Banking and finance in Finland

Asianajotoimisto White & Case Oy

The globally-connected banking and finance team at Asianajotoimisto White & Case Oy is noted for its track record in advising European financial institutions and management groups on transactions in the Nordic and Baltic regions. Its mandates frequently involve acquisition, real estate and leveraged financings, as well as distressed debt advice and restructurings. Executive partner Tanja Törnkvist focuses on project finance work and transactions, bank lending issues, and bank and bond transactions. Timo Airisto is dual-qualified to practice law in the US and Finland, and often deals with complex cross-border real estate transactions, while senior associate Oona Lilja advises venture capital and private equity groups on acquisition and project finance matters. Additionally, associate Krista Rekola specialises in debt finance and general bank lending issues.

Practice head(s):

Tanja Törnkvist

Other key lawyers:

Timo Airisto; Oona Lilja; Krista Rekola

Key clients

Sanoma Corporation

Nordea Bank Abp

Ahlstrom-Munksjö Oyj

Danske Bank A/S

OP Corporate Bank plc

Handelsbanken Capital Markets

Svenska Handelsbanken AB

Swedbank AB

Pareto Securities

Skandinaviska Enskilda Banken AB

Basware Oyj

Metso Outotec Oyj

Work highlights

  • Advised Nordea Bank and Pareto Securities, as the joint bookrunners, on the issuance of €300m 4.75% senior secured callable notes due 2026 by PHM Group Holding Oy, a property maintenance and management services group.
  • Advised Sanoma Corporation, a European learning and media company listed on Nasdaq Helsinki, on the €480m financing for the acquisition of Santillana Spain, a leading Spanish provider of K-12 learning materials, from Promotora de Informaciones S.A. (Grupo Prisa).
  • Advised Nordea Bank Abp on the financing arrangements comprising originally €635m syndicated term loan facilities and a €300m bilateral term facility for Konecranes Oyj and originally a €400m syndicated term loan facility for Cargotec Oyj as well as the syndication process of the syndicated term loan facilities to BNP Paribas, Danske Bank, OP Corporate Bank Plc and SEB as mandated lead arrangers.


The ‘very skilled team‘ team at Borenius works alongside the firm’s real estate, energy and infrastructure teams to assist clients with securing rescue financing, insolvency issues, debt forgiveness, and restructurings. Niina Nuottimäki leads the team and is ‘experienced and pragmatic‘ regarding banking and finance, debt restructuring and debt capital markets work; she has additional niche expertise in real estate finance work and bond financings. Banking and finance co-head Riikka Eronen joined the practice in November 2020 from Danske Bank and focuses on corporate banking and real estate finance work.

Practice head(s):

Niina Nuottimäki; Riikka Eronen

Other key lawyers:

Tuomas Tikkanen


‘Niina Nuottomäki is very capable and hands on and provides a great service.’

‘Borenius has very good knowledge of our business and its practices, and is a regular player in the market so they don’t need unnecessary briefing.’

‘Niina Nuottimäki is a very effective and pleasant lead partner, good negotiator, and knows what is expected. Tuomas Tikkanen is a very knowledgeable and academic practitioner.’

‘Impeccable substance knowledge and experience well beyond what was needed in our – as such demanding and complex – project, very pragmatic, solution oriented and pleasant style.’

‘Niina Nuottimäki is a real problem solver with solid experience and negotiation capabilities. Will work with her again any time I can.’

‘Very skilled team, in particular with real estate financing transactions.’

‘Niina Nuottimäki is an experienced and pragmatic lawyer, easy to work with.’

Key clients

Nordea Bank Abp

OP Financial Group

Danske Bank

Citycon Oyj

Suomen Osuuskauppojen Keskuskunta

Harvia plc

Finnish Industry Investment Ltd

Svenska Handelsbanken AB


Skandinaviska Enskilda Banken AB

Morgan Stanley Real Estate Investing

SATO Corporation

Aberdeen Standard Investments


PHM Group

Neoen S.A.

