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Banking & Finance / 1 Jun 2018

Borenius advised Danske Bank A/S, Finland Branch in connection with a EUR 100 million senior secured bond issue

We advised Danske Bank A/S, Finland Branch in connection with a EUR 100 million senior secured bond issue. Danske Bank A/S, Finland Branch acted as the lead manager and sole bookrunner.

The bond issue is the first large real estate development bond in Finland, and the proceeds of the bond issue will be used to finance the overall development of the Keilaniemi area.

Keilaniemen kiinteistökehitys Oy, the issuer of the bond, is a wholly owned subsidiary of Regenero, a joint venture formed by YIT and HGR Property Partners.

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