Kasper Paasikallio advises clients in the field of corporate and financial transactions, including bank finance transactions, mergers and acquisitions and capital markets transactions.
Kasper joined White & Case in 2018 after his graduation from law school.
Nordic Capital's acquisition of iLOQ, 2019
Advising Nordic Capital on the acquisition of iLOQ from Sievi Capital and other shareholders. iLOQ is a leading provider of self-powered digital and mobile locking systems which transform the way access to buildings is handled into a highly secure, functional and sustainable system, founded in 2003 and based in Oulu, Finland, with local branches in Sweden, Denmark, Norway, Germany, the Netherlands, France and Spain.
Outokumpu Oyj – EUR 400 million sustainability linked term loan facility, 2019
Advising Outokumpu Oyj in relation to its new secured EUR 400 million term loan facility arranged by Danske Bank A/S, Swedbank AB (publ), OP Corporate Bank plc, Skandinaviska Enskilda Banken AB (publ) and Nordea Bank Abp. The new term loan is sustainability linked and the margin of the loan is linked to the total recordable incident frequency rate and carbon dioxide emission per ton of stainless steel produced, both in relation to set targets. The loan shares the existing security package e.g. with Outokumpu's existing syndicated revolving credit facility and with the secured notes due 2024.
Nordea Bank Abp – EUR 190 million refinancing, 2019
Advising Nordea Bank Abp, Swedbank AB (publ) and LocalTapiola as lenders in relation to the EUR 190 million refinancing of, and related financing for the acquisition of three additional properties by, Cibus Grocery 1 Oy, a portfolio company of Cibus Nordic Real Estate AB (publ). The facilities consist of two separate tranches: a EUR 143 million committed facility and a EUR 47 million uncommitted facility.
Metso's combination of Metso Minerals and Outotec, 2019
Advising Metso Corporation in relation to a financing package in preparation for the combination of Metso Minerals and Outotec Oyj under the name Metso Outotec, with the remainder of Metso, Metso Flow Control, becoming an independent separately listed company under the name Neles. The financing for Metso (and, subsequently, Metso Outotec) comprised of a EUR 1.55 billion backup and term loan facilities with Nordea Bank Abp for the purposes of supporting the transaction and possible amendment and consent solicitation processes related to Metso’s current financing arrangements, financing the potential cash redemption of Metso’s shares up to EUR 500 million, as well as providing backup liquidity to Metso (and, subsequently, Metso Outotec) in the form of a revolving credit facility amounting to EUR 500 million. The financing for Metso (and, subsequently, Neles) comprised of a EUR 150 million term loan facility with Nordea Bank Abp, which may be used for the repayment and replacement of Metso’s credit facilities and other liabilities that benefit the flow control business and are to remain with Neles post completion.
Technopolis – EUR 930 million refinancing, 2019
Advising Technopolis Plc, a modern real estate company providing shared office space and related services, and certain of its group companies in Finland, Norway, Sweden and Lithuania in connection with its approximately EUR 930 million euro, Norwegian krone and Swedish krona denominated senior secured facilities and mezzanine secured facilities. The facilities are to be used for, among others, the refinancing of Technopolis and its group companies' existing indebtedness and the financing of certain existing and future organic growth projects.
Antilooppi – EUR 565 million facilities agreement, 2019
Advising Antilooppi Ky, a modern real estate company focusing on office properties in the Helsinki Metropolitan Area, in connection with its EUR 565 million facilities agreement with Nordea Bank Abp, OP Corporate Bank plc, Skandinaviska Enskilda Banken AB (publ) and Danske Bank A/S and Handelsbanken Capital Markets, Svenska Handelsbanken AB (publ) as lenders and arrangers. The facilities consist of three separate tranches: a EUR 385 million committed term loan facility, a EUR 165 million uncommitted term loan facility and a EUR 15 million uncommitted ancillary facility, to be used for refinancing of Antilooppi's and its subsidiaries' existing secured facilities and financing additional investments.