Work highlights

  • Advised a syndicate of Nordic and international commercial banks in relation to the financing of the construction of Metsä Fibre’s bioproduct mill in Kemi, Finland. The syndicate was led by Nordea Bank as the agent and coordinator.
  • Advised Goldman Sachs, Morgan Stanley, Nordea, and BNP Paribas on the financing of the public take over of Ahlström-Munskjö by Bain Capital.
  • Advised PHM Group on its refinancing comprising of a Finnish law governed high-yield bond and super senior revolving facility.

Castrén & Snellman

Castrén & Snellman is praised as a ‘good asset‘ for clients across all areas of finance work including the issuance of bonds, project finance work and debt financings. Clients frequently operate in the construction, shipping, retail and real estate sectors, and practice co-head Tero Tuomisto focuses on acquisition, project and real estate finance and syndicated finance matters. Managing partner Sakari Lukinmaa also leads the group, which has seen recent growth to cover an increased number of mandates, with senior associate Melissa Horsley joining from Osborne Clarke in mid-2021. Other key team members include senior associate Sonja Hänninen and associate Laura Sundström.

Practice head(s):

Tero Tuomisto; Sakari Lukinmaa

Other key lawyers:

Melissa Horsley; Sonja Hänninen; Laura Sundström; Mariella Både-Landell; Minna Korhonen


‘Castrén & Snellman is all around the market, very visible and knowledgeable. They are a good asset in right transactions.’

‘Partner Tero Tuomisto takes care of everything and is always available. Mariella Både-Landell is an up-and-coming counsel, she is very effective and pleasant to work with.’

‘Very capable team, able to deliver in finance transaction across the spectrum.’

‘Sakari Lukinmaa facilitates the transaction processes proactively and is very solution oriented.’

‘Pragmatic, customer focused and skilful. Great allocation of tasks between partners, counsels and associates.’

‘Sakari Lukinmaa is a very customer-focused and dedicated adviser with extensive experience in our field.’

Key clients

Nordea Bank Abp

OP Corporate Bank plc

Skandinaviska Enskilda Banken AB

Danske Bank A/S, Finland Branch

JOOL Markets AS

Huhtamäki Oyj

Wolt Enterprises Oy

Metsä Board Corporation

Finnlines Plc

Caverion Corporation


Northern Horizon Capital

S-Bank Ltd

Cargotec Corporation

Swedbank AB

Work highlights

  • Advised Cargotec, a Finnish provider of cargo and load handling solutions, on a contemplated merger with Konecranes.
  • Advised Metsä Fibre, a part of Metsä Group, on securing financing for the construction of its new bioproduct mill in Kemi, Finland.
  • Advised Neste Corporation on the issuance of a €500m green bond. The 7-year bond represents the first issuance under Neste Corporation’s newly established Green Finance Framework.

Hannes Snellman

The ‘strong and knowledgeable‘ team at Hannes Snellman works alongside its Swedish colleagues to provide geographic coverage in the Nordic markets and cross-border advice to both lenders and borrowers. It covers financing and restructuring matters, secured and unsecured bank lending work, bond issuances and hybrid and derivative instruments. It is also highly experienced in real estate financing and project financing work, especially in the renewable energy sector. Practice head Markus Bremer focuses on financing transactions, security structurings and private equity fund structures. Henrik Mattson deals with both domestic and cross-border bank lending, acquisition financing and project financing matters, while Antti Nyberg is experienced in derivative instruments and project financings.

Practice head(s):

Markus Bremer

Other key lawyers:

Henrik Mattson; Antti Nyberg; Mikko Heinonen; Matias Moberg


‘Legal team is good mix of experience and energy. The experienced persons have been involved in several unique and innovative financial transactions.’

‘Strong and knowledgeable team. Structured process throughout the project with swift turn-around times and clear communication.’

‘Extremely methodical, transaction deliverables were delivered timely and in pristine order. Were able to provide useful advice in areas outside the initial foreseen scope quickly.’

