Europe

Finland

Banking & Finance


Banking & Finance - Finland

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第一等 |

Basic facts about the department
- 5 partners
- 12 other qualified lawyers

What the team is known for Highly regarded team active working with the major banks and financial institutions in the Nordic region, particularly on bond transactions and financing mandates with real estate elements. Also provides notable expertise in Russia-related financing cases, thanks to expanding presence in Moscow and St Petersburg.

Strengths (Quotes mainly from clients)
"This firm has a very commercial approach, understands what the client is trying to do and is practical in finding solutions."

Work highlights Advised major property investor Sponda on the negotiation of a loan facility with several Nordic banks to establish a new real estate fund, Sponda Fund III, with an initial investment portfolio of around EUR90 million and a target size of EUR170 million.

Notable practitioners 

Department head Tero Tuomisto is recognised by interviewees as this firm's most experienced and established figure, and amongst the most prominent lawyers in the field. He has recently been particularly active in the domestic bond market, advising Finnair on its issue of a EUR120 million hybrid bond.

Pekka Lehtinen works on a broad range of matters covering areas such as syndicated lending, acquisition finance and securities offerings. Lately, he assisted Santander with various financing aspects of a substantial transaction concerning a multi-sourced export credit financing granted to Eldorado Brasil Celulose. 

Sakari Lukinmaa has a wide-ranging banking and finance practice, although his work of late has focused on a number of significant financial restructuring matters, such as assisting Pohjola Bank and HSH Nordbank with the EUR50 million refinancing and restructuring of Nordic steel foundry Keycast. 

New entrant to the rankings Mikko Heinonen is this team's rising star, and is highly active in Finnish banking and finance cases. His numerous recent case highlights include high-profile restructuring, export credit financing and mezzanine financing matters.

Significant clients DNB, Metsä Group, Pohjola Bank, SEB, Nordea. 

第一等 |

What the team is known for A substantial presence in domestic and international financing matters, fostering close connections with high-profile Nordic financial players. Acts for both lenders and borrowers on many large-scale, complex transactions, as well as assisting clients with the regulatory aspects of major financing cases.

Strengths (Quotes mainly from clients)
"I only have positive things to say - the team is proactive, constructive, and knows our business very well."

Work highlights Assisted Ramirent with the issue of a EUR100 million fixed-rate unsecured bond.

Notable practitioners

Department head and market leader Henrik Mattson remains an established presence in the most complex and high-value financing cases, both domestically and internationally. His strength with the region's banks was demonstrated recently when acting as lead adviser to Nordea on its issue of EUR1.25 billion seven-year covered bonds.

Markus Bremer is acknowledged by sources as an active and knowledgeable figure in the field. Interviewees state: "He is pragmatic and aware of many areas of law so it is good to negotiate and discuss matters with him - he tries to find a solution." Recently Bremer worked with Pohjola Bank on the refinancing of Tornator's existing credit facilities with a new syndicated loan facility and secured bond, a matter valued at EUR500 million.

Matti Engelberg has been active in domestic financing of late, advising clients such as Valmet Automotive on a EUR63 million project finance facility. His previous experience as leading in-house counsel at a Nordic bank helped to bolster his expertise in the regional finance market.

Maria Lassenius's reputation has grown in stature this year. Clients appreciate that "she can easily switch from a legal angle to a commercial angle, and she is great at using the firm's internal network if there is an area of law that she can't cover." Lately, she has worked alongside the firm's Swedish partners on a number of cross-border financing cases, such as advising German bank Helaba on the financing behind the extension of an office portfolio in Finland by Swedish property investor Niam.

Jari Tukiainen is recognised for his strength in the regulatory aspects of financing and capital markets cases. He was part of the team assisting Atria with a EUR50 million fixed-rate unsecured bond transaction.

Significant clients Aareal Bank, Deutsche Pfandbriefbank, Finnish State Treasury, Inmet Mining, Pohjola Bank. 

Band 1 | Roschier

第一等 |

Basic facts about the department
- 2 partners
- 8 other qualified lawyers

What the team is known for Highly regarded for its work on diverse, sophisticated banking and finance cases, usually with international elements. Active working with the major Nordic banks, as well as advising large-scale industrial and private equity clients on matters such as complex refinancing, project financing and MBO cases.

