Joona Krigsman

Joona Krigsman

Associate, Helsinki
Joona Krigsman
Joona Krigsman

Joona Krigsman

Associate, Helsinki
Joona Krigsman

Biography

Joona Krigsman advises clients in the field of corporate and financial transactions, including mergers and acquisitions, capital markets and bank finance transactions.

Joona joined White & Case in 2024 after his graduation from law school. He was previously an Associate Trainee with the firm.

Experience

Representation of Antilooppi Ky, a real estate investment firm specializing in office properties in the Helsinki region, in connection with the amendment and restatement of its up to EUR 520 million sustainability-linked, secured, term loan financing. As part of the amendment, the term of the financing was extended by three years, with additional extension options. Nordea, OP, SEB and Danske Bank continue as lenders.

Representation of Neste Oyj, the world's leading producer of sustainable aviation fuel (SAF) and renewable diesel, on the financing of the EUR 1,3 billion multi-currency revolving credit facility with a syndicate of 13 banks. The five-year tenor has two one-year extension options subject to approval by individual lenders. The loan will be used for refinancing and general corporate purposes.

Representation of Triton, a leading European mid-market sector-specialist investor with more than 200 investment professionals across 11 offices, on its acquisition of MacGregor, a leading global company in sustainable maritime cargo handling with around 1,800 people across 30 countries. MacGregor is part of Nasdaq Helsinki-listed cargo handling solutions and services company Cargotec Corporation, which has more than 6,000 employees worldwide and achieved sales during 2023 of approximately €2.5 billion.

Representation of Nordea Bank Abp and Deutsche Bank Aktiengesellschaft as joint global coordinators and physical bookrunners in connection with the issuance of EUR 300,000,000 syndicated senior secured floating rate term loan B of PHM Group Holding Oyj, a property maintenance and management services group that is present in Finland, Sweden, Norway, Denmark, Germany and Switzerland. The senior secured floating rate term loan B has a margin of 4.75 per cent and a maturity of up to seven years. PHM Group is majority-owned by a Nordic private equity investor Norvestor.

Representation of Musti Group Oyj, a leading Nordic pet care company, in securing EUR 110,000,000 term facility, EUR 100,000,000 revolving facility and EUR 60,000,000 uncommitted accordion facility from Danske Bank, OP Corporate Bank plc and Swedbank AB (publ) for purposes of refinancing existing indebtedness and general corporate purposes.

Representation of the initial purchasers and lenders on Assemblin Caverion Group's upsized offering of €1.28 billion high yield notes and €495 million (equivalent) RCF/guarantee/pensions facilities.

In April 2024, a consortium led by Apollo Global Management and Rettig Oy Ab, a Finnish family office with 61.8 percent ownership in Purmo, made a voluntary tender offer for shares in Purmo Group. In July, Haier Smart Home made a competing offer with a higher offer price. The deal value in Apollo’s bid was €456 million, whereas Haier’s bid was €577 million. In late July 2024, Purmo announced that despite Haier’s higher bid, Purmo’s board of directors had decided to uphold its recommendation for Apollo’s bid. The board of directors justified its decision by arguing that the risk of non-completion due to potential failure to obtain regulatory approvals for Haier’s bid did not seem to be material, but was not insignificant and was notably higher than in Apollo’s bid. In addition, Purmo’s board of directors noted that it had not received sufficient comfort from the major shareholders that would indicate their support for Haier’s bid. Eventually, the consortium gained ownership of more than 90 percent in Purmo.

Representation of Technopolis Holding Plc, a real estate company owned by Kildare Partners and providing shared workspaces as well as a wide range of related services, and certain of its Finnish, Swedish, Norwegian and Lithuanian subsidiaries in connection with the over EUR 720 million refinancing provided by a syndicate led by Citibank together with a number of global and local lenders. The refinancing consisted of euro, Norwegian krone and Swedish krona denominated senior secured term facilities and mezzanine secured term facilities.

Representation of PayPal Ventures on leading an €18+ million Series A extension for Berlin-based corporate card platform Pliant. Founded in 2020, Pliant’s credit card platform enables companies to issue physical, virtual and one-time credit cards that integrate into business back-end enterprise resource planning software. Existing investors SBI Investment, Motive Ventures and Alstin Capital also participated in the round which brings Pliant’s total Series A financing to more than €50 million.

Finland
LLM
Faculty of Law
University of Helsinki
LLB
Faculty of Law
Queen's University of Belfast
Finnish
English

Service areas