‘Matias Moberg was very much on top of matters and was able to adapt and propose new solutions as the transaction progressed. Also very present in contract negotiations.’

‘We have been impressed by the team’s quality control. We have always received top-notch work from them very consistently.’

‘Very good resourcing of teams compared to peers, with appropriate seniority to perform tasks. Top-notch partner availability and attention.’

Key clients

Nordea Bank Abp

Danske Bank A/S, Finland Branch

OP Corporate Bank plc

Nykredit Realkredit A/S

Verdane Advisors

Intera Partners Oy

Vaaka Partners Ltd

Rapala VMC Corporation

Valmet Corporation

Ahlström Capital Oy

Work highlights

  • Advised Exilion Tuuli on the acquisition and related financing of the wind power production and development business of St1.
  • Advised Valmet on the merger of Valmet and Neles.
  • Advised the State of Finland on a hybrid loan arrangement with Finnair plc.


The ‘dedicated team‘ at Krogerus deals with international banking and finance transactions, including complex acquisition financings, derivatives issues and structured finance work. It is noted for its focus on high-profile project finance mandates in the renewable energy sector, specifically the financing of the construction and maintenance of Nordic wind farms. Another core area of expertise is real estate finance work, which it handles on behalf of German financial institutions. Practice head Päivi Toivari is known for her work in complex acquisitions transactions and corporate lending, while Heidi Kivenjuuri advises on leveraged finance, renewable energy-related project finance and real estate finance transactions.

Practice head(s):

Päivi Toivari

Other key lawyers:

Heidi Kivenjuuri


‘Large and dedicated team.’

‘Partner Heidi Kivenjuuri has very good knowledge of the industry and is easy to work with.’

‘We have a good relationship and work is efficient.’

‘Heidi Kivenjuuri is efficient and pays attention to detail.’

Key clients

Nordea Bank Abp

National Australia Bank

Ilmatar Energy Oy

Cibus Nordic Real Estate AB

HKScan Corporation

Skandinaviska Enskilda Banken AB

Sampo plc

Danske Bank A/S


Lehto Group plc

Work highlights

  • Advised Ilmatar Energy on long-term PPA backed project financing with Skandinaviska Enskilda Banken to fund the construction of its Voimamylly and Rasakangas wind farm projects totalling 73.8MW of installed capacity.
  • Advised the arranger Mandatum Asset Management Ltd and certain other Sampo Group companies on a €40m private financing of European Directories BondCo S.C.A., a portfolio company of Triton Fund III.
  • Acted as local counsel to Skandinaviska Enskilda Banken and National Australia Bank as lenders on Finnish law matters regarding the financing of a Nordic wind farm portfolio.


Roschier is known for its experience in cross-border financings and restructurings across the Nordic countries. It handles complex lending and debt capital market transactions, acquisitions, and financial restructurings, with a ‘strong focus on energy and infrastructure‘ work. The team frequently advises leading banks, private equity groups, and real estate and infrastructure investors. Helena Viita is a finance and debt capital specialist, who also works on bond financing, acquisition finance and project finance mandates. Johannes Ahti assists with acquisitions, refinancings and restructurings for corporate and real estate clients, and Jonne Järvi splits his work between domestic and cross-border transactions, project finance issues and corporate lending matters in the project, energy and infrastructure spheres. Senior associate Essi Seppä departed for Avance Attorneys Ltd in March 2021.

Practice head(s):

Helena Viita; Johannes Ahti; Jonne Järvi


Always good service and each team member knows what to do.’

Jonne Järvi is service oriented and has a pragmatic approach.’

Clearly knowledgeable and dedicated team with strong focus on energy and infrastructure.’

Deep understanding of the underlying assets and business.’

The team is very broad and part of the leading franchise in the Nordics. Especially the pool of senior associates is of high quality.’

Jonne Järvi is a pragmatic and diligent partner, while Johannes Ahti is the current team leader with market knowledge of the leveraged finance sector.’