Strengths (Quotes mainly from clients)
"The client service is good - we have clear points of contact at the firm who provide quick responses when we need them."

What's new? Helena Viita was promoted to partner, increasing her prominence with the firm's high-profile banking and finance clients.

Work highlights Advised domestic client Tornator on the issue of 3.125% EUR250 million senior secured bonds due in 2019, as part of the wider refinancing of the major Finnish forest owner.

Notable practitioners 

Gunnar Westerlund maintains his position at the pinnacle of the market, advising large-scale clients such as banks SEB and Nordea as the lenders behind the project financing for the Tuuliwatti wind park project. Clients regard him as a lawyer who is "very experienced, solution-oriented and extremely good at seeing the big picture."

Recently made partner Helena Viita is an increasingly established presence in the banking and finance arena. Clients value her as a lawyer who is "always responsive, quick and practical in her advice." She was recently part of the team that advised Estonian meat processing company Maag Lihatööstus on the financing aspects of its acquisition of Sponfood from Sponsor Capital.

Kaisa Kallio has increased her visibility in the market. In a key mandate she was part of the team assisting Cordea Savills with the financing of a EUR60 million real estate acquisition in Helsinki’s Central Business District from Nordea Life Assurance Finland.

Significant clients Nordea, Pohjola Bank, Nordic Capital, CapMan Group, Triton Partners. 

第二等 |

Basic facts about the department
- 2 partners
- 5 other qualified lawyers

What the team is known for Acts for banking institutions on large-scale mandates such as LBOs, acquisition financing and corporate financing matters. Well positioned to advise Finnish and regional clients active in the Russian market, thanks to its recently established St Petersburg office.

Work highlights Advised Nordea and other parties in connection with a EUR440 million senior facilities agreement for the refinancing of Tallink Group, a multi-jurisdictional case with aspects involving Finland, Estonia, Latvia, England and Cyprus.

Notable practitioners 

Clients are effusive in their praise of Andrei Aganimov, with sources extolling his many virtues: "He is pragmatic - he tries to find solutions instead of just letting us know about the problems." "He tries to get the big picture right and not to be too picky on irrelevant issues. He is a top-notch partner." Aganimov is appreciated for his in-depth knowledge of the Nordic financial system, having previously worked as in-house counsel for a major regional bank.

Ari Kaarakainen is noted for his expertise in the financing aspects of M&A and corporate transactions. He is particularly popular with international clients.

Significant clients Handelsbanken, Danske Bank, SEB, Pohjola Bank, Nordea. 

Band 2 | Krogerus

第二等 |

Basic facts about the department
- 5 partners
- 15 other qualified lawyers

What the team is known for Best known for representing major industrial clients and investors in the domestic market, notably in project financing for sizeable energy developments, and substantial real estate transactions.

Work highlights Advised major healthcare provider Pihlajalinna on the acquisition financing behind its purchase of private healthcare provider Dextra.

Notable practitioners

Practice head Päivi Toivari is widely regarded as one of the most active and respected lawyers in the field. She has recently acted on a variety of high-profile financing cases, such as advising a consortium of major regional banks as the arrangers on the refinancing of retail developer Citycon's EUR360 million credit facilities.

Kimmo Mettälä has a strong presence in cross-border financing cases, thanks to his strong relationships with the firm's foreign clients and his impressive international experience. Case highlights include advising the junior creditors on the acquisition financing and related intercreditor arrangement for the sale of medical products manufacturer Merivaara. He is a strong choice for mandates involving the US, having previously worked in New York.

Juha Wessman assisted Aalto University Properties with a EUR40 million loan facility granted by the Nordic Investment Bank for the financing of the construction and renovation of university buildings.

Significant clients Pohjola Bank, Handelsbanken, Crédit Agricole Corporate & Investment Bank, Nordea, SEB. 

