DEPARTMENT PROFILE

Avance Attorneys

Banking & Finance

2 ranked lawyersBand 3FinlandEurope 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Skilled banking and finance team with notable presence in real estate finance transactions. Handles loan financing and note issuance in the energy sector. Additionally assists with refinancing, syndicated and bilateral financing mandates.

Strengths

Clients highlight that the firm's "strength is a thorough understanding of real estate finance."

Clients also admire the team for its "very focused and thorough work approach."

Work highlights

Advised Fingrid on a 20-year EUR100 million term loan financing made available by Nordic Investment Bank.

Notable practitioners

Market sources highlight that Sari Wallgren is "very calm and solution-oriented," adding that "it is very pleasant to work with her." She acts on a range of finance mandates, including note issuance, syndicated and bilateral finance arrangements and acquisition finance.

Selinda Näse is appreciated by clients for being "very focused with a great ability to manage complex transactions." They further highlight her "honesty about capacities that can be made available to support us to achieve the best result." She frequently acts for clients in the real estate and technology sectors on acquisition financings.

Department Information

This content is provided by Avance Attorneys.

Overview

Avance advises clients in banking and finance transactions, including syndicated and bilateral loans, acquisition, real estate, structured and  project financing arrangements, as well as securitisations and restructurings. We act on behalf of lenders and borrowers at the senior,  mezzanine, and subordinated levels. Our team also provides counsel relating to banking and financial regulatory matters.


Avance has recently been engaged in many innovative and interesting Banking & Finance transactions in the Finnish and Nordic markets, covering a wide range of industries:

  • Advised OP Corporate Bank in financing arrangements relating to Cibus Nordic Real Estate AB’s (publ) acquisition of a real estate portfolio of 7 assets in Finland for EUR 102m​
  • Advised Loimua Oy (formerly known as Elenia Lämpö Oy) in refinancing of its acquisition debt facilities 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
  • Advised Elenia in connection with EUR 100 million loan from the European Investment Bank
  • Advised Skandinaviska Enskilda Banken AB (publ) in relation to financing arrangements for Outokummun Energia Oy in connection with the purchase by Aberdeen Standard Investments of a majority stake in the company from the City of Outokumpu

Members

Baya, Donya

Näse, Selinda

Nordblad, Robin

Paavolainen, Essi

Seppä, Essi

Skult, Staffan

Sorsimo, Maria

Suominen, Salla

Clients

AB Sagax (publ)

Adelis Equity Partners

Ahlström Capital Oy and A. Ahlström Kiinteistöt Oy

Altor

Ardian Infrastructure

Areim AB

Brunswick Real Estate

Canatu

DataCenter Group Oy

Elenia Oy

Fingrid Oyj

Föreningen Konstsamfundet

Fortaco Group Oy and CapMan Plc

HYY Kiinteistötalous (Ylva)

Loimua

Mimir Invest AB

OP Corporate Bank Plc

Quattro Mikenti Group (QMG)

Regenero

Rettig Group Ltd

Sirius Capital Partners

Skandinaviska Enskilda Banken AB (publ)

Summa Equity

Tradeka

Industries

Energy and Infrastructure

Games and Entertainment

Healthcare

Investment Funds

Life Sciences

Media and Communications

Policy and Regulation

Private Equity

Real Estate and Construction

Technology and Innovations

Venture Capital

Banking & Finance Department

Avance Attorneys

firm
Department location

Mannerheimintie 20 A

7/F

Helsinki

Uusimaa

Finland

00100

View Firm Profile

Articles, Highlights and Press Releases

Total 3 Articles, Highlights and Press Releases

Highlight

Alma Media acquires Nettix for EUR 170 million

Authors: Mikko Alkio, Sari Wallgren, Carl-Henrik Wallin, Topi Siniketo, Henrik Aro, Sonja Heiskala, Essi Paavolainen, Katja Jaakkola, Sebastian Kellas, Janina Järvi

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Finland

Banking & Finance


Sari Wallgren
Band 2
Selinda Näse
Band 3