Firms To Watch: Banking and finance

In 2023, Dottir Attorneys Ltd. saw notable expansion with the addition of practice co-heads Mariella Både-Landell and Niko Johansson; Både-Landell handles project, real estate and acquisition financings, and Johansson excels in DCM transactions.

Banking and finance in Finland

Avance Attorneys Ltd

Noted for its capabilities in complex finance transactions, Avance Attorneys Ltd advises clients on syndicated and bilateral loans, acquisitions, real estate-related issues, structured and project financing arrangements, and securitisations and restructurings. The department works with lenders and borrowers at the senior, mezzanine and subordinated financing levels. Sari Wallgren, who has ‘excellent knowledge and long-standing experience’, leads the team and is adept at the full range of banking and finance transactions. Other key members of the team are Tytti Laajanen, who has vast experience in complex corporate finance transactions and financial regulatory matters, as well as Robin Nordblad and Selinda Näse.

Practice head(s):

Sari Wallgren

Other key lawyers:

Selinda Näse; Henrikki Tahkokallio; Essi Paavolainen; Tytti Laajanen; Janina Järvi; Donya Baya; Robin Nordblad


‘The essential strengths of the team are its flexibility, efficiency and dedication. As a client, we appreciate the stability of the relationship and the long-term relationship built with the team. Due to this advantage, their lawyers understand the client’s financial structure and history very well and it makes the collaboration very easy.’

‘Sari Wallgren has excellent knowledge and long-standing experience in banking and finance transactions. Her knowledge of our business sector and long-term client relationships is very much appreciated. She is diligent and has the process completely under control at all times.’

‘They seek a close relationship with the client in order to understand the needs better. Always very approachable and available.’

‘The team is well versed and has all the required skillsets to process even complex multi-territory banking matters as lead counsel.’

‘Tytti Laajanen is a great industry expert with industry expertise from both sides of the aisle and an excellent touch on client matter management with any financial institution. Essi Paavolainen is a brilliant senior associate, who has a good vision of the needs of the client and an ability to turn it into efficient documentation and the ability to drive the matter to its conclusion.’

‘Sari Wallgren, Henrikki Tahkokallio and senior associates Janina Järvi and Donya Baya are competent but also nice people to deal with.’

Key clients

Elenia Oy

Rettig Group Ltd

CapMan Plc

CapMan Infra

Brunswick Real Estate



Mimir Invest AB

Adelis Equity Partners

Sirius Capital Partners

Ardian Infrastructure

Ahlström Capital Oy

OP Corporate Bank plc

Swedbank AB

HYY Kiinteistötalous (Ylva)



Alma Media

Intera Partners

MB Funds


Helsingin Lyyra Ky


Alma Property Partners

Cobbleyard Real Estate

Freska Group Oy

IQM Finland Oy

Mandatum Asset Management Oy


Triton Equity Partners


Work highlights

  • Advising Triton Equity Partners in relation to the financing arrangements of Crayfish BidCo’s voluntary public cash tender offer for all the shares in Caverion Corporation.
  • Advised Skandinaviska Enskilda Banken AB as agent for the senior lenders in a debt and equity funding round worth in excess of €250m for Valoo (Adola Oy).
  • Advising CapMan Infra’s portfolio company Valokuitunen Oy on a financing package close to €400m, of which €285m is committed at closing.


Borenius is reputed for its depth of experience in the full spectrum of finance transactions and has a strong presence in infrastructure and real estate development deals, including refinancings, restructurings and green financings. The team is co-led by Niina Nuottimäki, who has a strong background in the banking industry and is a key contact for leveraged financings, restructurings, and bond financing work, and Riikka Eronen, who has extensive experience in domestic and international corporate banking and real estate finance matters. Saara Haapamäki left the firm for an in-house role in September 2023.

Practice head(s):

Niina Nuottimäki; Riikka Eronen

Other key lawyers:

Tuomas Tikkanen


‘Borenius is one of the best law firms in Europe.’

‘Riikka Eronen gave perfect legal advice and managed a complex financing transaction extraordinarily well. She is the best lawyer I know.’

‘Very good team, able to execute many kinds of finance transactions.’

‘Tuomas Tikkanen is very analytical, solution oriented and has extensive jurisprudential knowledge.’

‘Versatile and experienced team.’

‘Strong banking and finance practice, knows the banks very well.’

‘The partners in the banking and finance practice have a solid background with lengthy experience working for banks and other parties in the market.’

