News

Our latest news and deals.

Recent Deals / 07.10.2019

Refinancing of CABB Chemicals with EUR 640 million Senior Secured and Unsecured Notes offering

Waselius & Wist represented the Issuers, Monitchem Holdco 2 S.A. and Monitchem Holdco 3 S.A., in the Finnish law aspects of the issuance of EUR 490 million senior secured notes and EUR 150 million senior unsecured notes and super senior revolving credit facility. CABB is a global fine chemicals company producing precursors, intermediates and active ingredients for agrochemicals, specialty chemicals, and the pharmaceutical industry. CABB has major industrial assets in Finland.

Value: 640,000,000

Lawyers involved:

Lauri Peltola
Senior Counsel
Maria Lehtimäki
Associate
Essi Hietaoja
Associate
Recent Deals / 17.09.2019

Lease of aircraft engines

Waselius & Wist advised the Lessor in connection with the lease of two General Electric CF6 model high-bypass turbofan engines to Finnair.

Lawyers involved:

Recent Deals / 23.07.2019

Financing of the acquisition of Elenia Heat

Waselius & Wist represented the Mandated Lead Arrangers in the Finnish law aspects of the financing of the acquisition of Elenia Lämpö Oy by a consortium formed by Aberdeen Standard Investments, DIF and Local Pensions Partnership Investments Ltd, LPPI.

Elenia Lämpö Oy produces district heating and distributes district heating, and is the owner and operator of 16 local district heating networks across Finland with a total network length of almost 500 km serving 85,000 end-users.

Lawyers involved:

Timo Lehtimäki
Partner
Niko Markkanen
Associate
Essi Hietaoja
Associate
Recent Deals / 31.05.2019

Refinancing of Technopolis

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

Lawyers involved:

Lauri Peltola
Senior Counsel
Maria Lehtimäki
Associate
Henri Kaskimo
Associate
Essi Hietaoja
Associate
Recent Deals / 03.01.2019

Sale and leaseback of Airbus A350

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.

Lawyers involved:

Ann-Marie Eklund
Associate (Maternity Leave)
Recent Deals / 04.12.2018

Advised Santander Consumer Finance Oy in an auto-loan securitization transaction

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:

Niklas Thibblin
Managing Partner
Ann-Marie Eklund
Associate (Maternity Leave)
Recent Deals / 13.06.2018

Acquisition of Solita by Apax

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.

Lawyers involved

Recent Deals / 28.03.2018

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

Ann-Marie Eklund
Associate (Maternity Leave)
Recent Deals / 20.12.2017

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

Timo Lehtimäki
Partner
Ann-Marie Eklund
Associate (Maternity Leave)
Recent Deals / 18.12.2017

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

Maria Lehtimäki
Associate
Henri Kaskimo
Associate
Ann-Marie Eklund
Associate (Maternity Leave)
Tuurna