Key clients


OP Corporate Bank


Danske Bank


Stora Enso

IK Investment Partners

Triton Partners


Trevian Asset Management

Work highlights

  • Advised Bain Capital on the financing of the public takeover of Ahsltröm-Munksjö Oyj.
  • Advised a syndicate of banks on funding for the acquisition of Santillana Spain.
  • Advised Tornator on its green refinancing.

Avance Attorneys Ltd

Avance Attorneys Ltd is particularly strong in advising financial institutions and international corporates on syndicated and bilateral loans, acquisition finance work, and structured and project financings, both in Finland and the Nordics more broadly. It frequently advises on acquisitions of real estate and energy portfolios, and often acts in regulated industries including the healthcare, construction and infrastructure sectors. Practice co-head Sari Wallgren deals primarily with cross-border financing and debt restructurings, while co-head Selinda Näse is noted for her expertise in acquisitions, structured and real estate financings and syndicated lending matters. 2021 saw senior associate and project finance expert Essi Seppä join from Roschier in March, while corporate finance transaction counsel Tytti Laajanen joined from OP Corporate Bank in September 2021.

Practice head(s):

Sari Wallgren; Selinda Näse

Other key lawyers:

Essi Seppä; Tytti Laajanen


‘The essential strengths of the team are its flexibility, efficiency and dedication. The broad and very in-depth knowledge of their lawyers really differentiate their services. We have been very pleased with their services on finance matters. As a client, we appreciate the stability of the relationship built with the team. A long-term client relationship has been an advantage to the client.’

‘Sari Wallgren – Excellent and knowledgeable lawyer with long-standing experience on banking and finance transactions. She is diligent and has the process completely under control at all times.’

‘The team builds a close relationship with clients and knows the needs very well as a result. They are always available and can meet very tight deadlines. Good coverage in case of absences. We also receive innovative ideas and good sparring for problems that may require solutions.’

More personal approach to the problems more akin to in-house general counsel approach. We like the deep knowledge and ability to contrast our deal packages with broad market examples.

‘Hard-working team. Preparations for a closing of a transaction are done more in advance than with other firms.’

Key clients

Brunswick Real Estate

AB Sagax

Sirius Capital Partners

Ardian Infrastructure

Skandinaviska Enskilda Banken AB

Intera Partners



Elenia Oy

Rettig Group Ltd

Fortaco Group Oy and CapMan Plc

Areim AB



Adelis Equity Partners


Ahlström Capital Oy and A. Ahlström Kiinteistöt Oy

OP Corporate Bank Plc

HYY Kiinteistötalous (Ylva)



Alma Media

Hologic, Inc.

MB Funds

Work highlights

  • Advised OP Corporate Bank in financing arrangements relating to Cibus Nordic Real Estate AB’s acquisition of a real estate portfolio of seven assets in Finland for €102m.
  • Advised Skandinaviska Enskilda Banken AB 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.
  • Advised Alma Media in financing arrangements relating to the acquisition of Nettix Oy’s entire share capital from Otava Group for €170m.

Dittmar & Indrenius

Dittmar & Indrenius deals in complex banking transactions, as well as cross-border acquisition and project finance work, especially regarding the Finnish infrastructure, fintech, automotive and renewable energy sectors. The team is also experienced in distressed situations and real estate finance work. Head of the finance and capital markets team and ‘go-to‘ transactions expert Juha-Pekka Mutanen leads on major capital market transactions, as well as project finance and bond finance mandates. He works alongside co-head Hanna-Mari Manninen, who is an expert in leveraged acquisitions and corporate lending work, especially in the fintech industry. Additionally, Kristian Karlsson was promoted to the partnership in January 2021; he focuses on high-value financing transactions and the securities market.

Practice head(s):

Juha-Pekka Mutanen; Hanna-Mari Manninen

Other key lawyers:

Kristian Karlsson


We have been working with Dittmar on banking regulatory matters for quite a while now. They are very knowledgeable in that area.’