‘Riikka Eronen has great knowledge from both a bank and legal services provider context. She is also very well integrated into the market which makes us confident that we are on top of the market development.’

Key clients

Nordea Bank Abp

OP Financial Group

Danske Bank

Suomen Osuuskauppojen Keskuskunta

Svenska Handelsbanken AB

Skandinaviska Enskilda Banken AB

Swedbank AB

PHM Group Holding Oy

Norvestor VIII SCSp

The Finnish State (Ownership Steering Department of the Prime Minister’s Office)


Deutsche Leasing AG

Citycon Plc

Work highlights

  • Advised the Finnish State (i.e. the Ownership Steering Department of the Prime Minister’s Office) on the €2.35bn bridge financing of Fortum Plc.
  • Advised Norvestor on acquiring the majority of Rantalainen, a Nordic full-service provider of outsourced accounting and payroll services with revenues in excess of €100m that was financed by a credit fund Ardian.
  • Advised OP Corporate Bank plc and Danske Bank A/S on the €222m credit facilities to finance F-Secure’s acquisition of Lookout Inc.’s mobile consumer security business.

Castrén & Snellman

Castrén & Snellman represents clients in all sectors of finance covering all aspects of banking and finance transactions with a focus on complex transactions, green financings and sustainability-linked financing arrangements. The department is led by experienced partner Tero Tuomisto; with vast knowledge of finance arrangements of all kinds, he is frequently involved in acquisition finance, real estate finance, project finance and syndicated finance arrangements. Sakari Lukinmaa is recognised for his expertise in banking and finance, private equity, and venture capital and capital markets mandates; while Minna Korhonen has a particular focus on real estate and development transactions and ‘stands out for her practical view on real estate financing’.

Practice head(s):

Tero Tuomisto

Other key lawyers:

Sakari Lukinmaa; Minna Korhonen


‘C&S are knowledgeable on local market practice, provide sufficient senior attention as well as cross-team collaboration to support with transactions.’

‘Large enough team and good understanding of customers need. When working with a small organisation they can help you to concentrate on the most important things.’

‘They understand the underlying business you are financing and its specific needs.’

‘The team has resources to advise on the most challenging finance transactions.’

‘Sakari Lukinmaa is a seasoned finance lawyer who make things happen.’

‘C&S’ banking and finance team has wide legal knowledge, from lending to capital markets issues etc. They always give clear and thorough advice.’

‘Minna Korhonen stands out for her practical view on real estate financing.’

Key clients

Nordea Bank Abp

OP Corporate Bank plc

Skandinaviska Enskilda Banken AB

Danske Bank A/S, Finland Branch

Aktia Bank Abp

Neste Corporation

LocalTapiola Group

Swedbank AB

Ålandsbanken Ab

Borgo AB

Huhtamäki Oyj

Helen Ltd

Finnlines Plc

Commerzbank Aktiengesellschaft

VR-Group Plc

Svenska Handelsbanken AB, filialverksamhet i Finland

REDI Shopping Centre

WithSecure Oyj

Meyer Turku Oy


Crédit Agricole Corporate and Investment Bank Helsinki Branch

Samla Capital Oy

Triton Investment Management Limited

Lindström Oy

Raute Corporation

Finnish Fund for Industrial Cooperation Ltd (Finnfund)

L-Fashion Group Oy

Kilpilahden Voimalaitos Oy

Work highlights

  • Advised Finnlines on two arrangements for the financing of the acquisition of two new Superstar ro-pax vessels (Finncanopus and Finnsirius) by Finnish shipping company Finnlines Plc.
  • Advised Golub Capital LLC as arranger and the senior lenders on providing financing for the acquisition of Basware Oyj.
  • Advised Crédit Agricole Corporate and Investment Bank Helsinki Branch on a sustainability-linked financing arrangement for Kuusakoski Oy.

Hannes Snellman (Finland)

Hannes Snellman (Finland) represents lenders and borrowers in a wide array of financing transactions and restructuring matters, ranging from secured and unsecured bank lending work and bond issuances to security structurings, hybrid and derivative instruments, and securitisation transactions. The department has particular strength in real estate financing and project financing work within the renewable energy field, and also excels in insolvency and restructuring transactions. Team head Markus Bremer has been described as ‘one of the best finance lawyers’, while Henrik Mattson and Antti Nyberg have a particular focus on bank lending work, acquisitions, real estate and project financings, securitisation issues, and structured financing transactions.

