Krista Rekola

Associate, Helsinki

Biography

Overview

Krista Rekola advises Finnish and international clients in corporate and financial transactions, including bank finance as well as mergers and acquisitions. Krista's bank finance experience includes acquisition finance, real estate finance, project finance and general bank lending, representing lenders as well as corporate clients.

Krista joined White & Case in 2015 after her graduation from law school.

Education
LLM
Faculty of Law
University of Helsinki
MSc
Economics
Aalto University School of Economics
MSc
CEMS MIM
Aalto University School of Economics
Languages
English
Finnish

Experience

Technopolis – EUR 930 million refinancing, 2019
Representing 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.

Nordea Bank Abp, Swedbank ab (publ) and Aktia Bank plc – €142 million real estate financing, 2018
Representation of Nordea Bank Abp, Swedbank Ab (publ) and Aktia Bank plc as lenders in relation to the EUR 142,000,000 financing of an acquisition of six daily-goods properties in Finland and related refinancing of Cibus Retail 2 Oy, an affiliate of Cibus Nordic Real Estate AB (publ).

Technopolis – EUR 518 million refinancing, 2018
Advising Technopolis Plc in connection with its €518 million refinancing arrangement with three Nordic financial institutions. The financing arrangement consists of four secured facilities: (i) €150 million term loan facility for refinancing existing debt, (ii) €100 million committed capex facility, (iii) €100 million committed revolving credit facility and (iv) €168 million guarantee facility.

The Blackstone Group – EUR 1.6 billion refinancing of Sponda Plc's group companies, 2017
Advising The Blackstone Group in relation to the EUR 1.6 billion refinancing of Sponda Plc's group companies carried out in connection with Blackstone's tender offer for Sponda Plc shares. In the refinancing, the group's financing structure was changed from primarily unsecured financing to secured financing involving extensive security over the group’s real estate assets.

Blackstone Tender Offer for Sponda, 2017
Representation of The Blackstone Group L.P. in its recommended public tender offer for all shares in Sponda Plc, a Finland-based property investment company specializing in commercial properties in the largest cities in Finland.

Antilooppi – EUR 470 million real estate finance, 2016
Representing Antilooppi Ky, a modern real estate company focusing on office properties in the Helsinki Metropolitan Area, in connection with its EUR 470 million facilities agreement with Nordea Bank Finland Plc as Bookrunner, Mandated Lead Arranger, Facility Agent and Security Agent, OP Corporate Bank plc as Bookrunner and Mandated Lead Arranger, Skandinaviska Enskilda Banken AB (publ) as Mandated Lead Arranger and Danske Bank A/S and Svenska Handelsbanken AB (publ) as Lead Arrangers. The facilities consist of three separate tranches: a EUR 200 million term loan facility, a EUR 120 million revolving credit facility and a EUR 150 million uncommitted term loan facility, which will be used for refinancing of existing indebtedness and financing additional investments.

Munksjö – full-scale financing package for the purposes of the contemplated merger, 2016
Representing Munksjö Oyj in relation to a financing package in preparation for its contemplated merger with Ahlstrom Corporation, comprising approximately EUR 560 million multicurrency term and revolving credit facilities and EUR 200 million bridge facility for Ahlstrom, which will be assumed by Munksjö as from the date of completion of the merger with amended terms.

Club of European banks – project financing of a CHP Plant, 2016
Representing the European Investment Bank, Nordic Investment Bank and a group of commercial lenders including ING Belgium SA/NV, Nordea Bank Finland Plc, Skandinaviska Enskilda Banken AB (publ), The Bank of Tokyo Mitsubishi UFJ, Ltd., UniCredit Bank AG London Branch and UniCredit Bank Austria AG on financing the construction of a new industrial combined heat and power (CHP) plant in Kilpilahti, Finland that will supply heat to the oil refinery and chemicals plant on the same site. The plant is owned by Neste Oyj (40%), Veolia Energie International SA (40%) and Borealis AG (20%). The total investment value of the power plant is approximately EUR 400 million.