Pauliina Heikkonen
Biography
Overview
Pauliina Heikkonen advises Finnish and international clients in corporate and financial transactions, representing lenders as well as corporate clients. Pauliina's debt finance experience includes acquisition finance, real estate finance, project finance and general bank lending.
Prior to joining White & Case in 2023, Pauliina gained experience in financial transactions at another law firm in Helsinki as well as during secondment to a large corporate bank.
Experience
Representation of Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ), Danske Bank A/S and OP Corporate Bank plc on the EUR 200,000,000 secured revolving loan facility of Finnair Oyj for general corporate purposes. The financing carries a three-year tenor with a one-year extension option.
Representation of Sato Oyj, one of Finland's leading housing providers, on the €150 million secured, sustainability linked term loan facility with Legal & General Investment Management's dedicated UK and European Real Estate Debt Division. The loan has a 12-year tenor and will be used for general financing purposes and refinancing existing indebtedness.
Representation of certain Nordic banks on the financing arrangements in connection with the contemplated demerger of Tietoevry Corporation's Banking business into a new independent company to be incorporated in connection with the demerger, the shares of which will be listed on the Nasdaq Helsinki under the name Tietoevry Banking Corporation. The financing package comprised of €672 million facilities for Tietoevry and €180 million facilities for the new Tietoevry Banking Corporation, some of which are back-up facilities to support Tietoevry's consent solicitation and waiver processes of its existing bonds and certain other syndicated an bilateral financing arrangements, and some of which may be utilized whether or not the demerger is completed.
Representation of Valmet, a leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries, on EUR 175,000,000 loan agreement with European Investment Bank. The loan will support Valmet's research and development (R&D) activities to help finance technologies that replace fossil fuels with renewables and is linked to Valmet's R&D activities in 2023-2026.
Representation of Goldman Sachs International on the financing of its acquisition of a portfolio of five (5) industrial real estate assets in Finland.
Representation of Valmet Oyj, a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, in the financing for the acquisition of Körber Group's Business Area Tissue. The financing package for the acquisition consists of two facilities underwritten and committed by Danske Bank A/S and Nordea Bank Abp, a EUR 250 million term loan facility maturing in January 2028 and a EUR 150 million term loan facility maturing in two years from the closing of the acquisition.
Representation of Antilooppi Ky, a real-estate investment firm in the Helsinki region, in its financing package, worth over half a billion euros. The financing consist of a ten-year €40 million financing agreement with Nordic Investment Bank to finance the Siltasaari 10's LEED Platinum renovation project and a three-year €528.4 million sustainability-linked financing agreement with Nordea, OP, SEB and Danske Bank covering the majority of the other assets in the portfolio.