Practice head(s):

Markus Bremer

Other key lawyers:

Henrik Mattson; Antti Nyberg; Senni Kinnaslampi; Valerie Wårvik


‘Antti Nyberg excels in catering to the client’s needs and adapts well to different scenarios and assignments. Excellent availability.’

‘This team is the most experienced and versatile among Finnish law firms’ banking and finance teams and it has the broadest resources. They have also expertise in certain fields of banking law that other Finnish law firms lack.’

‘Henrik Mattson stands out from the others as a very experienced and versatile banking and finance lawyer. Also partner Markus Bremer is an excellent lawyer and nice to work with.’

‘Very talented and hardworking team. Valerie Wårvik is one of the best senior associates in Helsinki.’

‘Excellent team, best in Finland!’

‘Hannes Snellman’s finance team is very experienced and solution oriented.’

‘Henrik Matsson is the grand man of finance law. His experience, skills to find solutions and solve issues and general expertise are outstanding. Senni Kinnaslampi is a rising star with excellent project management skills.’

‘Markus Bremer is a one of the best finance lawyers. While knowing the details, he has a wider perspective and a great ability to advance things. He is also great to work with due to his professional skills and down to earth attitude.’

Key clients

Aareal Bank

Ahlstrom Capital

Danske Bank

Exilion Tuuli Ky

Konecranes Plc

Myrsky Energia Oy

Nordea Bank Abp

Nykredit Realkredit

Skandinaviska Enskilda Banken

Solidium Oy

Vaaka Partners

Work highlights

  • Advised Fortum on the €2.35bn bridge finance facility provided by Finnish state-owned holding company Solidium Oy.
  • Advised Fortum Oyj on the arrangements related to the stabilisation of its German subsidiary Uniper SE and subsequent sale of the controlling stake in Uniper SE shares to the German State.
  • Advised Myrsky Energia on the formation of a joint venture with Copenhagen Infrastructure Partners (CIP) concerning the investment and development of a 1.8GW portfolio of onshore wind power in Finland.


Krogerus' banking and finance department advises on the full range of domestic and international financing transactions and is a key adviser on complex acquisition and leveraged financings and structured finance mandates. The unit is additionally well regarded for its real estate finance and project finance work related to the energy sector, especially relating to renewable energy projects. Practice head Päivi Toivari is praised for her ‘outstanding negotiation skills and impeccable argumentation skills’ and specialises in acquisition financings, corporate lending, structured financing agreements, debt issuances and derivatives matters. ‘Excellent negotiator’ Heidi Kivenjuuri excels in real estate and project finance matters, and restructurings; and Jenna Kiiskinen is the key name at counsel level.

Practice head(s):

Päivi Toivari

Other key lawyers:

Heidi Kivenjuuri; Jenna Kiiskinen


‘Strong understanding of the business sector and the nature of our company in particular.’

‘Krogerus has a very experienced and professional team. It is always a pleasure to work with them.’

‘Apart from a vast experience with various financing structures, Heidi Kivenjuuri has a very hands-on pragmatic approach.’

‘Krogerus’ Banking and finance practice team, led by Päivi Toivari, is one of the most competent legal teams I have worked with. Punctual, constructive and maximally client-oriented team whose legal competences are beyond doubt. Their responsiveness (even during intense workload) and excellent collaboration with other legal teams participating in transactions, as well as technical solutions offered and ensured for the concerned parties strongly contribute to the success of the projects.’

‘Päivi Toivari’s most distinctive features are outstanding negotiation skills and impeccable argumentation skills. She is a high-profile professional and partner who is capable of managing, delegating and demonstrating maximum effort. Her knowledge, experience and competence are especially useful in critical or more intense situations.’

‘Heidi Kivenjuuri has a very hands-on approach and she is an excellent negotiator who always finds suitable solutions with a commercial approach.’

‘Päivi Toivari has extensive knowledge in the field of banking and finance. You can trust even the most demanding and critical cases in the hands of Päivi.’

‘Krogerus’ Banking team can take on full responsibility for getting the deal through, have attention to detail and great adaption skills.’

