius & Wist advised Santander Consumer Finance Oy
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
Lawyers involved:
Public takeover bid for Nets A/S
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)
Lawyers involved
Financing of the acquisition of ADB Safegate by Carlyle
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.
Lawyers involved
Joint venture between Firesteel Resources Inc. and Nordic Mines AB
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.
Lawyers involved
Financing of Ovako
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.
Lawyers involved
Financing of My Lender
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
Lawyers involved
Financing of Venator
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.
Lawyers involved
Offering of EUR 2 billion guaranteed notes by Wereldhave
Waselius & Wist advised J.P. Morgan Securities plc as the Arranger and the Dealers in the Finnish law aspects of the establishment of a EUR 2,000,000,000 Guaranteed Euro Medium Term Note Programme by Wereldhave N.V.. Wereldhave is a Dutch real estate investment company that invests in convenience shopping centres, including one of the largest shopping centres in Finland.
Lawyers involved
Refinancing of Nomad Foods by Offering of Senior Secured Notes and Senior Credit Facilities
Waselius & Wist advised the initial purchasers on the Finnish aspects of the issuance of EUR 400 million 3.250% senior notes due by 2024 by Nomad Foods Limited (NYSE: NOMD). Waselius & Wist also advised the arrangers on the Finnish aspects of the refinancing of Nomad Foods’ senior credit facilities with EUR 500 million and USD 610 million senior term loans.
Nomad Foods is a leading frozen foods company that produces, markets and distributes brands in 17 countries and has the leading market share in Western Europe. The Company’s portfolio of leading frozen food brands includes Birds Eye, Iglo, and Findus.
Value: EUR 900 million and USD 610 million
Lawyers involved
Delivery security arrangements for Gardner Denver
Waselius & Wist represented Gardner Denver in delivery security arrangements between Gardner Denver Oy, certain customers and a Finnish listed casting solutions provider.
Value undisclosed.
Lawyers involved
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