Krista Rekola

Associate, Helsinki

Biography

Overview

Krista Rekola advises Finnish and international clients in corporate and financial transactions, including debt finance as well as mergers and acquisitions. Krista's debt 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

Representation of Starwood Capital Group, a leading global private investment firm, in connection with the financing for the acquisition (through a controlled affiliate) of a Finnish rental residential portfolio of approximately 2,200 units in partnership with Avara Oy, Finland's leading residential real estate investment and asset management company, and related refinancing. The portfolio consists of 73 assets located in 16 cities, with 50% of the portfolio value in the Helsinki region.

Representation of 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.

Representation of 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.

Representation of Fingrid Oyj in relation to its EUR 100 million loan agreement with the European Investment Bank (EIB). The EIB financing will support Fingrid’s investment programme, which aims to rehabilitate and develop the Finnish electricity transmission network, including the implementation of a centralised information exchange system (“data hub”) for the electricity retail market.

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).

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

Representation of 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.

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.