Borenius advised Lounea in connection with EUR 123 million financing arrangement

We advised Lounea Net Oyj in relation to a EUR 123 million committed term and revolving credit facility, as well as a EUR 25 million uncommitted accordion facility. This transaction represents Lounea’s first club financing, intended to refinance existing debt and support the company’s strategic growth initiatives.

Lounea is a leading Finnish digital infrastructure provider, focused on optical fiber and ICT-infrastructure services throughout Finland.

The club financing was arranged by Danske Bank A/S and Nordea Bank Abp as coordinating mandated lead arrangers, with Danske Bank A/S acting also as agent.