London—Dentons has advised Citigroup Global Markets Limited, Goldman Sachs International, The Toronto-Dominion Bank and others as lead managers on the issue by Finnvera plc ("Finnvera") of US$1,000,000,000 3.000 per cent. Notes due 2023 guaranteed by the Republic of Finland pursuant to Finnvera's US$11,000,000,000 Euro Medium Term Note (EMTN) Programme. This transaction represents the fourth issuance by Finnvera since May 2017 on which Dentons has advised the lead managers, raising aggregate gross proceeds of over US$3,750,000,000.
Finnvera is a specialised financing company owned by the Republic of Finland. Finnvera is the official export credit agency of the Republic of Finland and provides export finance of approximately €22.2 billion to 27,300 customers.
Dentons' London-based Capital Markets partner Nick Hayday, who led on the transaction, said, "We are very pleased to have advised the lead managers on this successful bond issuance by Finnvera. This transaction demonstrates our continued commitment to executing high profile transactions for lead managers."
In addition to Nick Hayday, London-based US Securities partner Cameron Half and associates Moeen Qayum and Nick Yao have advised on Finnvera's EMTN Programme and subsequent bond issuances thereunder.