RASK consults holding company Yaico in issuing secured notes.
Case
RASK’s finance team headed by Timo Kullerkupp advised Yaico AS in issuing secured notes to arrange bridge financing related to group’s loan obligations. Redgate Capital was the financial advisor in the issue of the notes.
RASK Attorneys-at-Law together with the issuer and the financial advisor drafted and negotiated the terms & conditions of the issue, the securitization documents, collateral agent agreement and other documents pertaining to the issue. Secured bonds received positive feedback from the market and the issue was oversubscribed.
Yaico’s notes are registered with NASDAQ CSD.
Yaico is a family owned business, a parent company of Bauroc and Ogre Industrial Park. The group also includes a Finnish subsidiary Jämerä Kivitalot Oy. The group is a the largest producer of autoclaved aerated concrete (AAC) in Northern Europe.
RASK Attorneys-at-Law together with the issuer and the financial advisor drafted and negotiated the terms & conditions of the issue, the securitization documents, collateral agent agreement and other documents pertaining to the issue. Secured bonds received positive feedback from the market and the issue was oversubscribed.
Yaico’s notes are registered with NASDAQ CSD.
Yaico is a family owned business, a parent company of Bauroc and Ogre Industrial Park. The group also includes a Finnish subsidiary Jämerä Kivitalot Oy. The group is a the largest producer of autoclaved aerated concrete (AAC) in Northern Europe.