Key clients

Nordea Bank Abp

Sampo plc

Ilmatar Energy Oy

Cibus Nordic Real Estate AB

UBS Asset Management

Skandinaviska Enskilda Banken AB

Ålandsbanken Wind Power Fund

Intera Partners




Work highlights

  • Advised Copenhagen Infrastructure Partners (CIP) on financing matters in connection with its entry into a partnership with a Finnish developer Myrsky Energia Oy to develop more than 1.8GW of new onshore wind power in Finland.
  • Advised Ilmatar Energy on its the long-term €135m debt financing to fund the construction and operation of a portfolio of four onshore wind farms.
  • Advised Kohlberg Kravis Roberts & Co. Partner LLP (KKR) on the financing of its acquisition of a high-quality portfolio of thirty residential properties from Kruunuasunnot.


Roschier‘s finance and restructuring team is reputed for its depth of experience in lending and debt capital markets transactional work and financial restructurings. The group is engaged by banks active in the Nordics, large Nordic corporates, and international and Nordic private equity, real estate, infrastructure and private debt investors. Areas of expertise include project financing transactions in relation to the energy sector, especially green energy project work, which is co-head Jonne Järvi‘s specialty. Co-head Johannes Ahti advises on event-driven financings, refinancing issues, and financial restructurings with a focus on leveraged, corporate, real estate, and infrastructure finance mandates, and ‘excels within his areas of expertise’. Helena Viita focuses on finance and debt capital markets work, including acquisition finance transactions and securitisation matters.

Practice head(s):

Johannes Ahti; Jonne Järvi

Other key lawyers:

Helena Viita


‘Expert level knowledge of the market.’

‘Johannes Ahti excels within his areas of expertise.’

‘The team has a good size and diverse capabilities. Good ability to leverage specialist experience from other teams when needed.’

‘Johannes Ahti is very responsive and resourceful.’

Key clients


OP Corporate Bank


Danske Bank



IK Partners


Taaleri Energia

Work highlights

  • Represented Danske Bank in the €2bn financing for S-Bank’s purchase of Handelsbanken’s Finnish private customer, asset management and investment services operations.
  • Represented Hamburg Commercial Bank in the financing for a leading global investment company acquiring a large residential property portfolio.
  • Represented Nordic banks SEB and Nordea in a series of loan transactions for the large Finnish utility Helen and renewable energy investor Ålandsbanken Wind Power Fund to finance the acquisition and construction of four wind farms, comprising a total of 84 wind turbines with a joint capacity of 500MW.

Asianajotoimisto White & Case Oy

Fully integrated into the firm’s global banking practice, Asianajotoimisto White & Case Oy advises companies, banks and other financial services clients around the world on a variety of domestic and international financing transactions, including acquisition and structured bank/bond financings, project and real estate financings, and distressed debt and restructuring mandates. Exemplifying this in particular is practice head Tanja Törnkvist, who is a leading expert in the field. Krista Rekola's experience includes handling acquisition finance, real estate finance, project finance and general bank lending matters, representing lenders as well as corporate clients. Oona Lilja was promoted to partner in January 2023.

Practice head(s):

Tanja Törnkvist

Other key lawyers:

Oona Lilja; Krista Rekola


‘The Banking and Finance team in Helsinki is extremely efficient and has a to-the-point approach, problem solving rather than trying to create obstacles in the assignments.’

Key clients

Ahlstrom Oyj (formerly Ahlstrom-Munksjö Oyj)

Antilooppi Ky

Outokumpu Oyj

Danske Bank A/S

Deutsche Bank AG

Fingrid Oyj

Duell Oyj

Euroports Finland Oy


Georg Fischer

Goldman Sachs & Company

Greenfood AB


Koskisen Oy

Metso Oyj

Morgan Stanley Investment Management Limited

Nordea Bank Abp

Nordic Capital

Sanoma Corporation

Skandinaviska Enskilda Banken (SEB)

Sponsor Capital Oy

Starwood Capital Group

Stora Enso Oyj

Technopolis Oy

Trill Impact


Valedo Partners

Valmet Oyj

Valorem Group

Work highlights

  • Advising F-Secure on financing the acquisition of the mobile consumer security business from Lookout, Inc (Lookout) for an enterprise value of $223m.
  • Advised Antilooppi Ky on its financing package, worth over €500m.
  • Advising Valmet Oyj on its financing for the acquisition of Körber Group’s Business Area Tissue.

