Citi Best Investment Bank in Finland
Citi is named Best Investment Bank in Finland for the second year in a row by Euromoney, the preeminent global financial markets magazine, at its annual Awards for Excellence dinner in London.
“To achieve this eminent award for the second year in a row makes the Nordic team more than proud. It’s rewarding to see that we’ve been noted for our unique combination of local and global expertise. We always want to do the best for our clients, and our 40 years presence in the region is a testament to that,” says Eirik Winter, Nordic Head of Investment Banking and Chairman Nordic Region.
The jury’s motivation:
“In investment banking, the Scandinavian strengths of Citi – led by Nordic chairman Eirik Winter – are on full display in Finland, where it is the country’s best investment bank. Its work this year included the high-profile restructuring of a local mining concern Terrafame, helping it ramp up production after a Finnish government rescue through a €250 million recapitalization with investment from Trafigura and Sampo.
Citi also advised on several divestments by Luvata, increasing interest by running individual sales processes for three newly separated divisions of the Finnish manufacturer, ultimately bringing in separate buyers from China, Japan and the US. Other highlights included advising Terex on its acquisition by Finland’s Konecranes, helping the latter stave off a bid by Chinese firm Zoomlion.
In capital markets, Citi was exclusive financial adviser on a €1.1 billion equity fund raising for a logistics platform set up by Nordic Real Estate Partners. Its prowess in debt financing is similarly strong, as seen in the Republic’s €4.5 billion dual-tranche bond offering, deals for the Nordic Investment Bank and Finnvera and bonds for corporates including Caruna, Sampo and Nokia.”
For further information Nordics, please contact:
Anneli Sundstrom, Communications Director Nordics on +46702503591, or anneli.sundstrom@citi.com
Citi
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