My go-to person is Juha-Pekka Mutanen. He is very pragmatic and has been extremely helpful in a number of cases now.’

Very professional people with a “business oriented” approach. Always good value for money. Excellent energy, M&A and finance teams.

Juha-Pekka Mutanen is business oriented and easy to work with. Knows his area of expertise (finance law) in depth. I always feel I have learned something useful having discussed with him.’

Key clients




BNP Paribas

Danske Bank


KLAR Partners




Work highlights

  • Advised Norvestor on the financing of the acquisition of PHM Group and the financing of its acquisition of Kotikatu Group.
  • Advised Foresight Energy Infrastructure Partners on the acquisition of the 88MW Puskakorpi onshore wind farm project.
  • Advised Nomentia and its owner Providence Strategic Growth on the financing for the new Nomentia group, which was created by a combination of OpusCapita’s Cash Management business and Analyste International Oy.

HPP Attorneys

HPP Attorneys specialises in project finance work, especially concerning real estate, wind farm, energy and infrastructure construction projects, often for Nordic and German investors. While historically the group has assisted overseas lenders, it has recently expanded its work assisting both Scandinavian banks and lenders. Project finance lead Björn Nykvist specialises in project finance transactions, borrower mandates and advises overseas lenders on financings, while banking and finance practice head Antti Rintakoski advises on both cross-border and domestic financings and debt capital markets work, as well as bond issuances. Senior counsel Teija Lius joined in November 2020 from the European Investment Bank; she is noted for acting on major wind farm transactions.

Practice head(s):

Björn Nykvist; Antti Rintakoski

Other key lawyers:

Teija Lius


‘HPP’s financing team is very experienced and reliable. Their delivery times are second to none and quality is very good.’

‘Antti Rintakoski is the leading partner and he is very business minded and solution oriented.’

‘They have a very strong market knowledge and very broad expertise. They are well integrated between regulatory and M&A/finance.’

‘Björn Nykvist is a very skilled lawyer who understands the commercial dynamics.’

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

Neste Corporation

Work highlights

  • Advised Skandinaviska Enskilda Bank AB on a real estate financing where SEB arranged a facility for MRECs owned by DWS Alternatives GmbH.
  • Advised Aktiivihallit Ky on an up to €50m financing arrangement with Nordea Bank Abp relating to its Finnish real estate portfolio and consequent add on investments and financings.
  • Advised Terrafame Ltd and its state-owned majority shareholder Finnish Minerals Group on a financing arrangement aimed at supporting the further development of Terrafame’s operations.

Waselius & Wist

Waselius & Wist is a ‘go-to’ practice for advising multinational credit institutions on major inbound transactions into Finland. Its work includes unsecured and secured financings, acquisition and structured finance work, and securitisation and major aviation finance projects. Team leader Timo Lehtimäki focuses primarily on cross-border transactions for private equity houses and international banks, and is noted for his work on asset-based lending matters, bond issuances and financing transactions. Specialist partner Maria Lehtimäki deals with cross-border financings and structured finance work in regards to distressed investments, while finance, regulatory, and fintech practice head Olli Kiuru is a key contact regarding fund structuring and restructuring matters.

Practice head(s):

Timo Lehtimäki

Other key lawyers:

Maria Lehtimäki; Olli Kiuru


Very pro-active and responsive. My go-to Finnish law firm.’

Timo Lehtimäki understands the demands of the London market and is super responsive and pro-active in finding solutions and giving advice on the deal. I can trust in him and his team to deliver on time and especially in time constrained competitive bid contexts.’

Finland is a distant jurisdiction but Waselius & Wist never disappoints as a top quality law firm: knowledgeable, responsive, efficient. We always recommend our clients to use W&W for Finnish matters.’

Timo Lehtimäki is the lead partner and our main contact. He is highly knowledgeable, efficient and easy to contact.’

Hardworking and will fight for their client. Ambitious team that will inevitably succeed because of the quality of the service and the relationship they grow.’