Bird & Bird

Bird & Bird‘s finance and financial regulation department’s services include handling acquisition, project and real estate financings, venture debt matters, mezzanine finance work, and regulatory matters, with a particular focus on payment work. The team is engaged by both lenders and, in particular, borrowers, and advises local and international regulated and non-regulated payment service providers, banks and corporates. Practice co-head Kristiina Lehvilä has vast experience in financing transactions, while fellow co-head Jori Taipale is experienced in cross-border and domestic M&A and finance matters.

Practice head(s):

Kristiina Lehvilä; Jori Taipale


‘Kristiina Lehvilä has a good commercial awareness which enabled us to concentrate on essential terms on a financing package and she provided practical solutions into negotiations leading to quick signing and closing. Experienced professional with good negotiation skills.’

Key clients

S-Bank Plc

Elisa Plc

Adola Ltd

Brunswick Real Estate AB and Nyfosa AB

City of Jyväskylä

Lehto Group Plc

Work highlights

  • Advised S-Bank Plc on the acquisition of the Finnish private customer, asset management and investment services operations of Svenska Handelsbanken AB.
  • Advised Elisa Corporation on entering into a €170m Revolving Credit Facility Agreement.
  • Advised Adola Oy on entering into an English law governed €100m senior facilities agreement, intercreditor agreement, hedging agreements, Finnish law governed security agreement and English law governed security agreement.

Dittmar & Indrenius

Dittmar & Indrenius' ‘impressive’ finance practice provides the full range of advice on complex banking transactions, lending and acquisition financings, real estate and infrastructure financing work, derivatives issues, structured products, and distressed situations. The team focuses on cross-border matters and work in the energy and infrastructure sector, with a strong emphasis on renewable energy and sustainability issues. Juha-Pekka Mutanen heads up the department and specialises in finance and capital market transactions, including project finance, LBO and bond finance mandates. Kristian Karlsson primarily handles acquisition and project finance work and also assists with securitarisation issues.

Practice head(s):

Juha-Pekka Mutanen

Other key lawyers:

Kristian Karlsson


‘Dittmar’s finance practice is impressive with its solution-orientated approach and ability to come up and work with tailor-made solutions.’

‘Juha-Pekka Mutanen was integral in formulating a tailor-made financing solution for transactions. His commercial approach and solution orientated mind set was integral for the transaction execution.’

Key clients






Pandion Mine Finance

KLAR Partners


Auris Energia


Svenska Handelsbanken

Work highlights

  • Advised Infranode on the financing of its acquisition of a portfolio of care properties in Jyväskylä.
  • Advised PKS Tuotantotilat, an investment vehicle of Castlelake and Mirabel Partners, on its novel real estate financing arrangement.
  • Advised Pandion Mine Finance, LP, the main creditor of Otso Gold Oy, which owns the Laiva Gold Mine in Finland, on a debt restructuring and distressed sale of Otso Gold Oy to Pilar Gold.

DLA Piper Finland Attorneys Ltd

DLA Piper Finland Attorneys Ltd‘s finance and projects practice has considerable experience in financial regulatory and compliance work within the fintech space, and also handles real estate and renewable energy financing transactions. A niche focus of the practice is its expertise in the shipbuilding industry, where assists with ship financings, structured export and trade finance work, and project financing issues. Group co-head Kristiina Hirva is a key name for financial regulatory matters, while co-head Mikko Luukkonen focuses on ECA financings, especially relating to the maritime industry.

Practice head(s):

Kristiina Hirva; Mikko Luukkonen


‘Brilliant understanding of the Product area, and strong track record. Wouldn’t use another law firm to execute PIF facilities.’

‘Mikko Luukkonen is not only very knowledgeable, but also very warm with clients which helps to progress transactions quickly.’

Key clients

Société Générale

Silicon Valley Bank

Saari Partners

Raksystems Group Oy

NTR Renewable Energy Income Fund II

BNP Paribas Fortis

Teollisuuden Voima Oyj (TVO)

Mizuho Bank

Helaba Landesbanken Hessen-Thüringen

Premico Oy

Deutsche Bank AG

Collector Bank AB

KfW IPEX-Bank GmbH

Nordic Investment Bank

Work highlights

  • Advised Teollisuuden Voima Oyj in connection with three bilateral loan facilities used for general corporate purposes provided by Nordic banks.
  • Advised Société Générale on its ECA-backed financing provided to a Finnish shipping company for the purposes of acquiring a RoPax cruise vessel from a foreign shipping yard.
  • Advised KfW on the financing provided to Estonian shipping company Tallink for the acquisition of a Ro-Ro/passenger ship from a Finnish shipbuilder Rauma Marine Constructions.

