Mandatum Asset Management Ltd, led by Mandatum Opportunistic Loan Strategy, has arranged a senior secured add-on loan of approximately €45 million to special investment fund Trevian Finland Properties I, bringing the total financing package to ca. €135 million. The loan is secured by a well-diversified set of commercial real estate across Finland.
In addition to Sampo Group companies and Mandatum Opportunistic Loan Strategy as Lenders, a large Finnish institutional investor has participated in the new financing as a co-lender.
“The additional financing enables us to continue our profitable growth and improve the return on our investors’ equity. Cooperation with the Arranger has been smooth and professional throughout the process”, says Emilia Riikonen, CEO & Partner of Trevian Funds AIFM on behalf of the borrower.
“We are delighted to have been able to source and put together this financing package on behalf of our investors and at the same time made it possible for Trevian’s fund to efficiently execute its growth strategy. We are also very happy for the trust our investors and our new co-lender have put in us throughout this process”, says Alexander Gallotti, Head of Loan Strategies at Mandatum Asset Management, on behalf of the Arrangers.
DLA Piper Finland Attorneys Ltd acted as advisor to the Borrower and Krogerus Attorneys Ltd acted as advisor to the Arrangers and the Lenders.
Emilia Riikonen, CEO & Partner
Trevian Funds AIFM Ltd
tel. +358 50 501 2481
Trevian Funds AIFM was established in 2017 and it has a license under the AIFM Directive. The company is based on Finland’s strongest property portfolio management expertise. Non-UCITS Trevian Finland Properties I is its first fund to invest in strong cash flow and development potential, as well as reducing the carbon footprint of its holdings.