Key clients

LocalTapiola Finance

BNPP and Citibank

Banco Santander

BBAM Aviation Services Limited

Invesdor Ltd

Saldo Finance plc

Liberis Finance Limited

PYN Fund Management Ltd

Goldman Sachs

Credit Suisse


American Express Europe (Sweden branch)

Saldo Finance plc

GCC Capital Ab

Aalto University Executive Education (FINVA)

Help Försäkring


Invesdor Oy

Liberis Finance Ltd


Komplett Bank ASA


Work highlights

  • Advised LocalTapiola Finance Ltd as originator on its first public securitisation of a €529m portfolio of Finnish auto hire purchase contracts.
  • Advised Bank of China on the Finnish law aspects of the financing of the acquisition of HyTest by Shenzhen Mindray Bio-Medical Electronics. The value of the deal was €545m.
  • Advised BBAM Aviation Services Limited and JLPS Holding Ireland, respectively, and certain other transaction parties on the Finnish law aspects of the sale and leaseback of three Airbus A350-941 Aircraft with Finnair, and related financing arrangements. Deal value was estimated at $3bn.

DLA Piper Finland Attorneys Ltd

DLA Piper Finland Attorneys Ltd deals with complex corporate and financing transaction mandates on behalf of banks and other financial institutions. Newly appointed practice co-heads Kristiina Hirva and Mikko Luukkonen were both promoted to partner in January 2021. Hirva focuses on outsourcing mandates and M&A regulatory advice, while Luukkonen specialises in ECA financings, especially in the maritime sector. Hans Sundblad is noted for his experience in corporate lending issues, ship and project financings, and syndicated loans. Additionally, financial regulation and export finance associate Tiia Mäki joined the team in May 2020 from Hannes Snellman.

Practice head(s):

Kristiina Hirva; Mikko Luukkonen

Other key lawyers:

Hans Sundblad; Tiia Mäki


‘DLA’s team is visible in selected transactions especially in the shipping and project finance sector, and they are an effective option.’

‘Mikko Luukkonen is a very pleasant and pragmatic practitioner.’

‘Ability to be flexible in terms of fees. Excellent experience in secured financing transactions and distressed debt transactions.’

‘Mikko Luukkonen was very responsive and able always to deliver on time in a distressed transaction involving a large amount of parties in different jurisdictions. He was just recently appointed as a partner and has a solid background of banking and financing.’

Key clients

Nordic Investment Bank

Raksystems Group Oy

NTR Renewable Energy Income Fund II

IPR VC Fund I Ky

Teollisuuden Voima Oyj

Nordea Bank Abp

Helaba Landesbanken Hessen-Thüringen

Danske Bank A/S, Finland Branch

Premico Oy

Deutsche Bank AG


Bregal Milestone

Collector Bank AB

Saari Partners

Work highlights

  • Advised Nordic Investment Bank on its up to €100m Covid-19 response loan to shipping company Tallink Silja Oy, the Finnish subsidiary of the Estonian AS Tallink Grupp.
  • Advised Energy Infrastructure Partners (EIP) on the acquisition of an 80% stake in Finnish utility Fortum Oyj’s 500MW Nordic onshore wind portfolio and related senior project finance loan provided by Skandinaviska Enskilda Banken (SEB) and National Australia Bank (NAB).
  • Advised Raksystems Group Oy on negotiations relating to the financing of the Raksystems group of companies by Nordea Bank Abp as lender.

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

Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland) often deals with assignments relating to cross-border financing mandates, particularly bank financings, crowdfunding issues, fintech work, and other forms of alternative financing arrangements. The team is also experienced in the regulation, compliance and consumer finance spaces, and is especially strong in real estate financing. The practice is jointly lead by Merja Blankenstein and Tiina Ashorn; Blankenstein specialises in both domestic and international transactions, particularly in the real estate arena, while Ashorn advises on consumer finance mandates.

