We advised Citycon on its EUR 1.5 billion guaranteed Euro Medium Term Note programme, which was published on 18 July 2017. Borenius acted as the Finnish counsel to Citycon Group and more specifically to the guarantor and parent of the group, Citycon Oyj. Nordea acted as the arranger of the programme. Borenius worked together with Shearman & Sterling (London) LLP, who acted as Citycon Group’s English law counsel.
Citycon Oyj (Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic and Baltic regions, managing assets that total approximately EUR 5 billion with a market capitalisation of EUR 2 billion.