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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
Offering of 6 1/2% senior notes due 2024 and 6 7/8% senior notes due 2026 by First Quantum Minerals Ltd.
Waselius & Wist represented First Quantum Minerals Ltd in the Finnish law aspects of the offering of $850,000,000 in aggregate principal amount of 6½% senior notes due 2024 and $1,000,000,000 in aggregate principal amount of 67/8% senior notes due 2026.
Value: USD 1.95 billion.
Waselius & Wist represented the arranger, ING Bank N.V., and the other dealers in Fingrid Oyj’s EMTN Debt Issuance Programme of 2018.
Value: EUR 1,500,000,000
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 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.
Waselius & Wist advised the joint lead managers on the Finnish aspects of the issuance of EUR 400 million 1.500% notes due by 2024 by Neste Corporation (HEL: NESTE). The notes are listed on NASDAQ Helsinki.
Neste is a refining and marketing company that creates sustainable choices for the needs of transport, businesses and consumers and has operations in 18 countries. In 2016, Neste’s net sales were EUR 11.7 billion.
Value: EUR 400 million
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.
Waselius & Wist advises the initial purchasers on the Finnish aspects of the issuance of EUR 400 million 2.875% senior notes due by 2024 by Nassa Topco AS, subsidiary of Nets A/S (CPH: NETS). Nets is a leading provider of digital payment services operating primarily in the Nordic region. For 2016, Nets reported revenue of DKK 7,385 million and EBITDA b.s.i. of DKK 2,619 million.
Value: EUR 400 million
Offering of 7.250% senior notes due 2023 and 7.500% senior notes due 2025 by First Quantum Minerals Ltd
Waselius & Wist represented First Quantum Minerals Ltd in the Finnish law aspects of the offering of $1,100,000,000 in aggregate principal amount of 7.250% senior notes due 2023 and $1,100,000,000 in aggregate principal amount of 7.500% senior notes due 2025. First Quantum Minerals Ltd is a mining and metals company.
Value: USD 2,2 billion
Waselius & Wist represented the arranger and the dealers as well as certain financial institutions as lenders in the Finnish law aspects of the EUR 1.93 billion refinancing of the Caruna Group. The refinancing consists of, inter alia, senior facilities in the amount of EUR 825 million and borrowings of EUR 1.105 billion derived from a EUR 10 billion multicurrency programme for the issuance of bonds. The Caruna Group’s electricity distribution business is the largest in Finland by share of electricity distributed.