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Roschier advises on the IPOs of Tokmanni Group and Lehto Group

04 May 2016

Roschier represented the arrangers and underwriters in the initial public offerings and listings on Nasdaq Helsinki of Tokmanni Group Corporation and Lehto Group Plc. These IPOs are the largest in the Finnish market in 2016 by both deal value and market capitalization.
 
The total value of the Tokmanni IPO was EUR 181 million, assuming full exercise of the over-allotment option. Roschier represented Goldman Sachs International and Nordea Bank Finland Plc, acting as joint global coordinators and joint bookrunners in the offering, and BofA Merrill Lynch and Carnegie Investment Bank AB, Finland branch, acting as joint bookrunners in the offering. Trading in Tokmanni’s shares commenced on the official list of Nasdaq Helsinki on 3 May 2016 under the symbol “TOKMAN”.
 
The total value of the Lehto Group IPO was EUR 77 million, assuming full exercise of the over-allotment option. Roschier represented OP Corporate Bank plc, acting as the global coordinator and joint bookrunner and Pareto Securities Oy, acting as joint Bookrunner  on the IPO. Trading in Lehto Group’s shares commenced on the official list of Nasdaq Helsinki on 2 May 2016 under the symbol “LEHTO”.

Matter Type
Banking & Finance - Capital Markets: Equity
Industry
Finance & Banking
News Category
M&A
Banking & Finance