Practice head(s):

Merja Blankenstein; Tiina Ashorn

Other key lawyers:

Harri Tolppanen; Vesa Turkki


‘The strength of the practice is the hands on approach and involvement on partner level ensuring good quality and cost efficient advice.’

‘Merja Blankenstein stands out with her hands on approach and involvement in the transaction at hand.’

Key clients

SigmaRoc plc

Korkeakangas Wind Oy (Aquila Capital)

Relais Group plc

Digitalist Grou Oyj

Santander Consumer Finance Oy

Collector Bank AB

Work highlights

  • Advised SigmaRock plc on its acquisition of all shares in Nordkalk Oy Ab from Rettig Group Oy Ab and thereto related €350m financing.
  • Acted as legal adviser to Korkeakangas Wind Oy in arranging a refinancing from KfW IPEX-Bank GmbH for Korkeakangas Wind Oy, a special purpose vehicle managed by Aquila Capital, in relation to the construction of the Korkeakangas wind farm in Karstula, Finland.
  • Acted as legal adviser to Relais Group plc as borrower in connection with extensions to and amendments to its Facilities Agreement of €111m and thereto related cross-border security arrangements.

Merilampi Attorneys Ltd

Merilampi Attorneys Ltd is especially strong in real estate finance work, often acting on the borrower side, as well as handling other financing work for Finnish companies active in the fintech space. The team is also experienced in regulatory matters involving corporate lending transactions and the financing of PPPs. Practice head Tommi Elo deals with licensing and regulatory proceedings, as well as cross-border securities transactions, while Ari Keinänen specialises in corporate and real estate transactions.

Practice head(s):

Tommi Elo

Other key lawyers:

Ari Keinänen

Key clients


Nordea Bank

Aberdeen Property Funds

Schroder Property Funds

Suominen Corporation

Posti Corporation

Kesko Corporation

Bird & Bird

Under the leadership of senior counsel Kristiina Lehvilä, Bird & Bird‘s finance and financial regulation department acts for a spectrum of local and international banks, private equity houses and corporations, leveraging the firm’s global network on cross-border mandates. The team is active across a variety of financing matters, regulatory issues, compliance work and litigation.

Practice head(s):

Kristiina Lehvilä

Other key lawyers:

Josefina Aalto; William Schofield

Key clients



Trevian Asset Management

Terra Firma Capital Partners Limited

Dispelix Oy

Work highlights

  • Advised Swedish listed real estate company Nyfosa on the acquisition and financing of a real estate portfolio consisting of nine office properties and one project property in the Finnish university town of Jyväskylä from Castellum.
  • Advised Terra Firma and Metric Capital on the repayment and release of existing financing and security in Parmaco Group Oy in connection with the sale of Parmaco to global private markets business Partners Group.
  • Advised Dispelix Oy on the raising of €5m financing advanced by Flashpoint Venture Capital.

Attorneys-at-law Trust. Ltd

The ‘small and agile team‘ at Attorneys-at-law Trust. Ltd specialises in handling cross-border M&A, technology and corporate transactions for Finnish investors, private equity funds and industrial companies. Practice leader Mika Lehtimäki deals with corporate restructurings, structured finance transactions, and public-to-private transactions.

Practice head(s):

Mika Lehtimäki


‘Small and agile team with strong legal knowledge. They understand local legislation but also international, thus they are an excellent partner for international deals but also for locals.’

‘Mika Lehtimäki is just great. Big visions, full of energy while humble and boots-on-the-ground.’

Key clients

Ab Private Credit Investors LLC

ELO Pension Insurance Group

Fennia Insurance Group

FundSi Oy Oy

Korkia Oy

LocalTapiola Group

Seligson & Co Oyj

Tietokeskus Finland Oy

Veritas Pension Insurance Company

Work highlights

  • Advised Fennia on arranging and structuring debt facilities and derivatives facilities.
  • Advised LocalTapiola on several debt facilities and infrastructure transactions.
  • Advised Elo Pension Insurance Group on several syndicated financing facilities.