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


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


  • LLM, University of Helsinki, Faculty of Law


  • English
  • Finnish
  • Swedish


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.

Gasum – financing for the acquisition of Risavika and refinancing of existing facilities, 2016

Representing Gasum Oy, a natural energy gas company fully owned by the Finnish state, and certain of its subsidiaries, including Skangas AS, a leading player in the Nordic and Finnish liquefied natural gas (LNG) market, in connection with the facilities agreement with a club of Nordic banks in order to, inter alia, refinance existing debt facilities and finance the acquisition of Risavika LNG Production AS by Skangas AS. Gasum develops the Finnish and Nordic energy infrastructure by investing in the LNG business, biogas business and transport services.

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.

Sanoma Corporation – EUR 500 Million Syndicated Revolving Credit Facility, 2016

Representing Sanoma Corporation, a leading consumer media and learning company in Finland, Sweden, Belgium, the Netherlands and Poland, in connection with its EUR 500 million syndicated revolving credit facility with a group of seven relationship banks: ING, Nordea, Pohjola Bank, Danske Bank, Handelsbanken. SEB and Swedbank.

Club of Nordic banks – innovative way to take security over oil, 2015

Representing a club consisting of several Nordic banks with Nordea Bank Finland Plc acted as coordinating bookrunner in connection with refinancing of the existing revolving credit facility by the secured revolving credit facility for a Finnish fuel procurement company, North European Oil Trade Oy. The deal involved a very complex security structure where oil is used as security in a novel manner in Finland, Sweden and Norway.

Club of European banks – project financing of the E18 motorway Hamina-Vaalimaa section, 2015

Representing the European Investment Bank, Nordic Investment Bank and Pohjola Bank plc as senior lenders in connection with the project financing of the E18 Hamina-Vaalimaa motorway PPP project. Pohjola acted as global agent, security agent and hedging bank, and the project sponsors were leading infrastructure investor Meridiam Infrastructure Europe II and Finnish construction company YIT Corporation.

Awards & Recognition

Leading Individual, The Legal 500

Banking & Finance – Finland

Leading Individual, Chambers Global Europe 2014

Banking & Finance – Finland