IFLR1000

Renor €190 million refinancing arrangement

1/12/2015
Refinancing
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€ 190 million

$ 209 million

Completed

1/12/2015

Overview:

  • Renor, a Finnish privately owned real estate development and investment company, entered into refinancing arrangements amounting to €190 million.
  • Danske Bank, Pohjola Bank, and Handelsbanken Capital Markets, Svenska Handelsbanken acted as lenders on the matter.
  • It was one of the largest refinancing transactions in Finnish real estate in 2015.

Wai Yee Tsang - Journalist

Jurisdiction:

Finland

Deal type:

Refinancing

Practice area:

Banking and finance

Governing law:

Finland

Industry sector:

Real estate

Firms:
Castrén & Snellman

Party: Renor (Borrower)

Party: Porin Puuvilla (Borrower)

Lawyer: Sakari Lukinmaa

Krogerus

Party: Danske Bank (Lender)

Party: Pohjola Bank (Lender)

Party: Svenska Handelsbanken (Lender)

Party: Handelsbanken Capital Markets (Lender)

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