Tanja Törnkvist

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 Nordea Bank and Pareto Securities, as the joint bookrunners, on the issuances of €340 million 4.75 percent senior secured callable notes due 2026 and €300 million senior secured floating rate notes issued under a framework of EUR 450 million by PHM Group Holding Oyj, a property maintenance and management services group, including tap issues under the notes. The notes were offered in the United States to qualified institutional buyers as defined in, and in reliance on, Rule 144A under the Securities Act and outside the United States in reliance on Regulation S under the Securities Act. The notes are listed on the Open Market at the Frankfurt Stock Exchange and will be listed on Nasdaq Helsinki or another regulated market within twelve months of the issue date. White & Case also represented initially Nordea Bank and subsequently also Deutsche Bank on the €92.5 million super senior revolving credit facility. The notes and the super senior revolving credit facility share security and guarantees provided by PHM Group Holding Oyj and other group companies.

Representation of Georg Fischer AG on the financing of its €2.1 billion voluntary recommended public cash tender offer for all the issued and outstanding shares in Uponor. Georg Fischer offers products and solutions that enable the safe transport of liquids and gases, as well as lightweight casting components and high precision manufacturing technologies. Founded in 1802 and headquartered in Switzerland, it has more than 15,000 employees and a presence in 34 countries. Based in Finland and listed on Nasdaq Helsinki, Uponor is a leading global provider of solutions that move water through cities, buildings and homes. It employs around 3,900 people in 26 countries in Europe and North America and sells its products in more than 80 countries. In 2022, Uponor achieved net sales of around €1.4 billion.

Representation of Technopolis Holding Plc, a real estate company owned by Kildare Partners and providing shared workspaces as well as a wide range of related services, and certain of its Finnish, Swedish, Norwegian and Lithuanian subsidiaries in connection with the over EUR 720 million refinancing provided by a syndicate led by Citibank together with a number of global and local lenders. The refinancing consisted of euro, Norwegian krone and Swedish krona denominated senior secured term facilities and mezzanine secured term facilities.

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 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 Deutsche Bank, J.P. Morgan and Nordea Bank as Mandated Lead Arrangers, on the issuance by Assemblin of €480 million senior secured floating rate notes due 2029 and the establishment of new €180 million super senior revolving credit and guarantee facilities as well as a new pension guarantee facility. Assemblin is one of the Nordic region's leading providers of complete installation and service solutions, with a primary focus on electrical engineering, heating, sanitation, ventilation and automation.

Representation of Sanoma Corporation, a European learning and media company listed on Nasdaq Helsinki, on the financing of the acquisition of Pearson Italia S.P.A., a leading Italian provider of K- 12 learning material, from Longman Group (Overseas Holdings) Limited, and STARK Verlag GmbH, a small exam preparation business in Germany, from Pearson Deutschland GmbH with an agreed aggregate enterprise value of €190 million.

Representation of Valorem Group, the French pioneering independent renewable energy developer and operator, on the approximately €135 million project financing of the 148.5 MW Matkussaari onshore wind farm. The senior debt for the Matkussaari wind farm is being provided by AIP Management. The financing was part of a broader mandate where White & Case advised Valorem also on the divestment of the neighboring165 MW Kalistanneva onshore wind farm to a Finnish consortium formed by Helen Oy and the Bank of Åland Wind Power Fund Non-UCITS, and on the negotiation and settlement of all commercial arrangements related to Matkussaari wind farm. Both wind farms are located in the municipality of Kurikka, in the Ostrobothnia region of Finland, and are expected to commence commercial operations in 2025.

Representation of Nordea Bank Abp and Skandinaviska Enskilda Banken AB (publ) on the financing for the merger of Virala Acquisition Company Plc (VAC), the first company listed on the SPAC segment of the regulated market of Nasdaq Helsinki, and Purmo Group Ltd. The merger financing arrangements, all originally for Purmo Group, comprise a €280 million committed term loan facility, an €80 million committed revolving credit facility, an up to €125 million uncommitted term loan facility, and a €95 million committed bridge loan facility. Nordea and SEB acted as coordinating bookrunners and mandated lead arrangers and, in relation to the €280 million committed term facility and €80 million committed revolving facility, as joint underwriters. The facilities will be transferred to the combined company upon completion of the merger. The new combined company's shares will be applied to be listed on the official list of Nasdaq Helsinki.

Representation of Nordea Bank Abp and Danske Bank A/S, as joint underwriters, coordinating bookrunners and mandated lead arrangers, on the EUR 996 million financing arrangements entered into in connection with the contemplated combination of Valmet Oyj and Neles Oyj whereby Neles will be merged into Valmet. The combination will create a leading company with a unique offering for process industries globally and with combined annual net sales of approximately EUR 4.3 billion.