Tanja Törnkvist | White & Case LLP International Law Firm, Global Law Practice
Tanja Tornkvist
Tanja Tornkvist

Tanja Törnkvist

Partner, Helsinki

T +358 9 228 64 351

T +358 40 7676 351

E ttornkvist@whitecase.com

in LinkedIn profile

Tanja Törnkvist is “a great lawyer - she is super meticulous and very structured, thinks ahead, and works independently. If there is a question that really needs attention she will give you her recommendation and the alternatives”.

Chambers Europe 2014

Overview

Recognised by professional guides as one of the leading banking lawyers in Finland, partner Tanja Törnkvist supports clients with a wide range of financing transactions.

Major domestic and international companies and financial institutions benefit from her experience in complex leveraged finance and investment grade deals, real estate finance and general banking.

Noted for her cutting-edge approach to transactional matters, Tanja has been at the forefront of developing the Finnish high yield securities market, advising clients from pari secured bank/bond structures to super senior revolving credit facilities.

Committed to helping clients to achieve their business objectives, regardless of their complexity or innovative aspects, she has worked on a number of pioneering deals that were market 'firsts'. These include the first-ever full-scale consent solicitation process related to Finnish law-governed bonds, and the first ever domestic secured bond issue and programme by Finnish issuers.

Bars and Courts

  • Finnish Bar Association

Education

  • LLM, University of Helsinki, Faculty of Law

Languages

  • English
  • Finnish
  • Swedish

Experience

Outokumpu – financing package and first-ever full-scale consent solicitation process for Finnish law-governed bonds (2014)

Tanja advised Outokumpu Oyj in relation to its consent solicitation process, whereby two series of Outokumpu's outstanding Finnish law-governed unsecured notes were converted to pari ranking secured notes, and in relation to Finnish law aspects of its debt financing arrangements, including the €900 million revolving credit facility and the €500 million liquidity facility. This represented the first ever full-scale consent solicitation process in respect of Finnish law-governed bonds.

Metso – full-scale financing package for the purposes of the demerger (2013)

Tanja advised Metso Corporation in relation to a financing package in preparation for its demerger, including a new €500 million committed back-up facility to support the consent solicitation process with the bondholders of Metso's EMTN program, a new €200 million term loan for the newly created Valmet Corporation, and a new €200 million syndicated revolving credit facility for Valmet.

Nordic bank club – innovative way to take security over oil (2013)

Tanja advised a syndicate of six Nordic banks in connection with the €150 million Secured Revolving Credit Facility for North European Oil Trade Oy, a Finnish fuel procurement company, involving a complex and novel way of taking security over oil. Nordea Bank Finland Plc acted as coordinating bookrunner of the facility.

Munksjö and EQT – financing facility for the purposes of combination (2013)

She advised Munksjö AB, a Swedish specialty paper producer, and EQT, a private equity firm, in connection with the financing of the business combination of Munksjö Group with Ahlstrom's Label and Processing business area.

Nordea Bank and Sampo Bank – first ever Finnish law-governed secured bonds (2012) and Sato – first ever secured bond programme (2013)

Tanja advised Nordea Bank Finland Plc and Sampo Bank plc as managers, in connection with the 2012 debut offering of €100 million 3.375% secured notes due 2019 by SATO Corporation. She also represented SATO Corporation in 2013, in connection with the establishment of its €500 million secured bond programme. The debut notes offering was the first ever domestic secured bond issue by a Finnish issuer, and the bond programme was the first ever domestic secured bond programme by a Finnish issuer.

Awards & Recognition

Leading Individual, The Legal 500

Banking & Finance – Finland

Leading Individual, Chambers Global Europe 2014

Banking & Finance – Finland