Krogerus' banking and finance department advises on the full range of domestic and international financing transactions and is a key adviser on complex acquisition and leveraged financings and structured finance mandates. The unit is additionally well regarded for its real estate finance and project finance work related to the energy sector, especially relating to renewable energy projects. Practice head Päivi Toivari is praised for her ‘outstanding negotiation skills and impeccable argumentation skills’ and specialises in acquisition financings, corporate lending, structured financing agreements, debt issuances and derivatives matters. ’Excellent negotiator’ Heidi Kivenjuuri excels in real estate and project finance matters, and restructurings; and Jenna Kiiskinen is the key name at counsel level.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Strong understanding of the business sector and the nature of our company in particular.’

  • ‘Krogerus has a very experienced and professional team. It is always a pleasure to work with them.’

  • ‘Apart from a vast experience with various financing structures, Heidi Kivenjuuri has a very hands-on pragmatic approach.’

  • ‘Krogerus' Banking and finance practice team, led by Päivi Toivari, is one of the most competent legal teams I have worked with. Punctual, constructive and maximally client-oriented team whose legal competences are beyond doubt. Their responsiveness (even during intense workload) and excellent collaboration with other legal teams participating in transactions, as well as technical solutions offered and ensured for the concerned parties strongly contribute to the success of the projects.’

  • ‘Päivi Toivari's most distinctive features are outstanding negotiation skills and impeccable argumentation skills. She is a high-profile professional and partner who is capable of managing, delegating and demonstrating maximum effort. Her knowledge, experience and competence are especially useful in critical or more intense situations.'

  • ‘Heidi Kivenjuuri has a very hands-on approach and she is an excellent negotiator who always finds suitable solutions with a commercial approach.'

  • 'Päivi Toivari has extensive knowledge in the field of banking and finance. You can trust even the most demanding and critical cases in the hands of Päivi.’
  • ‘Krogerus' Banking team can take on full responsibility for getting the deal through, have attention to detail and great adaption skills.’

Key clients

  • Nordea Bank Abp
  • Sampo plc
  • Ilmatar Energy Oy
  • Cibus Nordic Real Estate AB
  • UBS Asset Management
  • Skandinaviska Enskilda Banken AB
  • Ålandsbanken Wind Power Fund
  • Intera Partners
  • Helen
  • Verdane
  • Hyperco

Work highlights

  • Advised Copenhagen Infrastructure Partners (CIP) on financing matters in connection with its entry into a partnership with a Finnish developer Myrsky Energia Oy to develop more than 1.8GW of new onshore wind power in Finland.
  • Advised Ilmatar Energy on its the long-term €135m debt financing to fund the construction and operation of a portfolio of four onshore wind farms.
  • Advised Kohlberg Kravis Roberts & Co. Partner LLP (KKR) on the financing of its acquisition of a high-quality portfolio of thirty residential properties from Kruunuasunnot.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Päivi Toivari

Other key lawyers

Heidi Kivenjuuri, Jenna Kiiskinen