Band 2 | White & Case

第二等 |

Basic facts about the department
- 2 partners
- 20 other qualified lawyers

What the team is known for International giant which acts on sizeable, multi-jurisdictional financing matters across the domestic, Nordic and global markets. Noted for particular expertise in bond issuances and other capital markets-related financing matters. 

Work highlights Assisted major Finnish mining company Talvivaara with its turnaround financing package, including the renegotiation of its EUR100 million revolving credit facility with a syndicate of major Nordic banks as the lenders.

Notable practitioners

Tanja Törnkvist draws extensive praise from a wide range of sources. Clients state: "She is a great lawyer - she is super meticulous and very structured, thinks ahead, and works independently. If there is a question that really needs attention she will give you her recommendation and the alternatives." A key highlight was assisting Nordea with the EUR80 million refinancing of real estate investor Suomen Osatontti, a complex matter involving a traditional bank loan and secured bond financing.

Timo Airisto is appreciated as a senior and knowledgeable lawyer in this field. He has significant experience of acting for clients across a variety of sectors and industries, such as biotechnology, pharmaceuticals and telecommunications.

Significant clients Talvivaara Mining, Stora Enso, EQT Partners, Nordea, SEB, HSH Nordbank. 

第三等 |

Basic facts about the department
- 4 partners

What the team is known for Active on a broad spectrum of finance cases for prominent companies in Finnish industry, including major project financing mandates in the energy and mining sectors. Also noted for working on a wide range of complex banking and finance cases with significant cross-border elements.

Strengths (Quotes mainly from clients)
"This firm provides an excellent service - the lawyers are very easy to deal with, and can easily handle the international aspects of a case."

Work highlights Advised German real estate investor Hansainvest on the financing of its EUR56.5 million acquisition of the Triotto Business Park in Helsinki, from YIT Construction.

Notable practitioners

Esteemed figure Kari Lautjärvi brings decades of experience in the field to advise clients across a range of sectors.

Department head Juha-Pekka Mutanen is widely respected in the financing market. He has recently acted on a number of financing cases involving Finnish industrial players, such as advising a consortium of lenders, including BNP Paribas and Standard Bank, on structuring issues relating to the USD250 million project financing of the Kevitsa nickel mine in northern Finland.

Robin Nordblad continues to rise in prominence in banking and finance circles, and is cited as being "prompt, reactive and proactive" by clients. He is particularly appreciated for the multilingual skills and international experience that he brings to cross-border finance cases, which include advising Findus on the Finnish aspects of the GBP220 million refinancing of its senior and mezzanine debt facilities.

Significant clients Fonecta, Linde, BNP Paribas, Hansainvest, Russian Railways, Ratos. 

第三等 |

Basic facts about the department
- 4 partners
- 8 other qualified lawyers

What the team is known for Largely focused on cross-border finance work, advising international financial clients such as banks, investment funds and insurance companies on a range of cases including syndicated loan facilities, acquisition financing and structured finance matters.

Strengths (Quotes mainly from clients)
"These lawyers are easy to deal with, provide quick and focused responses, and are to the point in their advice."

What's new Timo Lehtimäki was promoted to partner, demonstrating the firm's growth in the area.

Work highlights Represented the mandated lead arrangers and underwriters SEB, ING and Nordea in the EUR600 million refinancing of Sanoma's revolving credit facilities.

Notable practitioners 

Practice head Lauri Peltola is the firm's most prominent figure in banking and finance. In a key instruction, he advised Australian client First State Investments on the financing aspects of its acquisition of Digita.

Tarja Wist is an active presence in the finance market, noted primarily for her knowledge of capital markets and regulatory matters. Recent work highlights include assisting Banco Santander and Santander Consumer Finance with a major auto loan securitisation.

New entrant to the rankings Timo Lehtimäki is increasingly visible in the banking and finance sphere. He has recently acted on a variety of international matters, such as advising Icelandic asset management company ALMC on the refinancing of a ISK35 billion secured bond issued to Íslandsbanki with a new euro-denominated secured loan facility valued at EUR224 million.

Significant clients JPMorgan, Société Générale, Barclays Capital, Merrill Lynch, Citi, Santander. 

