References/1 Dec 2021

Borenius advised University Properties of Finland Ltd on its refinancing package

We assisted University Properties of Finland Ltd (SYK) with its extensive EUR 485 million refinancing package that was arranged by Nordea and Handelsbanken. The refinancing will be fully arranged by means of green financing, which makes it one of the most significant financial arrangements in the Finnish real estate sector in terms of sustainability.

Our team worked closely with PricewaterhouseCoopers Oy to represent our mutual client.

SYK is a nationwide owner and developer of higher education campuses outside of the Helsinki metropolitan area. It is also the forerunner in the field of sustainable real estate business in Finland, and we are excited to have contributed to this landmark green financing transaction.

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Service areas

Team

Niina Nuottimäki

Partner

Helsinki

Jenny Shahnovskij

Senior Associate

Helsinki

Saara Mankki

Associate

Helsinki