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 [email protected]

in LinkedIn profile

“Tanja Törnkvist is hailed by clients as a ‘very skillful lawyer with a profound understanding of commercial matters’ who ‘works really hard to achieve the best solution for the client.’”

Chambers Europe 2017

Overview

Recognized by professional guides as one of the leading banking lawyers in Finland, newly appointed Office Executive Partner of White & Case Helsinki, Tanja Törnkvist, supports clients with a wide range of financing transactions.

Major domestic and international companies and financial institutions benefit from her experience in acquisition finance transactions, general bank lending, project finance, structured bank/bond transactions, financial restructurings and real estate finance.

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 a Finnish issuer.

Bars and Courts

  • Finnish Bar Association

Education

  • LLM, University of Helsinki, Faculty of Law

Languages

  • English
  • Finnish
  • Swedish

Experience

Stockmann plc – EUR 900 million combined secured bank/bond offering, 2017

Representing Danske Bank A/S, Nordea Bank AB (publ), OP Corporate Bank plc, DNB Bank ASA, Svenska Handelsbanken AB (publ) and Swedbank AB (publ) as arrangers and lead managers in Stockmann plc's combined bank/bond financing comprising EUR 650 million secured term and revolving credit facilities and EUR 250 million senior secured bond offering.

The Blackstone Group – EUR 1.6 billion refinancing of Sponda Plc's group companies, 2017

Representing 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.

Cerberus Capital Management – acquisition financing of real estate portfolio, 2017

Representing Cerberus Capital Management, L.P., a leading private investment firm, on the financing of the acquisition of a real estate portfolio comprising five shopping centers and a purchase option on a development site from Citycon Oyj, a listed Finnish company owning and managing shopping centers in the Nordic and Baltic region.

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.

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 merger with Ahlstrom Corporation, comprising approximately EUR 560 million multicurrency term and revolving credit facilities and EUR 200 million bridge facility for Ahlstrom, to 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.

Awards & Recognition

Leading Individual, The Legal 500 EMEA

Banking & Finance – Finland, 2017

Ranked Lawyer (Band 1), Chambers Global

Banking & Finance – Finland, 2017