HPP Attorneys

With a focus on project financing issues, especially regarding the construction and development of wind farms, and mandates in the green energy and infrastructure sectors, HPP Attorneys advises on a range of finance arrangements and distressed cases. Antti Rintakoski focuses on lender mandates and has extensive experience in domestic and cross-border finance and debt capital markets transactions, and specialises in real estate, project and leveraged financings, high-yield bond issuances, and investment grade lending. Björn Nykvist and Teija Lius are key names for project finance mandates.

Practice head(s):

Antti Rintakoski

Other key lawyers:

Björn Nykvist; Teija Lius


‘HPP’s Banking and Finance practice offers personal and comprehensive collaboration, where many years of cooperation gives the trust needed to let HPP drive processes seemingly independently. The comprehensive knowledge and experience of the team members means that the client can feel secure that its best interests are taken care of.’

‘The partners comprehensive knowledge and capability to drive a process leads to minimising unnecessary administrative work at the client end.’

‘Collaboration work with HPP’s banking and finance team has always been very convenient. The team truly understands its clients’ needs.’

‘Three key factors we have valued: Expertise, experience and problem-solving capability in matters.’

Key clients

European Investment Bank

Aktiivitilat AM Oy

Samhällsbyggnadsbolaget i Norden AB

Aquila Capital

Danske Finance Ltd

Municipality Finance

Collector Bank AB

Taaleri Plc

Skandinaviska Enskilda Banken AB

Joh. Berenberg, Gossler & Co. KG

Teollisen yhteistyön rahasto Oy (Finnfund)

Work highlights

  • Advised Finnfund (a Finnish development financier and impact investor) on its participation in a $135m financing package, arranged by Asian Development Bank, for VINFAST, related to manufacturing of Vietnam’s first fully electric public transport bus fleet and first national electric vehicle charging network.
  • Advised AB Sagax on a €99m bank financing arrangement for the purpose of refinancing the existing real estate investments.
  • Advised eQ’s residential fund (Oivat Kaupunkikodit Ky) on a financing arrangement with a contractor and two banks for the purpose of financing a construction project.


Waselius‘s banking and finance practice is well known for advising cross-border participants in the banking and finance sector on a wide range of financing transactions and regulatory issues. Timo Lehtimäki leads the banking and finance transactional practice and primarily focusses on cross-border transactions, while Olli Kiuru is head of the financial regulatory practice and works with domestic and international financial institutions, insurance companies and other regulated entities, including fintech companies. Maria Lehtimäki has notable experience in securitisation and structured finance work, as well as special situation and distressed investments, while Linda Nyman is the key contact at counsel level.

Practice head(s):

Timo Lehtimäki; Olli Kiuru

Other key lawyers:

Maria Lehtimäki; Linda Nyman; Ville-Veikko Vänttinen


‘Independent law firm with an experienced and commercially minded team that operates very effectively and gets things done. They are very easy and pleasant to deal with, true professionals, and we know that our matters are in a safe pair of hands when we instruct Waselius & Wist.’

‘Maria Lehtimäki provides excellent and timely advice. She is responsive and stays involved in the deal, so there is partner involvement in all key issues. Senior associate Ville-Veikko Vänttinen is also helpful, efficient and proactive. They are both a pleasure to deal with.’

‘They are knowledgeable, reactive and, most importantly, very commercial. Waselius & Wist think in terms of solutions and not problems. They are always willing to think outside the box.’

‘Both Maria Lehtimäki and Ville-Veikko Vänttinen are top notch lawyers who come very recommended. Maria and Ville-Veikko get the deal done and come up with creative solutions.’

‘We have worked with Timo Lehtimäki on several transactions and the level of service and responsiveness have been outstanding. All work products have been delivered in a timely way and legal issues have been solved smoothly and quietly.’

‘All team members have been exceptionally friendly and had a deep knowledge of acquisition finance transactions.’

‘I especially value the level of commitment and service from Maria Lehtimäki who is a standout legal adviser in Finnish securitisations – definitely the market leader.’

