Nordhaven advised Pölkky on its EUR 77 million syndicated loan

7 feb 2022

Nordhaven advised Pölkky Oy on its 5-year EUR 77 million syndicated loan. EUR 18 million was used for refinancing the existing debt and the remaining EUR 59 million facilities amount is available for capital expenditure and working capital. Pölkky is Northern Finland’s largest private wood processing company with around 420 employees and annual turnover of approximately EUR 200 million. The company was founded in 1968 and is currently held by the 3rd generation of Virranniemi family.

This financing enables us to execute our EUR 92 million investment program until 2024, in line with our strategy. We are very satisfied on the outcome and on Nordhaven’s excellent work”, says Petteri Virranniemi, CEO of Pölkky Oy. “Nordhaven’s team managed the whole process from planning to execution in a highly professional manner. I can highly recommend Nordhaven”, adds Tuomas Anttila, CFO of Pölkky Oy.

It was a pleasure to support Pölkky on their ambitious investment program. As an independent and unconflicted advisor we can be instrumental in arranging a balanced financing package that works for the owners, the businesses, and the financiers.” says Kalle Helander, partner at Nordhaven.

 

Nordhaven’s Debt and Capital Advisory in brief

Nordhaven provides independent debt & capital advisory to private and public companies as well as private equity clients. Our dedicated senior team has relevant hands-on experience and deep relations to various banks, institutional investors, debt funds and other alternative capital providers.

Join our newsletter
Subscribe to our newsletter to receive the latest news from Nordhaven Corporate Finance.
  • Helsinki
  • Eteläranta 12
  • +35 8 207 613 910
  • Oslo
  • Hieronymus Heyerdahls gate 1
  • +47 901 38 832
 
Contact LinkedinPrivacy Policy
Nordhaven
Website by Almedialt