第四等 |

Basic facts about the department
- 3 partners
- 2 other qualified lawyers

What the team is known for New entrant to the rankings this year, thanks to an increased presence in the Finnish banking and finance market alongside prominence in high-end M&A. Offers sector-specific experience in areas as broad as energy, pharmaceuticals and media, across domestic and cross-border financings. Also strong in regulatory issues.

Strengths (Quotes mainly from clients)
"The advice given by this team is very dedicated and commercially oriented."

What's new? Selinda Näse recently joined the team as a partner, bringing extensive experience of the Finnish and international banking and finance markets to bolster the practice's reputation.

Work highlights Advised Nordea on a secured project finance transaction concerning the construction of a Finnish wind park by TuuliMuukko.

Notable practitioners  

Selinda Näse recently joined the firm from Roschier. She is widely respected for combining international professional experience with strong knowledge of the domestic financing market.

Sari Wallgren enters the rankings having made a sizeable impact on the market. Clients state that "she is very thorough and goes into the detail, and finds inventive solutions." In a key instruction she advised Nordea on a secured project finance transaction relating to the construction of a wind park by TuuliMuukko. 

Significant clients Terveystalo, Danske Bank, Swedbank, CapMan, Nordea. 

第四等 |

Basic facts about the department
- 6 partners
- 12 other qualified lawyers

What the team is known for Provides banking and finance advice on mid-market transactions to a predominantly domestic client base across various sectors, such as healthcare, real estate and insurance.

Strengths (Quotes mainly from clients)
"I was happy with the lawyers' work - they were extremely flexible in working to what was quite a tight time schedule."

Notable practitioners 

Tommi Elo is this firm's most recognised individual for banking and finance work, advising on a range of cases. He also has significant knowledge of regulatory matters.

Significant clients Aberdeen Property Funds, Citibank, Suominen Corporation, Etera Mutual Pension Insurance, Glaston. 

第四等 |

Basic facts about the department
- 4 partners
- 6 other qualified lawyers

What the team is known for Advises international clients on their financing concerns in the Finnish market. Noted for recent prominence in export credit matters.

Strengths (Quotes mainly from clients)
"The lawyers were responsive and communicated well - if I requested anything with a tight deadline, they would provide it."

What's new? New clients include major international financial players such as Bank of Tokyo-Mitsubishi UFJ and Crédit Agricole Corporate & Investment Bank.

Work highlights Acted for Finnvera and Finnish Export Credit on the financing of a EUR369 million ship credit for TUI Cruises.

Notable practitioners

Janne Tuulos is appreciated for his long experience in banking and finance, with particular expertise in export credit cases. Recent highlights include advising HSBC on two major export credit facilities for Gazprombank.

Antti Niemi remains a respected presence. He has notable expertise in cross-border structured finance and financial restructuring matters.

Significant clients BNP Paribas, Finnish Export Credit, Finnvera, HSBC, Citibank, RBS. 

Other Ranked Lawyers 其他上榜律师

Mika Lehtimäki of Attorneys-at-Law Trust offers clients specialised advice on the financing aspects of high-value mandates across private equity, venture capital and complex technology and IP transactions.  

Mikko Luukkonen is a well-regarded member of Bird & Bird's banking and finance team, and continues to be seen as one of the Finnish market's rising stars. He is noted for his expertise in real estate-related finance matters.

Foreign Experts

Foreign Experts are individuals with expertise in a different jurisdiction to the one they are based in. These individuals are particularly highly regarded for international and cross-border work. Usually, they will be identified in the jurisdiction in which they are based and in their country of expertise.

Senior Statesman

A 'Senior Statesman' is a lawyer who no longer works hands-on with the same intensity but who, by virtue of close links with major clients, remains pivotal to the firm’s success.

Eminent Practitioners

'Eminent Practitioners' are highly influential lawyers in a particular practice area who, due to managerial or client relationship commitments, are less active in day-to-day work but remain key players in the team.

Other Noted Practitioners

Other Noted Practitioners are individuals who have not yet been ranked but are seen to be active and accomplished in this area of law.

Other Noted Firms

Other Noted Firms are firms that have not yet been ranked but are seen to be active and accomplished in this area of law.