White & Case advises Sanoma on its inaugural €150 million social bond issuance

Global law firm White & Case LLP has advised Sanoma Corporation on its inaugural €150 million offering of 4.000% social notes due 2027.

Nordea and Swedbank acted as joint lead managers on the issue of the notes. The notes were offered for subscription through a book-building procedure to institutional investors and will be listed on the Sustainable Debt Market of Nasdaq Helsinki.

Sanoma is an innovative and agile learning and media company listed on Nasdaq Helsinki, operating in 12 European countries with more than 5,000 employees.

The White & Case team in Helsinki which advised on the transaction was led by partner Jenni Nygård and included partners Mikko Hulkko and Oona Lilja and associates Krista Enarvi, Helen Happonen and Anniina Nuutero.

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