Key clients

LocalTapiola Finance

Wells Fargo

BNP Paribas

Goldman Sachs

Credit Suisse


Sixth Street Partners


American Express

Saldo Bank UAB Plc

PYN Fund Management Ltd

Morrow Bank

Alisa Bank Oyj

Banco Santander


Ikano Bank

Zurich Insurance Group

Ermitage Partners


Santander Consumer Finance Oy

Vapaus Bikes Oy

P Capital Partners AB

Monitchem Holdco 3 S.A. (CABB Group)

Work highlights

  • Advised LocalTapiola Finance (LähiTapiola Rahoitus Oy) as the originator in the €543.3m public securitisation of a portfolio of Finnish consumer auto hire purchase contracts.
  • Advised the lenders on the Finnish law aspects of the financing of the acquisition of the Nomentia group by Inflexion.
  • Advised Santander Consumer Finance Oy as the originator in the €450m public securitisation of a portfolio of Finnish consumer auto hire purchase contracts.

Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland)

Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland) has deep knowledge of real estate transactions and experience in fintech mandates, as well as handling issues relating to the regulation and operation of crowdfunding platforms. Merja Blankenstein advises on the finance elements of domestic and international M&A transactions and is an expert in real estate arrangements, while Tiina Ashorn‘s practice covers the interface between banking and finance work and TMT issues. Other key members of the team include Harri Tolppanen and Vesa Turkki.

Practice head(s):

Merja Blankenstein; Tiina Ashorn; Harri Tolppanen; Vesa Turkki


‘They know clients needs and targets very well. They are willing to use all the hard work that a case needs.’

‘Merja Blankenstein has been a crucial help in developing bond underwriting tools and European options with a tight schedule. She has shown repeated willingness to work around the clock with very little notice to meet our deadlines.’

‘Good knowledge about finance documentation and complex structuring.’

‘Good hands-on approach from the partner. Did not make things unnecessarily complicated but pushed for clarity and looked to solve problems instead of inventing them.’

‘Merja Blankenstein is an excellent lawyer and very helpful.’

KPMG Law in Finland

KPMG Law in Finland focuses on finance sector regulation and transactions, including advice regarding authorisation applications, compliance outsourcings, sustainable finance work, financial regulations, and financial group reorganisations. Eeva Rakkolainen leads the team and has vast experience in advising financial sector clients including banks, insurance companies, and asset managers in Finland on regulatory transformation projects, sustainable finance regulation, financings, M&A, and corporate law. Jannica Boucht specialises in data protection issues and is well versed in sector-specific regulations applicable to the finance sector.

Practice head(s):

Eeva Rakkolainen

Other key lawyers:

Siiri Luoma; Jannica Boucht


‘We have been pleased with the quality of the services provided to us on regulatory and compliance matters.’

‘The individuals in the team are all a pleasure to work with and have a high level of competence.’

‘KPMG has been able to deliver what has been agreed and even more. Very proactive attitude towards the needs of the business.’

Key clients

Mandatum Group

Sampo Plc

OP Financial Group

Savings Banks Group

Aaland Mutual Insurance Company

Garantia Insurance Company Ltd

Taaleri Oyj, Taaleri Energia Funds, Taaleri Pääomarahastot Oy

Index Helsinki Osakeyhtiö

Grit Fund Management Company Ltd

Ethos Capital Oy

Gf Money Oy

Epassi Group Oy

Fennia life insurance company Ltd

Work highlights

  • Assisted Länsi-Uudenmaan Säästöpankki with a change of a company form from a savings bank to a limited liability savings bank by way of a transfer of business to an established limited liability company, namely Länsi-Uudenmaan Säästöpankki Oy.
  • Assisted Mandatum with its IPO readiness project.
  • Providing outsourced legal compliance services to Taaleri Oyj and supporting the client on compliance matters.

Merilampi Attorneys Ltd

Merilampi Attorneys Ltd‘s banking and finance team is particularly strong in real estate transactions and has a strong emphasis on regulatory advice. Team head Tommi Elo focuses on banking and finance as well as securities transactions and has been involved in domestic and cross-border financings; additionally, he has provided advice on insider issues and various licensing and other regulatory processes related to financial markets. Ari Keinänen specialises in corporate and real estate transactions.

Practice head(s):

Tommi Elo

Other key lawyers:

Ari Keinänen


‘Tommi Elo and his team at Merilampi delivers pragmatic and to the point advice, taking into account both local law and the knowledge of the industry and local market practice as well as the knowledge of our organisation and products that they have acquired over the years.’

‘Tommi Elo is a trusted adviser on banking, financial and commercial matters.’

Key clients


Nordea Bank

Aberdeen Property Funds

Schroder Property Funds

Suominen Corporation

Posti Corporation

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